Tag: Prices (Fares, Fees and Rates)

Marriott and Hilton Sued Over ‘Resort Fees,’ Long a Bane for Travelers

The hotel charges known as resort fees are again under scrutiny — this time, from state attorneys general. Travelers loathe the mandatory — and consumer watchdogs say, confusing — fees, which vary by location and by the services they purport to cover. Some hotels charge the fees for Wi-Fi and gym access, while others may […]

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What’s the Deal With That Inverted Yield Curve? A Sports Analogy Might Help

The financial world has been atwitter about the inversion of the yield curve. It is a phenomenon in the bond market in which longer-term interest rates fall below shorter-term interest rates, and has historically been a warning sign that a recession could be on the way. This all seems obvious to people who are steeped […]

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Colleges Are Cutting Tuition, but You May Not Pay Less

Sunshine Anderson was at Mills College’s annual welcoming ceremony in 2017 when the liberal arts college revealed its big news: It was slashing its tuition by more than a third. Elated, the history major, who is now a senior, immediately spread the word on Twitter and recalled thinking: “Oh, my God, this is going to […]

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Trump Plans More Tariffs for China. You’ll Feel This Round.

President Trump announced another wave of China tariffs this week, essentially saying he would impose a tax on nearly all $540 billion in Chinese goods that come into the United States in a year. And this batch could really bite. The administration carefully tailored previous rounds of tariffs to pinch businesses in ways that most […]

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Trump Administration Proposes Allowing Drug Imports for Cheaper Prescriptions

The Trump administration said on Wednesday that it was taking steps to make it easier for less expensive prescription drugs to be imported from other countries, particularly Canada, a move that has long been supported by progressives but has encountered fierce opposition from the pharmaceutical industry. Under the plan, the administration said it would propose […]

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Apple Reports Declining Profits and Slowing Growth, Again

Apple has long performed like clockwork, growing steadily and producing an ever-growing stream of profit. Not anymore. On Tuesday, the Silicon Valley behemoth said that its net income had fallen nearly 13 percent and that its revenue growth had slowed to 1 percent in the latest quarter, with iPhone sales continuing to decline and gains […]

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So Long, Swiping. The ‘Tap-and-Go’ Subway Is Here.

It can often feel like New York City’s subway is stuck in the Stone Age compared with systems in other cities across the world. Trains built in the 1960s still run on the subway tracks and parts of the signal system date back to before World War II. But perhaps one of the greatest symbols […]

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Amazon Wants to Rule the Grocery Aisles, and Not Just at Whole Foods

SEATTLE — In early 2017, a memo circulated inside Amazon that imagined an ambitious new grocery chain. The document was written like a news release, a common practice for ideas being weighed inside the company, with the title “Grocery Shopping for Everyone.” The new stores, the document envisioned, would have robust sections for produce, fresh […]

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Fed Poised to Cut Rates for First Time Since Financial Crisis, Ending an Era

WASHINGTON — The Federal Reserve this week will most likely cut interest rates for the first time since 2008, when the economy was mired in a deep recession, as the central bank tries to keep a record economic expansion from petering out. The expected change, while likely to be small, will end an era of […]

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A Guide to Picking the Right Phone Plan

It’s phone season! That’s when companies like Samsung, Apple and Google begin releasing new mobile devices. The phone makers all get busy doing so in about a month — which means it is also time to think about whether you need a new phone plan. Buying a new phone is an ideal time to consider […]

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Politicians Tackle Surprise Bills, but Not the Biggest Source of Them: Ambulances

ImageAmbulances parked in front of the Capitol in Washington.CreditErin Schaff for The New York Times After his son was hit by a car in San Francisco and taken away by ambulance, Karl Sporer was surprised to get a bill for $800. Mr. Sporer had health insurance, which paid for part of the ride. But the […]

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CBS Is Blacked Out for 6.5 Million AT&T Customers. Here’s Why.

CBS, the nation’s most-watched television network, went dark for more than 6.5 million AT&T customers early Saturday after the two companies couldn’t agree on a new contract. The network, with hits like “Big Brother,” was cut off from AT&T’s satellite service DirecTV as well as the landline-delivered U-verse and DirecTV Now, the live streaming product. […]

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President Trump Withdraws Plan to Eliminate Drug Price Rebates

The Trump administration has abandoned a centerpiece of its efforts to address high drug prices, backing away from requiring some discounts to be passed directly to consumers under Medicare that could have lowered their out-of-pocket costs. President Trump had announced the proposal with great fanfare in January as part of the administration’s efforts to deal […]

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Trump Dealt the Fed a Losing Hand. Now It’s Powell’s Play.

WASHINGTON — The Federal Reserve’s meeting this month was never going to be an easy one given that officials remain split over when — or whether — to cut interest rates. The last few weeks could set the Fed up for an even more difficult call. President Trump has put the Fed under a microscope, […]

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Detroit Festival Backtracks After Charging White People Double

A Detroit music festival that originally charged white people double the admission that it charged people of color has changed its pricing structure. The festival, Afrofuture Fest, initially charged people of color $20 and “non-POC” $40, according to the ticketing details on its Eventbrite page early Sunday. Now all tickets will be $20. The decision […]

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Florida, the Sunshine State, Is Slow to Adopt Rooftop Solar Power

ST. PETERSBURG, Fla. — Florida calls itself the Sunshine State. But when it comes to the use of solar power, it trails 19 states, including not-so-sunny Massachusetts, New Jersey, New York and Maryland. Solar experts and environmentalists blame the state’s utilities. The utilities have hindered potential rivals seeking to offer residential solar power. They have […]

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Sound, Fury and Prescription Drugs

Nothing typifies the failures of health care in the United States like prescription drugs. Americans pay more for their medications — including those developed in America, with taxpayer dollars — than residents of any other country in the world. So many patients are rationing or outright skipping essential medications that stories of people dying for […]

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Trump Suggests Executive Order on Drug Prices, With a Scope That Is Unclear

ImagePresident Trump on Friday. “Why should other nations like Canada — why should other nations pay much less than us?” he said of drug prices. CreditErin Schaff/The New York Times President Trump said Friday that the White House was writing an executive order to require pharmaceutical companies to offer the United States government among the lowest prices […]

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OPEC to Keep Propping Up Oil Prices by Extending Production Cuts Into ’20

VIENNA — OPEC nations on Monday agreed to continue their production cuts until early next year, papering over their differences in order to continue an effort that analysts say is propping up prices while demand for oil is weakening. The cuts, by the Organization of the Petroleum Exporting Countries, equal about 1.2 million barrels a […]

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