The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
Category: Prices (Fares, Fees and Rates)
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Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business: -
Stocks Sink and Oil Dips After Trump Delays Threat to Bomb Iran
The New York Times – Business:President Trump said on Thursday he would delay an imminent deadline to begin attacking Iran’s power grid.
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Theater Tickets Are Cheaper in London Than New York. What Gives?
The New York Times – Business:For half the price of a great seat at a Broadway show, you can see “Paddington” in the West End (if you can find a ticket) and snack on a marmalade sandwich.
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Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
The New York Times – Business:Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.
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U.S. Accuses NewYork-Presbyterian of Reaching Deals That Kept Costs High
The New York Times – Business:The Justice Department sued the large New York health system, saying it restricted insurance companies from offering patients cheaper options.
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Europe Heads for Another Energy Shock in a Vulnerable State
The New York Times – Business:The region’s stores of natural gas are running at the lowest level in years, and filling them up is increasingly daunting as the U.S.-led war in Iran pushes up prices.
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War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says
The New York Times – Business:Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
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Help! Budget Charged Me $595 for Returning a Car a Few Hours Early.
The New York Times – Business:An American who rented a vehicle for a two-week European vacation brought it back to the airport a bit ahead of schedule. Why did the price almost double?
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Oil Prices Go Higher and Global Stocks Fall
The New York Times – Business:Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation.
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Asia Is Getting Crushed Between Oil Prices and the Dollar
The New York Times – Business:From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
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As Gas Prices Spike, California Is Hit Hardest
The New York Times – Business:A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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Can Flights Get Any Worse? Travelers Deal With TSA Lines, High Ticket Prices and Anxiety.
The New York Times – Business:Travelers are waiting hours at security checkpoints, paying top dollar for tickets and worrying about safety after a deadly crash at LaGuardia.