Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve officials wary.
Category: Prices (Fares, Fees and Rates)
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Exxon Acquires Pioneer Natural Resources for $60 Billion
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.
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The Latest on Resort Fees
Hotel ‘junk fees’ are becoming an increasingly annoying part of the travel experience. New proposals before Congress take aim at them.
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Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
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Oil Prices Jump on Fighting in Israel and Gaza
After flirting with $100 a barrel this summer, crude prices had fallen significantly in the past week on the expectation that demand was waning.
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Interested in an Electric Vehicle? Consider Buying Used.
The prices of used battery-powered models have fallen sharply, as the supply of cars and trucks has improved.
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Drug Makers Agree to Negotiate With Medicare on Prices of 10 Medications
The pharmaceutical companies said they would begin talks even as several of them were suing the Biden administration over a new law authorizing the negotiations.
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How a Pricing Change Led to a Revolt by Unity’s Video Game Developers
In an industry where customers are slow to trust and quick to criticize, a new fee from Unity infuriated studios that use its platform.
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Inflation Measure Favored by the Fed Cooled in August
The Personal Consumption Expenditures Index climbed more slowly, after cutting out food and fuel prices for a sense of the underlying trend.
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Eurozone Inflation Rate Drops to 4.3 Percent
Prices rose at the slowest rate since before the Ukraine war, as inflation in fuel and food eased.