Price
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News
Fact-Checking the Republican National Convention on Energy Claims
Several speakers focused on the sharp rise in gas and electricity prices under President Biden. We scrutinized their statements.
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News
Have Potato Chips Reached Peak Price?
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
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News
One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
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Newyork
Chocolate Prices Have Spiked. Why Are Cocoa Farmers Still So Poor?
Emmanuel Frimpong, 32, is a cocoa farmer in Ghana, mostly by default. He has a university education but couldn’t find another job so he works on the family farm. “Why not?” he told me. “I’m willing to do the job.” His literacy and English skills help ...
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News
The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
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Newyork
Even Doctors Like Me Are Falling Into This Medical Bill Trap
Thank goodness for urgent care centers. Last July, my daughter was still limping a week after a bike injury and we needed a quick X-ray to rule out a fracture. As a doctor, I knew we didn’t need an expensive emergency room for something this ...
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News
3.3%
The rate of inflation in May over the previous year.
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News
Price Pendulum Swings Back to Discounts, Within Limits
The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
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News
Companies Counter Pushback on Price Increases With Promotions
“The consumer was a fat pig — now there’s nothing left, and they need to feed the pig again,” one banker told DealBook.
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News
U.S. Approves Investment Product Tied to Popular Cryptocurrency Ether
The Securities and Exchange Commission gave its blessing to a fund that tracks the price of the most valuable cryptocurrency after Bitcoin.