The president, who had hoped to tout a growing economy on the campaign trail, has found it hard to break through as workers’ wages fail to keep up.
Category: Prices (Fares, Fees and Rates)
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Trump Says Economy Has ‘Public Relations’ Problem Amid High Prices and Slow Hiring
The New York Times – Business: -
Weight Loss Drugs Give Restaurants a New Hurdle: Diners Who Eat Less
The New York Times – Business:Fewer orders and higher costs are squeezing restaurants big and small as people on the weight-loss drugs eat and drink less when dining out.
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Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase
The New York Times – Business:The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.
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U.S. and Allies Agree to Release Diesel Reserves as Prices Soar
The New York Times – Business:The Group of 7, which includes Britain, France, Japan and others, announced the release of 100 million barrels over four months, effective immediately.
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As Gas Prices Rose, Sales of Larger Vehicles Slid
The New York Times – Business:Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.
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Pay Advance Apps May Be Costlier Than Workers Think
The New York Times – Business:The loans tide borrowers over until their next paycheck. The apps offer no-cost options, but most users end up paying high fees, a report finds.
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Tariffs Are Making Instruments So Expensive, School Music Programs Are at Risk
The New York Times – Business:When a single cello can cost $1,000 and a tuba $9,000, tariffs are straining meager band and orchestra budgets.
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Trump’s Threat to Ban Diesel Exports Sets Off Global Alarms
The New York Times – Business:A reduction in refineries has already driven the price of diesel to record highs, threatening economies. An U.S. export ban would be “tremendous shock and blow.”
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Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
The New York Times – Business:Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.
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Fed’s Preferred Inflation Gauge Points to Continued Price Pressures
The New York Times – Business:The Personal Consumption Expenditures price index showed little sign of easing in August.
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Tour Company Sues to Undo Trump’s Nonresident Fees at National Parks
The New York Times – Travel:An Arizona guide service challenged rules that force foreigners to pay a $100 surcharge to visit 11 national parks, saying that only Congress can change pricing.
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Tankers Are Loading Oil Again From a Vital Saudi Pipeline
The New York Times – Business:Saudi authorities had taken the pipeline offline this month after it was damaged in a drone attack by an Iranian-backed Iraqi militia.