The S&P 500 is on course for its fifth straight week of losses and its worst weekly losing streak in roughly four years.
Category: Prices (Fares, Fees and Rates)
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As Stocks Keep Falling, Investors Are Losing Patience With the War in Iran
The New York Times – Business: -
Global Food Supply Faces a Dangerous Bottleneck as Iran War Persists
The New York Times – Business:Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk.
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Spiking Diesel Prices Mean Everything Will Get More Expensive
The New York Times – Business:Diesel has climbed faster than gasoline this month, directly hitting businesses, from brewers to trucking companies. Those higher costs are likely to make their way into consumer prices.
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Many People Will Need Long-Term Care, but Most Don’t Have Insurance to Cover It
The New York Times – Business:Care for people who can’t take care of themselves is expensive, and regular health insurance doesn’t cover the cost.
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How the Iran War Is Costing the Economy Its Buffers
The New York Times – Business:As the U.S.-Israeli campaign enters a second month, analysts see a growing toll. One forecast predicts oil hitting $200 a barrel.
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Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business:The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
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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.