As Lumber Prices Fall, the Threat of Inflation Loses Its Bite

Costs soared partly because of do-it-yourselfers’ spending stimulus checks, but a month of declines show that consumers aren’t about to trigger runaway increases.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #prices-fares-fees-and-rates, #stimulus-economic, #united-states-economy, #wood-and-wood-products

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Add Boats to the List of What’s Hard to Find (and More Expensive)

Sales and charters of boats of all sizes are up this summer. You can forget about bargaining, brokers say.

#boats-and-boating, #content-type-service, #coronavirus-2019-ncov, #luxury-goods-and-services, #personal-finances, #prices-fares-fees-and-rates

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The Fed Meets as Economic Data Offers Surprises and Mixed Signals

The central bank will release its policy statement on Wednesday, followed by a news conference with Chair Jerome H. Powell.

#consumer-price-index, #federal-reserve-system, #government-bonds, #inflation-economics, #interest-rates, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #united-states-economy

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Here’s Why Uber Prices Are Soaring and You Can’t Find a Cab

The number of drivers and for-hire cars on the streets plunged during the pandemic, frustrating those seeking rides as the city starts to recover.

#car-services-and-livery-cabs, #coronavirus-2019-ncov, #cotton-rick, #laguardia-airport-queens-ny, #new-york-city, #new-york-taxi-workers-alliance, #port-authority-of-new-york-and-new-jersey, #prices-fares-fees-and-rates, #shortages, #taxicabs-and-taxicab-drivers, #uber-technologies-inc, #wages-and-salaries

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Bitcoin’s Many Flaws

Its value is volatile. Its users aren’t as anonymous as they think. It might be a threat to the environment. And it could be exacerbating inequality.

#bitcoin-currency, #brookings-institution, #colonial-pipeline-co, #computers-and-the-internet, #dogecoin-project, #extortion-and-blackmail, #musk-elon, #prices-fares-fees-and-rates, #virtual-currency

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Consider the $34 Lobster Roll

The pandemic has exacerbated a price spike in the iconic New England summer sandwich.

#bangor-daily-news, #fishing-commercial, #lobsters, #prices-fares-fees-and-rates, #reds-eats, #restaurants, #seafood, #summer-season, #travel-and-vacations, #wiscasset-me

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May 2021 Consumer Price Index Shows Fastest Inflation Since 2008

The Consumer Price Index showed the strongest year-over-year reading since 2008, and a core index popped the most since 1992.

#consumer-price-index, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #powell-jerome-h, #prices-fares-fees-and-rates, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Government Warns Doctors and Insurers: Don’t Bill for Covid Vaccines

Such billing has been rare, but public concern about it may be contributing to hesitancy about getting the shot.

#coronavirus-2019-ncov, #health-insurance-and-managed-care, #prices-fares-fees-and-rates, #vaccination-and-immunization

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On Medicare and Need Dental Work? Beware a Big Bill.

The traditional version doesn’t cover dental, vision or hearing care. Advocates hope for change under a Biden proposal.

#biden-joseph-r-jr, #ears-and-hearing, #eyes-and-eyesight, #health-affairs-journal, #health-insurance-and-managed-care, #medicaid, #medicare, #prices-fares-fees-and-rates, #teeth-and-dentistry, #united-states-politics-and-government

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Stuart Weitzman’s Treasures Set Records at Sotheby’s

The proceeds from Stuart Weitzman’s “Inverted Jennies,” a 1933 gold piece known as the double eagle and the One-Cent Magenta stamp will go to charitable ventures.

#auctions, #collectors-and-collections, #double-eagle, #inverted-jenny, #numismatics, #one-cent-magenta, #prices-fares-fees-and-rates, #rubenstein-david-m, #sothebys, #stamps-postal, #stanley-gibbons-ltd, #weitzman-stuart

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MoviePass Deceived Users So They’d Use It Less, F.T.C. Says

Federal regulators detailed tactics the company, which settled accusations against it, used to try to make its most active users go to the movies less.

#advertising-and-marketing, #computer-security, #consumer-protection, #federal-trade-commission, #frauds-and-swindling, #helios-and-matheson-analytics-inc, #mobile-applications, #moviepass-inc, #movies, #prices-fares-fees-and-rates

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China Moves to Tame Inflation Before Prices Rise Too Much

Rising costs at its factories could trickle out into the rest of the world economy.

#china, #consumer-behavior, #currency, #economic-conditions-and-trends, #factories-and-manufacturing, #inflation-economics, #international-trade-and-world-market, #prices-fares-fees-and-rates, #renminbi-currency, #stockpiling, #united-states-economy, #us-dollar-currency

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Farewell, Millennial Lifestyle Subsidy

The price for Ubers, scooters and Airbnb rentals is going up as tech companies aim for profitability.

#airbnb, #car-services-and-livery-cabs, #delivery-services, #luxury-goods-and-services, #mobile-applications, #motorcycles-motor-bikes-and-motorscooters, #prices-fares-fees-and-rates, #venture-capital

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How to Track the United States’ Economic Recovery

The ebbing of the pandemic has brought price increases, supply bottlenecks and labor shortages. Key indicators will show whether it’s just a stage.

#consumer-behavior, #consumer-price-index, #coronavirus-2019-ncov, #inflation-economics, #interest-rates, #labor-and-jobs, #part-time-employment, #prices-fares-fees-and-rates, #unemployment, #united-states-economy, #wages-and-salaries

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Here Are The 5 Ways to Track the United States’ Economic Recovery

The ebbing of the pandemic has brought price increases, supply bottlenecks and labor shortages. Key indicators will show whether it’s just a stage.

#consumer-behavior, #consumer-price-index, #coronavirus-2019-ncov, #inflation-economics, #interest-rates, #labor-and-jobs, #part-time-employment, #prices-fares-fees-and-rates, #unemployment, #united-states-economy, #wages-and-salaries

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A Rural-Urban Broadband Divide, but Not the One You Think Of

Many more people in cities lack broadband access than in rural areas, but lawmakers are primarily focused on extending high-speed access to remote areas.

#american-jobs-plan-2021, #biden-joseph-r-jr, #computers-and-the-internet, #federal-communications-commission, #fiber-optics, #local-government, #poverty, #prices-fares-fees-and-rates, #rural-areas, #rural-utilities-service, #telephones-and-telecommunications, #united-states, #united-states-politics-and-government, #urban-areas, #welfare-us

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The Covid Vaccine Is Free, but Not Everyone Believes That

Concern over unexpected bills was one of the reasons given by survey respondents for hesitation about getting the shot.

#coronavirus-2019-ncov, #health-insurance-and-managed-care, #prices-fares-fees-and-rates, #vaccination-and-immunization

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Uber and Lyft Surges: What to Know

The companies say they are charging extra because they don’t have enough drivers to match rebounding customer demand.

#car-services-and-livery-cabs, #computers-and-the-internet, #coronavirus-2019-ncov, #labor-and-jobs, #lyft-inc, #mobile-applications, #motivation-and-incentive-programs, #prices-fares-fees-and-rates, #uber-technologies-inc, #unemployment-insurance, #wages-and-salaries

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Just in Time for Pool Season: A Chlorine Shortage

A fire at a chemical plant and a pandemic-driven boom in the construction of backyard pools are the causes of a nationwide shortage of chlorine tablets, experts say. Panic buying could make it worse.

#coronavirus-2019-ncov, #factories-and-manufacturing, #hurricane-laura-2020, #lake-charles-la, #prices-fares-fees-and-rates, #quarantine-life-and-culture, #stockpiling, #summer-season, #swimming, #swimming-pools, #united-states

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Postal Service, Facing Steep Losses, Seeks to Increase Prices

Under the proposal, the price of a first-class stamp would increase for the first time since January 2019, to 58 cents from 55 cents.

#dejoy-louis, #letters, #postal-regulatory-commission, #postal-service-us, #postal-service-and-post-offices, #prices-fares-fees-and-rates, #stamps-postal

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Apple’s Fortnite Trial Ends With Pointed Questions and a Toast to Popeyes

A decision over the antitrust suit filed by Epic Games, and the future of the $100 billion market for iPhone apps, is now in the hands of a federal judge.

#antitrust-laws-and-competition-issues, #apple-inc, #computer-and-video-games, #cook-timothy-d, #decisions-and-verdicts, #epic-games, #games, #gonzalez-rogers-yvonne-1965, #iphone, #mobile-applications, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #sweeney-tim-1970

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Pakistan’s Private Vaccinations Draw Criticism

An inoculation push, plagued with limited supplies and red tape, makes doses available to those who can pay for them. In a country with a struggling economy, most can’t.

#cansino-biologics, #china-national-pharmaceutical-group-corp-sinopharm, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #hospitals, #income-inequality, #international-trade-and-world-market, #pakistan, #politics-and-government, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #vaccination-and-immunization

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Defying Critics, Biden and Federal Reserve Insist Economic Recovery Remains on Track

Confidence from the White House runs counter to warnings from Republicans, some investors and even a few liberal economists.

#biden-joseph-r-jr, #democratic-party, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #polls-and-public-opinion, #prices-fares-fees-and-rates, #republican-party, #united-states-economy, #united-states-politics-and-government, #wages-and-salaries

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Big Hospital Chains Get Covid Aid, and Buy Up Competitors

The pandemic barely dented the financial outlook for some major networks, which continued to acquire weaker hospitals and ailing doctors’ practices. Critics worry consolidation leads to higher prices for medical care.

#american-hospital-assn, #antitrust-laws-and-competition-issues, #biden-joseph-r-jr, #cedars-sinai-medical-center, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-aid-us, #health-and-human-services-department, #health-insurance-and-managed-care, #hospitals, #klobuchar-amy, #mergers-acquisitions-and-divestitures, #new-york-university-langone-health, #porter-katie-1974, #prices-fares-fees-and-rates, #rand-corp, #senate, #your-feed-healthcare

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First They Fought the Virus. Now They Battle the Medical Bills.

Insurers and Congress wrote rules to protect coronavirus patients, but the bills came anyway, leaving some mired in debt.

#coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #health-insurance-and-managed-care, #prices-fares-fees-and-rates, #united-states

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Is It Time to Panic About Inflation? Ask These 5 Questions First.

Focus on exactly how and why prices are changing over time, and how these shifts might affect you.

#content-type-service, #economics-theory-and-philosophy, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #united-states-economy, #wages-and-salaries

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Fed Bets Inflation Expectations Will Stay Controlled

Federal Reserve officials believe low and stable price expectations give them room to heal the job market. But what if outlooks change?

#federal-reserve-system, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #quantitative-easing, #recession-and-depression, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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How to Navigate a Hot Housing Market

Competition for homes in many cities is leading potential buyers to take steps they may not have considered a short time ago, including waiving the inspection.

#content-type-service, #mortgages, #national-assn-of-realtors, #personal-finances, #prices-fares-fees-and-rates, #quarantine-life-and-culture, #real-estate-and-housing-residential, #real-estate-brokers, #realtor-com, #united-states

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India’s Black Market Preys on Desperate Covid-19 Victims

As the health care system fails, clandestine markets have emerged for drugs, oxygen, hospital beds and funeral services. Fake goods may be putting lives at risk.

#coronavirus-2019-ncov, #disease-rates, #frauds-and-swindling, #funerals-and-memorials, #hospitals, #india, #new-delhi-india, #oxygen, #price-gouging, #prices-fares-fees-and-rates, #remdesivir-drug, #social-media, #stockpiling, #uttar-pradesh-state-india

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Inflation Is Here. What Now?

Prices are rising fast, in ways that seem temporary, yet this could change expectations in ways that are self-reinforcing.

#inflation-economics, #prices-fares-fees-and-rates, #shortages, #united-states-economy, #used-cars

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Colonial Pipeline Resumes Operation: Latest News on the Shutdown

The company that operates the pipeline said it will take several days before the supply of energy returns to normal.

#airlines-and-airplanes, #colonial-pipeline-co, #darkside-hacking-group, #oil-petroleum-and-gasoline, #pipelines, #prices-fares-fees-and-rates

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Inflation News: Consumer Prices Jump in April as Investors Worry

The increase in the Consumer Price Index was well above forecasts. A top Fed official struck a watchful tone but said ‘it’s just one data point.’

#consumer-price-index, #federal-reserve-system, #inflation-economics, #prices-fares-fees-and-rates, #stocks-and-bonds, #united-states-economy

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Consumer Prices Jump in April as Investors Worried About Inflation

The increase in the Consumer Price Index was well above forecasts. A top Fed official struck a watchful tone but said ‘it’s just one data point.’

#consumer-price-index, #federal-reserve-system, #inflation-economics, #prices-fares-fees-and-rates, #stocks-and-bonds, #united-states-economy

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Musicians Say Streaming Doesn’t Pay. Can the Industry Change?

Services like Spotify and Apple Music pulled the business back from the brink. But artists say they can’t make a living. And their complaints are getting louder.

#apple-music, #audio-recordings-downloads-and-streaming, #music, #prices-fares-fees-and-rates, #royalties, #shah-nadine, #soundcloud, #spotify, #tidal-aspiro-ab

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Pipeline Shutdown Has Had Little Impact on Supplies So Far

But some energy warned of possible shortages and higher prices if the suspension continues into the week.

#colonial-pipeline-co, #cyberattacks-and-hackers, #east-coast-us, #georgia, #gulf-coast-us, #kinder-morgan-inc, #natural-gas, #oil-petroleum-and-gasoline, #pipelines, #prices-fares-fees-and-rates, #refineries

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India’s Serum Institute Struggled to Meet Its Covid-19 Vows

The Serum Institute vowed to protect the country from Covid-19 and inoculate the world’s poor, but India’s crisis has pushed it past its limits.

#coronavirus-2019-ncov, #factories-and-manufacturing, #india, #modi-narendra, #politics-and-government, #poonawalla-adar-1981, #prices-fares-fees-and-rates, #serum-institute-of-india, #third-world-and-developing-countries, #vaccination-and-immunization

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Beware of Car Towing Companies That Patrol Private Parking Lots

Your car may have been towed for legitimate reasons — you parked in a loading zone, for instance. But in some cases, you may have been the victim of a towing company looking to earn fees.

#consumer-protection, #content-type-service, #parking, #parking-garages-and-lots, #prices-fares-fees-and-rates, #united-states, #us-pirg

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Widespread Commodity Shortages Raise Inflation Fears

For products as diverse as lumber and microchips, price increases are filtering through the economy.

#automobiles, #biden-joseph-r-jr, #commodities, #computer-chips, #inflation-economics, #international-trade-and-world-market, #prices-fares-fees-and-rates, #shortages, #united-states-economy

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Be It a $10 Wine, or Much More, the Judgments Come Free

Inexpensive wines can be just fine. They also illuminate the harsh opinions that some people seem to cherish about the preferences of others.

#chile, #content-type-service, #france, #italy, #prices-fares-fees-and-rates, #wines

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Consumer Goods Are Going to Get More Expensive

Retailers used to absorb much of the cost of goods when suppliers raised prices. Now, the difference is being passed on to shoppers.

#bureau-of-labor-statistics, #general-mills-inc, #inflation-economics, #kimberly-clark-corporation, #prices-fares-fees-and-rates, #proctergamble-co, #shopping-and-retail, #united-states-economy

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Tesla’s Latest Solar Stumble: Big Price Increases

The company is charging tens of thousands of dollars more to cover roofs with its much-anticipated solar shingles, angering some customers.

#electric-and-hybrid-vehicles, #electric-light-and-power, #musk-elon, #prices-fares-fees-and-rates, #reicher-dan-w, #roofs, #solar-energy, #solarcity-inc, #sunrun-inc, #tesla-motors-inc

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5 Things to Know About Booking a Summer Rental

Property owners, agencies and management companies are predicting a busy, if not outright bonkers, summer.

#airbnb, #airdna, #hotels-and-travel-lodgings, #marriott-international-inc, #prices-fares-fees-and-rates, #quarantine-life-and-culture, #renting-and-leasing-real-estate, #second-homes-and-non-primary-residences, #summer-season, #travel-and-vacations, #vrbo-com

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Krugman Wonks Out: The Case for Supercore Inflation

It’s going to be a year of bottlenecks and blips.

#american-rescue-plan-2021, #federal-reserve-system, #prices-fares-fees-and-rates, #recession-and-depression

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That Popular S.U.V. Is Going to Cost You

Demand plus production delays have tightened the supply of new models. That means fewer deals. The only good news? Your trade-in may get a better price.

#automobiles, #carvana-co, #consumer-federation-of-america, #consumer-reports, #content-type-service, #coronavirus-2019-ncov, #prices-fares-fees-and-rates, #sports-utility-vehicles-and-light-trucks, #truecar-inc, #used-cars

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It’s Not Just You: Many Are Placing Bets on Summer Travel

Airfare, typically purchased well in advance, can be a barometer of how the public is feeling about the pace of recovery, and summer fares are surging.

#airlines-and-airplanes, #coronavirus-2019-ncov, #prices-fares-fees-and-rates, #travel-and-vacations, #vaccination-and-immunization

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Consumer prices rose faster than expected in March.

Year-over-year percent changes were expected to jump because price indexes dropped sharply a year ago.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #prices-fares-fees-and-rates, #united-states-economy

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How Not to Get Fooled by the New Inflation Numbers

Today’s data reflects backward-looking information, which is not necessarily a sign of what’s ahead.

#consumer-price-index, #coronavirus-2019-ncov, #inflation-economics, #prices-fares-fees-and-rates, #united-states-economy

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Why We’re Freaking Out About Substack

A company that makes it easy to charge for newsletters has captivated an anxious industry because it embodies larger forces and contradictions.

#blogs-and-blogging-internet, #bustle-digital-group, #e-mail, #news-and-news-media, #newsletters, #prices-fares-fees-and-rates, #social-media, #substack-inc, #writing-and-writers

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The Sandwich Economics of the Masters and Augusta National

Experts say $1.50 pimento cheese sandwiches are not just about hospitality. Instead, they are a low-cost way to cultivate one of the biggest brands in American sports.

#augusta-ga, #augusta-national-golf-club, #golf, #local-food, #masters-golf-tournament, #payne-billy, #prices-fares-fees-and-rates, #sandwiches, #stadiums-and-arenas

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Help! I Want to Go to Europe in August. Is This a Pipe Dream?

Much of the continent remains closed to Americans because of the virus, but many travelers want to visit this summer. Will their plans materialize?

#content-type-service, #delta-air-lines-inc, #europe, #four-seasons-hotels-ltd, #great-britain, #hilton-worldwide-holdings-inc, #icelandair, #italy, #lisbon-portugal, #oliver-wyman-group, #prices-fares-fees-and-rates, #quarantine-life-and-culture, #travel-and-vacations, #travel-warnings

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