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.
Category: Prices (Fares, Fees and Rates)
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Saudi Aramco Reports Record Profit as Fossil Fuels Remain ‘Essential’
The New York Times – Business: -
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.
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Fed Chair Opens Door to Faster Rate Moves and a Higher Peak
The New York Times – Business:In light of recent strong data, Jerome H. Powell said that the Federal Reserve is likely to raise rates higher than expected.
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Movie Tickets Veer Away From One-Price-Fits-All
The New York Times – Movies:As the film business changes rapidly, multiplexes are experimenting with prices in ways that may seem shocking to theatergoers.
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Why Companies Are Pushing Premium Products With Higher Prices
The New York Times – Business:Companies are trying to maintain fat profits as the economy changes, making “premiumization” their new favorite buzzword.
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Tips on Buying Tickets the Next Time Your Favorite Singer Is in Town
The New York Times – Business:Our columnist thought she’d gotten a good deal on Bruce Springsteen tickets. But could she have gotten a better one? Here’s what she learned.
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Stocks Sink for Third Straight Week
The New York Times – Business:A turn in the market has eroded the sharp rally at the start of the year, as investors have fretted about recent signals suggesting a resurgence in inflation.
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Europe Has Weathered an Energy Crisis, for Now
The New York Times – Business:Worries about gas and oil supplies have greatly eased. But reverberations from the war in Ukraine continue to cloud longer-term forecasts.
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United Airlines Eases Family Seating After Call to Cut Fees
The New York Times – Business:The carrier said it had changed its booking system to make it easier for families traveling with children under 12 to sit together.
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Bitcoin Price Stages a Comeback, Hitting Six-Month High
The New York Times – Business:The cryptocurrency has soared to a six-month high as investors eagerly jump back into risky digital assets.