A new estimate puts the cost of dealing with robocalls, hidden fees and customer service chatbots that can’t solve most problems at $165 billion.
Category: Prices (Fares, Fees and Rates)
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The ‘Annoyance Economy’ Is More Than Just Annoying
The New York Times – Business: -
How the Iran War Is Affecting Inflation
The New York Times – Business:Ben Casselman, our chief economics correspondent, describes how the increase in prices as a result of the war in Iran is beginning to show up in the data, and what could come next.
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‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track
The New York Times – Business:When the world feels uncertain, spend the season of renewal taking charge of what you can control: your budget.
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Fallout of War Piles Economic Pain Onto Europe’s Political Stress
The New York Times – Business:Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
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European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut
The New York Times – Business:An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.
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U.S. Inflation Surged in March as Iran War Pushed Up Prices
The New York Times – Business:Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
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Iran War Drives Deeper Oil Shock Than Prices Reveal
The New York Times – Business:The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
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A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers
The New York Times – Business:The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in Iran.
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The Iran War Has Prompted Some Companies to Raise Prices
The New York Times – Business:Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices because of higher energy costs connected to the war in Iran.
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Europe Braces for a Spike in Inflation
The New York Times – Business:Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year.
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Consumer Spending, Engine of the U.S. Economy, Is Under Strain
The New York Times – Business:Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
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How Airlines Turned First-Class Seats From Freebies to a Profit Engine
The New York Times – Business:Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them.