The Consumer Financial Protection Bureau, which already provides some card details, is asking banks for more information about who qualifies for which cards.
Category: Prices (Fares, Fees and Rates)
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California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts
The New York Times – Business:The state awarded a $50 million contract to produce less costly treatments, but moves by major suppliers might undercut the initiative before any new product emerges.
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Rising Rate of Drug Shortages Is Framed as a National Security Threat
The New York Times – Business:A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.
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How the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
The New York Times – Business:Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.
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U.K. Inflation Swings Upward, in a U-Turn
The New York Times – Business:Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.
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The Cure Says Ticketmaster Will Issue Refunds After Fee Complaints
The New York Times – Music:The band said it wanted to make its North American tour “affordable for all,” but after tickets went on sale this week, fans said that fees had ratcheted up the price.
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Sanofi Plans to Cut the Price of Insulin
The New York Times – Business:The company is the third of the three major insulin manufacturers that dominate the U.S. market to announce such a move this month.
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Novo Nordisk Says It Will Slash the Price of Insulin
The New York Times – Business:The company’s decision follows a similar move by its rival, Eli Lilly, this month.
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Saudi Aramco Reports Record Profit as Fossil Fuels Remain ‘Essential’
The New York Times – Business:Saudi Arabia’s national oil company earned $161 billion last year, a nearly 50 percent jump over 2021, and said demand for oil would continue.
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Jobs Report Gives Fed a Mixed Signal Ahead of March Decision
The New York Times – Business:The Federal Reserve is anxiously parsing incoming data as it decides between a small or a large rate move this month.
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Justice Department Sues to Block JetBlue’s Acquisition of Spirit
The New York Times – Travel:Antitrust regulators said the deal would reduce competition and raise fares. The companies claim it would allow them to better compete against the biggest U.S. airlines.
