Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
Category: Prices (Fares, Fees and Rates)
-
Comcast Plans Streaming Bundle With Netflix, Apple TV+
The bundle, called StreamSaver, is the latest joint effort from entertainment companies looking to woo price-weary customers.
-
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.
-
What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.
-
An Inflation Test Looms Over the Economy and the Election
The pivotal Consumer Price Index report is set to be published on Wednesday as the window for interest-rate cuts before November is closing.
-
China’s Bullet Trains Are Raising Ticket Prices
The rare move by operators of the national rail network comes as part of a broader push in China to stem losses at subsidized public services.
-
Why Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.
-
Why Your Chocolate Fix Is About to Get More Expensive
Cocoa prices are going nuts, after a crop failure in West Africa was followed by a rush of investor speculation.
-
Why Your Chocolate Fix Is About to Get More Expensive
Cocoa prices are going nuts, after a crop failure in West Africa was followed by a rush of investor speculation.
-
Why Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.
-
Norfolk Southern Faces Activist Investor Challenge
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
-
How Much Money Did This Year’s Met Gala Raise?
Ticket prices to the event have sharply risen, making it a fund-raising bonanza for the Metropolitan Museum of Art’s Costume Institute.