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State Farm asks California to approve rate hikes after wildfires

See what you are clicking on foxbussiness.com. California housing owners, which have already been devastated last month, can see that their insurance interest rates will rise by more than 20 % if they are covered on state farms. State farms, the largest private insurance company in California, are seeking a 22 % average rate from […]

Netflix shares at all-time high as investors cheer subscriber growth, price hikes

Netflix stock soared 13% on Wednesday, the most in history, after the streaming giant's big bet on sports added a record 18.9 million subscribers in the holiday quarter, extending its already sizable advantage over other players. The highest value was recorded. The company also announced price hikes in markets including the United States on Tuesday, […]

Costco executive warns of price hikes because of Trump tariffs

Costco executives have sounded the alarm about the potential impact of President-elect Donald Trump's proposed tariffs, warning that product prices would rise across the board. “When it rains, it rains for everyone,” Gary Millerchip, chief financial officer of the $447 billion retailer, told investors on an earnings call Thursday. “Of course, tariffs increase costs, which […]

UniCredit and Commerzbank square off with target hikes amid takeover battle – CNBC

The logo of the German bank Commerzbank seen on a branch near the Commerzbank Tower in Frankfurt. Daniel Roland | AFP | Getty Images Two months after UniCredit made its first move to woo German lenders Commerzbankfinancial institutions flaunted their financial strength as one of Europe's biggest banking mergers remains in the balance. Both banks […]

September CPI: What food items saw the largest price hikes and declines

Economist Steve Moore examines the U.S. economic outlook in “The Bottom Line.” American consumers continue to face challenges such as: rising inflation Although rising food prices continue to put pressure on household budgets, the pace of inflation is slowing. The Labor Department on Thursday released the Consumer Price Index (CPI) for September, a broad measure […]

Disneyland hikes ticket prices for ‘high-demand’ days

The Walt Disney Company will raise ticket prices at its two Southern California theme parks by about 6 percent on their busiest days. The company announced Wednesday that weekends and holidays, when Disneyland and California Adventure have the highest number of visitors, will see a 6.2% increase from $194 to $206 per day, effective immediately. […]