Price
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News
Fed’s Preferred Inflation Gauge Eased in November
A key inflation index has been cooling as prices rise less rapidly, good news for policymakers and consumers.
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News
Get That Champagne Feeling on a Sparkling Wine Budget
The holidays require sparkling wine, there’s no getting around that. But does it need to be Champagne? That’s a particularly good question this year, as Champagne is more expensive than ever. You may be able to find a bottle for under $40 somewhere ...
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News
G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
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News
U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
The News A streak of unexpectedly good news on inflation has continued in Britain, as the annual rate of price increases dropped to its lowest level in more than two years. Consumer prices in Britain rose 3.9 percent in November from a year earlier ...
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News
Possible Ways to Ease Drug Shortages
Lawmakers, U.S. officials and industry experts have offered measures to try to shore up the generic drug market.
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Newyork
How to Hold an Anticapitalist Art Auction
A 37-year-old artist who calls himself Penny Pinch says he’s an anticapitalist, but not the angry kind. His paintings feature flat-nosed men in buffalo suits. They’re in the bold, cartoonish street style of Keith Haring or the animated series ...
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News
Gas Prices Are Falling, Hitting Their Lowest Level in Almost a Year
In the fight to bring down inflation, the falling price of gasoline stands out, even if Federal Reserve policy has little to do with it. The national average for unleaded gas was $3.14 a gallon on Dec. 12, according to AAA. That’s 23 cents less than ...
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News
Inflation Holds Roughly Steady Ahead of Fed Meeting
Inflation data released on Tuesday showed that price increases remained moderate in November, the latest sign that inflation has cooled substantially from its June 2022 peak. That’s likely to keep the Federal Reserve on track to leave interest rates ...
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World
You’ll Pay More to See the Mona Lisa: The Louvre Is Raising Its Admission Price
The increase, going into effect in January, comes amid broader concerns about rising costs for lodging and transportation ahead of the Summer Olympics in Paris.
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News
Corporate America Is Testing the Limits of Its Pricing Power
Alexander MacKay coleads the Pricing Lab at Harvard Business School, a research center devoted to studying how companies set prices. Since the pandemic, he has watched how businesses have become more willing to experiment with what they charge their ...