The I.M.F. projected world output would fall to 3 percent for the year, a number pushed down by high commodity prices.
Category: Prices (Fares, Fees and Rates)
-
Oil Prices Jump After Trump Says Deal With Iran Is ‘Over’
The New York Times – Business:Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
-
Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk
The New York Times – Business:Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
-
Gas Stations Gain When Oil Prices Start to Drop
The New York Times – Business:President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.
-
Ships Are Moving In and Out of the Persian Gulf, Easing Oil Prices
The New York Times – Business:A recovery in oil flows from the Persian Gulf and a pledge by OPEC Plus to pump more crude have put downward pressure on energy prices.
-
Why Some Banks Still Charge High Overdraft Fees
The New York Times – Business:Congress scrapped a rule last year that capped how much banks could charge if you spent more than was in your account. Now, banks’ revenue from the fees is rising.
-
Why One Global Shipping Choke Point Isn’t a Blueprint for Another
The New York Times – Business:The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast.
-
Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit
The New York Times – Business:The companies also agreed to donate more than 53 million eggs to food banks and nonprofits in 17 states that joined the federal government in the antitrust action.
-
Tesla Sales Surge as Sales Recover in Europe
The New York Times – Business:Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States.
-
Oil Prices Hold Steady as Iran and U.S. Prepare for Talks
The New York Times – Business:Iran and the United States were set for further talks after a spurt of hostilities had underscored the uncertainty surrounding attempts to strike a lasting peace deal.
-
How Warsh Has Begun to Change the Fed
The New York Times – Business:Just weeks into his job as chairman of the Federal Reserve, Kevin M. Warsh has embraced some of the central bank’s conventions while signaling seismic shifts ahead.
-
China Emerges as a Relative Winner From Strait of Hormuz Crisis
The New York Times – Business:A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position.