Investors and the White House will pore over the latest Consumer Price Index report for clues on prices — and potential interest rate cuts.
Category: Prices (Fares, Fees and Rates)
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J&J, Merck and Bristol Myers Squibb CEOs Will Testify at Senate Hearing on Drug Prices
The top executives of three major companies are set to appear on Thursday before a Senate panel led by Mr. Sanders, who has made lowering drug costs a signature issue.
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China Deflation Alarms Raised by Falling Prices for Food and Cars
In addition to consumer price declines in January, wholesale prices fell last month, and have been down in every month since October 2022.
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How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
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Could This Be the Most Expensive Super Bowl Ever?
Thinking of a splurge to see the big game in Las Vegas this weekend? You’ll be competing with billionaires who are going to “have trouble parking their planes.”
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Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.
Economic shocks over two decades, combined with reliance on volatile casinos, have undermined confidence despite an economy that’s bustling.
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What’s Behind a $10 Chicken Over Rice From a Cart? An $18,000 Permit.
Blame rising costs, shrunken crowds and a black-market permit trade. Chicken over rice costs $10 at the Halal Plates, a cart in Lower Manhattan, up from $6 prepandemic.
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Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates
Federal Reserve officials are debating when to lower rates. An interview with Jerome H. Powell confirms a move is coming, but not immediately.
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Medicare Recipients Can Save on Drugs in 2024
Federal law set caps on some spending for seniors who are enrolled in Part D prescription drug plans. Those paying for high-cost medicines will benefit.
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Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
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The Economy Looks Sunny, a Potential Gain for Biden
Recession fears have eased. Growth and job gains are beating expectations. Inflation is cooling. Consumers are happier. The president is waiting to benefit.