TotalNews Logo

CHOOSE LANGUAGE

Subscribe
TotalNews Logo

Tag: prices

98% of California fast food restaurants hiked prices in response to minimum wage

A staggering 98% of California fast-food restaurants have raised menu prices in response to the state’s new $20-an-hour minimum wage law, and nearly 90% have cut employee hours, according to a new study. The study, by the Employment Policy Institute, a fiscally conservative nonprofit think tank, surveyed 182 fast-food restaurant owners across California about the […]

Disney hikes streaming prices for Hulu, Disney+ and ESPN+

Disney announced on Tuesday that it would again raise prices for its popular streaming services, Disney+, Hulu and ESPN+, in an effort to encourage consumers to buy bundles. Starting in mid-October, most Disney+, Hulu, and ESPN+ plans will increase in price by $1 to $2 per month, and Hulu’s most expensive plan, which includes live […]

Oil prices see volatile day amid stock selloff, Iran fears

Oil prices swung wildly on Monday, hit by a mix of conflicting factors: a drop caused by a broad stock market sell-off and a rise caused by fears of possible Iranian retaliation against Israel. Brent crude, the world’s main price benchmark, fell to a low of $76.05 in the morning before fluctuating throughout the day […]

Lawmakers’ Airbnb war leaves sky-high rent prices untouched

Politicians unwilling to pursue radical structural reforms to solve large, complex problems often settle for boring proposals that are only half-clever. These proposals usually involve complex plans, are often “supported” by opaque but detailed data, and studiously avoid root causes. Politicians who advocate such proposals benefit from appearing to be actively working to solve the […]

FTC to probe stubbornly high grocery prices

Federal Trade Commission (FTC) Chair Lina Khan said on Thursday that the FTC will investigate high grocery prices in the US because supermarket chains are making “enormous profits.” Clan Leader Jointly noted In a public meeting between the FTC and the Department of Justice (DOJ), it was reported that grocery prices “have skyrocketed during the […]

Oil prices jump as tensions in Middle East spike

Oil prices rose on Wednesday as an Israeli air strike appeared to kill a Hamas leader inside Iran, raising fears of a new conflict in the Middle East. West Texas Crude Oil Prices soared Prices rose more than $3 a barrel on Wednesday to about $78, up more than 4 percent. Hamas leader Ismail Haniyeh […]

Washington, DC sues StubHub, accuses the resale platform of inflating ticket prices with deceptive fees

The Washington, D.C. attorney general filed a lawsuit against ticket resale platform StubHub on Wednesday, accusing the company of advertising deceptively low prices and then inflating prices with surcharges. Attorney General Brian Schwalb said the practice, known as “drip pricing,” violates the nation’s consumer protection laws. “StubHub purposely hides the true prices in order to […]

Home prices reach record high as affordability crisis worsens

Home prices hit a record high in May as the housing shortage continues and high mortgage rates continue to put housing out of reach for millions of Americans. The S&P CoreLogic Case-Shiller index showed Tuesday that national inflation rose 5.9% year-over-year in May, down from 6.4% the previous month. On a monthly basis, prices rose […]