Category: Prices (Fares, Fees and Rates)

In Surprise, OPEC Plus Announces Cut in Oil Production

The New York Times – Business:
The move is an apparent effort to boost prices. Still, its significance may be slight, especially if the global economy slows.
The Fed’s Preferred Inflation Gauge Cooled Notably in February

The New York Times – Business:
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned

The New York Times – Business:
Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.
A Federal Tool Could Soon Make It Easier to Compare Credit Cards

The New York Times – Business:
The Consumer Financial Protection Bureau, which already provides some card details, is asking banks for more information about who qualifies for which cards.
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.
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.
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.
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.
Falling Lithium Prices Are Making Electric Cars More Affordable

The New York Times – Business:
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
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.
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.
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.