Tag: Prices (Fares, Fees and Rates)

Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following…

Hiring Remains Strong Even as Fed Tries to Cool Economy

But a broad range of economists and policymakers, including Jerome H. Powell, the Fed chair, stress that more…

Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply?

When all prices are rising, consumers lose track of how much is reasonable to pay. “In the inflationary…

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the…

These New Low-Cost Airlines (Might) Offer Deals

This spring, the Icelandic airline Play began flying between the United States and Iceland. Service has already started…

Wall Street’s Losing Streak Ends, but Uncertainty That Drove It Lingers

The stock market’s staggering run of losses came to an end last week, with the S&P 500 snapping…

Americans Keep Spending Even as Inflation Erodes Buying Power

Americans built up trillions of dollars in savings during the pandemic. Now, with prices rising at their fastest…

Gas Prices Hit New Highs as Summer Driving Season Starts

HOUSTON — With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot…

U.K. Announces Windfall Tax on Oil and Gas Profits

LONDON — The British government said it would use a windfall profits tax on oil and gas companies…

Why Has the CPI Inflation Calculation Changed Over Time?

Consumer prices are increasing at the fastest clip in about 40 years, climbing 8.3 percent in April compared…

Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

Before war ravaged Yemen, Walid Al-Ahdal did not worry about feeding his children. At his hometown near the…

Artists of Color and Women Soar at Christie’s ‘21st Century’ Sale

While the usual suspects continue to command the highest prices at auction — as evidenced by Monday night’s…