Automakers have been hampered by the supply of semiconductors and higher interest rates.
Category: Prices (Fares, Fees and Rates)
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
The New York Times – Business: -
Natural Gas Prices in Europe Fall to Pre-Invasion Levels
The New York Times – Business:Warm weather, alternatives to Russian gas and a buildup of storage all help. But prices remain high for consumers and industry.
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Russia’s War on Ukraine Worsens Global Starvation
The New York Times – Business:Moscow blocks most shipments from Ukraine, one of the world’s largest wheat producers, and its attacks on the country’s energy grid also disrupt the flow of food.
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Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The New York Times – Business:The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
The New York Times – Business:Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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Biden Administration to Buy Three Million Barrels of Oil
The New York Times – Business:The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.
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Retail Sales Fell in November, Despite Black Friday
The New York Times – Business:With food and gas prices still high, U.S. shoppers were more reluctant to spend on more discretionary items as the holiday shopping season arrived.
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How to Avoid Buyer’s Remorse (Yes, You Can Do It)
The New York Times – Business:Ever experienced buyer’s remorse? Of course you have. But there are ways to prevent it.
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The Federal Reserve signals more to come even as it slows rate increases.
The New York Times – Business:Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected
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Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
The New York Times – Business:Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.
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Federal Reserve to Slow Rate Increases and Offer Hints at Future
The New York Times – Business:Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.
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Inflation Cooled Notably in November, Good News for the Fed
The New York Times – Business:Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.