Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
1970-01-01 08:00
Lionel Messi's signing sparks sharp rise in Inter Miami ticket prices
"Messi mania" has reached the United States, if ticket prices are any indication. On Wednesday, soccer superstar Lionel Messi said he's going to join the Major League Soccer club Inter Miami, a blockbuster announcement that shocked the sporting world.
1970-01-01 08:00
UK house prices post first annual drop since 2012, says Halifax
By Suban Abdulla LONDON (Reuters) -British house prices dropped on an annual basis in May for the first time in
1970-01-01 08:00
People are spending more on groceries. But they're buying less
The past few months of robust grocery store sales would suggest that shoppers aren't stretched for cash. But that's not the full story.
1970-01-01 08:00
Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
1970-01-01 08:00
Why one popular shoe brand is lowering prices in the face of inflation
As inflation continues to strain family budgets, forcing consumers to prioritize purchasing daily necessities over discretionary buys, popular footwear maker Keen is lowering prices on its products to provide some relief to weary consumers.
1970-01-01 08:00
Australian home prices climb for third straight month in May
SYDNEY Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating
1970-01-01 08:00
Elon Musk: Tesla boss on first China trip in over three years
The multi-billionaire has not yet publicly commented on the visit, which comes amid US-China tensions.
1970-01-01 08:00
US oil prices sink below $70 on debt ceiling jitters and Russia-Saudi tensions
US oil prices dropped below $70 a barrel Tuesday on concerns about whether the debt ceiling deal will make it through Congress and on reports of tensions between Saudi Arabia and Russia ahead of a key OPEC+ meeting.
1970-01-01 08:00
Singapore home prices surpass Hong Kong as APAC's most expensive - survey
HONG KONG Singapore's private home prices have surpassed Hong Kong as the most expensive in Asia Pacific in
1970-01-01 08:00
Ketchup inflation hits your weekend barbeque
Planning on squirting some ketchup on your hot dog at a barbecue this weekend? You may be seeing red. Inflation has caught up to ketchup.
1970-01-01 08:00
Monaco Grand Prix Ticket Prices: How much does it cost to get in?
Tickets to the Monaco Grand Prix are incredibly expensive.
1970-01-01 08:00