President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
Category: Prices (Fares, Fees and Rates)
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Paris Police Investigating $1.6 Million Wine Theft From Famed Restaurant
More than 80 bottles of rare wine were discovered to be missing from the cellar of a 400-year-old restaurant during a routine inventory check.
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U.S. Makes Initial Offers in Medicare Drug Price Negotiations
The offers amount to a starting gun in the price talks between the federal government and the makers of 10 prescription drugs that have been selected for negotiations.
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Biogen Abandons Its Controversial Alzheimer’s Drug Aduhelm
The pharmaceutical company will give up its ownership rights to the drug and stop a clinical trial that had been aimed at confirming whether it works.
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Apple’s Vision Pro Headset Costs Closer to $4,600 With Necessary Add-Ons
The new headset teaches a valuable lesson about the cost of tech products: The upsells and add-ons will get you.
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The Federal Reserve Meets Wednesday. Here’s What to Watch.
Officials are likely to keep interest rates unchanged at the conclusion of their January meeting. Here’s a look at what might come next.
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Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says
The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
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G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.
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Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
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PCE, a Key Inflation Measure, Cooled in December
Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month.
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile
The Federal Aviation Administration’s decision to limit Boeing’s production of 737 Max planes could hurt airlines that are struggling to buy enough new aircraft.
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Apple Overhauls App Store in Europe, in Response to New Digital Law
A new E.U. law taking effect in March forced Apple to loosen its grip on the App Store, changes it had long resisted.