Latest in Prices Leading Consumers
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Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - Jan. 13 -
LA officials warn of price gouging as those displaced by fire seek housing
County sheriff says anyone who tries to scam the thousands of people looking for accommodations will be prosecuted. Wildfires live updates Los Angeles authorities are warning against scams and ...The Guardian - Jan. 13 -
Los Angeles area wildfire evacuees face price gouging
Forced to evacuate their homes amid perilous wildfires, Los Angeles residents now face price gouging while trying to find places to live.CBS News - Jan. 12 -
'Arteta paying price for not curing glaring Arsenal weakness'
Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.BBC News - Jan. 12 -
New York City's congestion pricing picks up speed
The first congestion pricing plan in the U.S. has begun, charging most drivers $9 a day to enter the lower half of Manhattan. The long-debated plan is projected to raise up to $800 million a year ...CBS News - Jan. 12 -
Officials warn against price gouging, looting amid Los Angeles wildfires
California Attorney General Rob Bonta warned of bad actors who seek to use the trauma and chaos created by the wildfires in California for their own gain.CBS News - Jan. 11 -
What Will Manhattan Congestion Pricing Do to Restaurants?
Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.The New York Times - Jan. 11 -
New Yorkers Have Little Data but Big Feelings About Congestion Pricing
Manhattan commuters are already marveling at what appears to be less traffic — and grousing about the new $9 tolls.The New York Times - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Locals watched in disbelief, then horror, as flames consumed the Pacific Palisades
The largest wildfire to hit Los Angeles this week rapidly tore through homes and communities, whipped by winds that sent embers skyward.NBC News - Jan. 11 -
The best tech showcased at the 2025 Consumer Electronics Show in Las Vegas
The annual Consumer Electronics Show in Las Vegas is coming to an end on Saturday. Editor-in-chief of CNET, Adam Auriemma, joins "The Daily Report" to break down the top products of the show ...CBS News - Jan. 10 -
As Wildfire Flames Consume Architectural Gems, a Hit to ‘Old California’
The historic ranch house of Will Rogers and an important residence by Ray Kappe were destroyed by the fires, which threaten L.A.’s spectacular design legacy.The New York Times - Jan. 10 -
California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.The New York Times - Jan. 10 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - Jan. 10 -
Price of resale tickets to be capped under plans to tackle touts
The government is suggesting a cap on the cost of resold tickets, potentially up to 30% on top of the original price.BBC News - Jan. 10 -
The Roller-Skating Economist You Can Thank for Congestion Pricing
Charging drivers to enter Lower Manhattan vindicates the lifelong mission of a Nobel laureate who, as it happened, died behind the wheel of a car.The New York Times - Jan. 10 -
Resold tickets prices set to be capped under UK tout crackdown
Ministers vow to stop resellers ‘fleecing the public’ after fan outcry over cost of Oasis concertsFinancial Times - Jan. 10 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
Shadow The Hedgehog Build-A-Bears Are Getting Scalped For Ridiculous Prices
From the moment that Shadow the Hedgehog appeared in the first trailer for Sonic the Hedgehog 3 , it seemed obvious that Sega's antihero was going to be the sequel's breakout character. But few ...GameSpot - Jan. 8 -
The unanswerable question for the unproven, NBA-leading Cavs: Is this for real?
The Cavs have the best record, the best offense and are obliterating opponents. But here's why league insiders aren't yet sold on Cleveland as true title favorites.ESPN - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
New weather update as fires consume parts of Los Angeles County
Hurricane-force winds are still fanning embers that are spreading wildfires in parts of Los Angeles County. CBS News Bay Area meteorologist Jessica Burch has the latest weather forecast.CBS News - Jan. 8 -
Wicked leads acting awards race but Jolie snubbed
Jonathan Bailey, Cynthia Erivo and Ariana Grande are all recognised at the Oscars precursor.BBC News - Jan. 8 -
Here’s the real winter-storm effect on natural-gas prices and heating bills
The recent rally in natural-gas prices raised an alarm among consumers suffering from a cold snap in much of the U.S. this week — but when it comes to household spending on the heating fuel this ...MarketWatch - Jan. 8