Biden’s Busy Weekend, and Retail Crime Wave 5/19/23
Power Lunch - A podcast by CNBC
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President Biden has a busy weekend on deck. Today he’s in Japan meeting with G-7 leaders on Russia, China & more. While halfway across the world, negotiations on the debt ceiling are reportedly stalled ahead of a fast-approaching deadline. We’ll discuss. Plus, retail has a shrink problem. Theft is hitting the bottom line big time, and it’s not kids shoplifting – it’s organized crime. We’ll explore the issue.