The chain’s chief executive credited its turnaround plan for improved U.S. same-store sales, but said higher gas and utility costs were a concern.
Category: Prices (Fares, Fees and Rates)
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What Is OPEC, and How Does the Oil Cartel Influence Petroleum Prices?
The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years.
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Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts
The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
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Oil Prices Jump Again as U.S.-Iran Talks Appear Deadlocked
Investors parsed reports that President Trump told advisers that he was not satisfied with Iran’s latest proposal to reopen the Strait of Hormuz.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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The Rise of the High-Range, Less Expensive E.V.
Even as the electric vehicle market slumps, there are more long-range E.V.s under $40,000 than ever before.
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The U.S. Started the War. The Rest of the World Is Feeling the Effects.
In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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For the Modern C.E.O., It’s All About Being ‘Resilient’
The ability to stay calm and lead through any kind of shock is the new normal for corporate executives.
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Muted Reaction as Oil and Stock Markets Reopen
Oil prices rose and stocks fell after President Trump called off a trip to Pakistan by two U.S. negotiators for peace talks with Iran.
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Thousands of EV Car Leases Are Ending Soon, Giving Buyers a More Affordable Option
The leases on hundreds of thousands of battery-powered cars and trucks will end in the next three years, and many will end up on used-car lots.
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How Jet Fuel Shortages Could Affect Summer Travel to Europe and Beyond
Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.