Category: Prices (Fares, Fees and Rates)

Jerome Powell Is Popular. His War on Inflation Could Change That.

The New York Times – Business:
Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly

The New York Times – Business:
The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.
Exxon and Chevron Rack Up Giant Profits

The New York Times – Business:
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
Ford Lost Money in the Third Quarter as Costs Surged

The New York Times – Business:
The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
GM Reports Increased Profits in Third Quarter Amid High Inflation

The New York Times – Business:
General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Coca-Cola Earnings Report Shows Company Raising Prices, Pushing Profits Higher

The New York Times – Business:
The soft drink giant’s latest quarterly earnings defied worries about consumer cutbacks amid rising inflation and fragile economic growth.
G.M. Reports Jump in Profit on Strong Sales

The New York Times – Business:
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Why Natural Gas Prices in Europe Are Plunging

The New York Times – Business:
A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices — for now.
Why the Price of Gas Has Such Power Over Us

The New York Times – Business:
“When prices go up, we have this feeling of oppression that we can’t do everything we want.”
Tesla Cuts Prices in China in Sign of Slowing Demand

The New York Times – Business:
Shares of the company slumped as investors worried about increasing competition.
Relentless Rise in Interest Rates Looms Over Another Volatile Week for Markets

The New York Times – Business:
The 10-year U.S. Treasury yield, which underpins everything from mortgages to credit cards, was on course to rise for a twelfth consecutive week, matching the longest streak since 1984.