The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.
Category: Prices (Fares, Fees and Rates)
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Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.
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6 Mountains Where You Can Ski for $100 or Less
The average price of a single-day lift ticket at a destination ski resort in the U.S. is $250, but there are plenty of smaller areas where getting on the slopes is much cheaper.
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Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks
Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.
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Airlines and Senators Battle Over Added Fees for Checked Bags and Seating
At a congressional hearing on Wednesday, senators framed the tacked-on fees for passenger seats or bags as akin to extortion. Airline executives pushed back, saying they gave customers options.
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Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.
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Pete Buttigieg on Airlines, Passenger Protections and Travel Advice
The outgoing transportation secretary talks about his record of holding airlines accountable, what might come next and whether to check a bag. (No.)
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With Discounts on Offer, Shoppers Seem to Bite
Early data on online spending this week shows consumers are being drawn to discounts. A clearer picture of Black Friday sales, including in-store spending, will emerge in the days ahead.
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Drug Companies Face Hostility as They Hope for Allies Among Trump’s Health Picks
Robert F. Kennedy Jr. and other candidates for top health posts are at odds with the drug industry, setting the stage for tense battles over regulatory changes.
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Inflation concerns loom as Trumponomics revs up
Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.
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Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market stabilizing and signs of economic strength.
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How Trump Could Upend Electric Car Sales
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.