The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
Category: Prices (Fares, Fees and Rates)
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
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Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom
Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents.
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Has Japan’s ‘Rice Minister’ Brought Down Prices Enough to Save His Party?
Shinjiro Koizumi has scrambled to cut soaring rice prices ahead of a high-stakes election this weekend. Will it be enough to buoy support for the Liberal Democratic Party?
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Despite Dire Warnings, the Economy Is Holding Up. Can That Last?
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.
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Rising Inflation Underscores Risks in Trump’s New Tariff Threats
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
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Trump Administration Will Limit Medicare Spending on Pricey Bandages
In an about-face, the administration is cracking down on so-called skin substitutes, overused treatments that cost Medicare more than $10 billion last year.
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Trump Adds Tariff to Mexican Tomatoes
The increase to the price of a grocery store staple comes after the Trump administration withdrew from a nearly 30-year old trade agreement with Mexico.
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Bluffs and Bluster Aside, Trump’s Tariffs Are Here to Stay
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
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Tips For Travelers on Baggage Fees and Airline Credit Cards
We asked travel and credit card experts how to maximize value and save money when it comes to pesky luggage add-ons. Here’s what you need to know.