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Yesterday — 21 December 2024Main stream

Egg Prices Jump Before Holidays as Bird Flu Spreads

21 December 2024 at 18:02
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.

© Spencer Platt/Getty Images

Egg prices climbed 8.2 percent in November, and the average wholesale price is up more than 150 percent from a year ago.
Before yesterdayMain stream

Hidden ‘Junk’ Fees Must Be Disclosed, F.T.C. Rule Says

20 December 2024 at 02:10
Hotels, short-term rentals and event ticket-sellers must advertise the full price of their offerings under the rule, which is supposed to go into effect in the coming year. Here’s what to know.

© George Rose/Getty Images

The rule could make prices in some tourist hot spots like Las Vegas seem higher, because rooms there are often advertised without the additional mandatory fees. But the F.T.C. says it will let consumers make better comparisons.

Where Does a ‘Remarkable’ U.S. Economy Go From Here?

19 December 2024 at 18:03
America’s economy is far outstripping its peers, but there are serious risks, including from the president-elect.

© Jacquelyn Martin/Associated Press

Jerome H. Powell, the Federal Reserve chair, on Wednesday. “It’s very premature to try to make any kind of conclusion” about policies in the next administration, he said.

Starbucks’ China Problem: Coffee Drinkers Want More for Less

For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.

© Jessica Lee/EPA, via Shutterstock

People in front of a Starbucks in Beijing in September. When the chain opened in China in 1999, no one else was really selling coffee.

Starbucks’ China Problem: Coffee Drinkers Want More for Less

For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

12 November 2024 at 18:04
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
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