Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
Category: Prices (Fares, Fees and Rates)
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Why N.Y.C. Hotel Rooms Are So Expensive Right Now
The average hotel room rate in the city is $301 a night, a record. A major reason: One of every five hotels is now a shelter, contributing to a shortage of tourist lodging.
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U.S. Sues to Break Up Ticketmaster Owner, Live Nation
Accused of violating antitrust laws, Live Nation Entertainment faces a fight that could reshape the multibillion-dollar live music industry.
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U.K. Inflation Falls to 2.3 Percent, Lowest in Three Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
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Renting or Buying Is Often Personal, but It’s Also Helpful to Look at the Numbers
The Upshot’s financial calculator has been updated with new features.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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Inflation Data Could Show Signs of Progress After Disappointing Run
The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.
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Inside the Rent Inflation Measure That Economics Nerds Love to Hate
The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.
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Why Is Car Insurance So Expensive?
Soaring premiums have become a prominent driver of inflation, and insurers say that more increases could be on the way. How did it get like this?