Category: Prices (Fares, Fees and Rates)

5.25%

The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.
Stocks Drop as Jobs Report Shakes Market

A weaker-than-expected jobs report added to investors’ worries about the economy. Stocks fell sharply, and Treasury yields declined in expectation of a Federal Reserve rate cut.
Fed Will Scour Jobs Report for Signs of Weakness

Central bankers are preparing to cut interest rates, and are warily monitoring job data as they consider when and how much to lower them.
D.O.T’.s Proposal to Let Families Fly Together for Free: What to Know

A new federal policy would require airlines to seat families together on flights, without incurring any extra fees.
What to Watch as the Fed Meets on Wednesday

The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later this year.
Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.

Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.
Germans Combat Climate Change With D.I.Y. Solar Panels

Plug-and-play solar panels are popping up in yards and on balcony railings across Germany, driven by bargain prices and looser regulations.
Fed’s Preferred Inflation Number Cooled Overall in June

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
Southwest Airlines Will End Its Longstanding Open-Seating Policy

The airline said it was scrapping its trademark, 50-year tradition of offering open seating, where passengers choose seats once they have boarded the plane.
To Deter Day-Trippers, Venice Tested a €5 Entrance Fee. Did Visitors Stay Away?

The mayor said preliminary data suggested that the experiment was a success. But the program brought in far more money than predicted, which critics called proof of failure.
Landlords Raise Rents Based on RealPage Software, Suits Say

Antitrust cases contend that use of RealPage’s algorithm, which lets property owners share private data, amounts to collusion.
Biden Administration’s Rent Cap Proposal Reignites Housing Policy Debate

A proposal to make landlords’ tax breaks contingent on rent limits has drawn industry pushback, progressive applause and some alternative approaches.