The normally unstoppable force of two veteran money reporters hit the immovable object of wretched industry conditions. Living in Brooklyn didn’t help.
Category: Prices (Fares, Fees and Rates)
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OpenAI Is Growing Fast and Burning Through Piles of Money
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
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Biden Officials Stave Off Sticker Shock on Medicare Drug Premiums
Federal regulators spent billions of dollars to avoid a spike in costs for older Americans that could have been politically damaging to the presidential campaign of Vice President Kamala Harris.
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The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.
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Southwest Airlines Lays Out Changes and New Offerings
The move came after the hedge fund Elliott Management, which has more than 10 percent of the airline’s shares, called for cost containment and better profits.
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An East Coast Port Strike Could Shake the Economy
Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin Oct. 1 if negotiations don’t yield a new contract.
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F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
The case takes aim at the major pharmacy benefit managers, agency officials said, claiming that they favored more expensive insulin products and forced patients to pay more.
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Is It Better to Buy or Lease a Car? It Depends.
The lowest overall cost is to buy a car and keep it for a long time. But leasing usually has lower monthly costs. And leasing an E.V. may come with a tax break.
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After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
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How to Avoid Cancellations on Short-Term Rentals
A family reserved an eight-night Vrbo in the U.S. Virgin Islands, but the owner canceled the day before the trip. Finding a comparable place was stressful and cost over $4,000 more; Vrbo wouldn’t make up the full difference.
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Why Foldable Smartphones Are Worth Considering
New devices from Motorola and Google prove that phones with bendable screens keep getting better — and some are even becoming cheaper.
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A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race