Latest in Rising Costs
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U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - 5d -
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Childcare bosses fear for future amid rising costs
Costs at one nursery are up 40% in recent years, and it faces an annual shortfall of over £30,000.BBC News - 5d -
"Pharmacy deserts" on the rise amid U.S. drugstore closures
Across the U.S., at least 7,000 pharmacies have closed since 2019. Of those, roughly half were independent drugstores.CBS News - 6d -
What we know about Musk's cost-cutting mission
Elon Musk and Vivek Ramaswamy are on Capitol Hill to discuss their new advisory body. So what will it do?BBC News - 6d -
Power Rankings: Bucks bounce back, Rockets rise in the West
Our insiders break down this week's ranks as the in-season tournament enters the knockout rounds.ESPN - 6d -
Conor McGregor ordered to pay Nikita Hand's legal costs
The MMA star was found liable in a civil case taken by Ms Hand who had accused him of raping her.BBC News - 6d -
Conor McGregor ordered to pay Nikhita Hand’s €1.5m costs in civil rape case
Ruling comes on top of damages fighter was ordered to pay last month after a jury found he had assaulted Hand in a Dublin hotel. The Irish mixed martial arts fighter Conor McGregor has been ordered ...The Guardian - 6d -
Conor McGregor ordered to pay Nikita Hand’s €1.5m costs in civil rape case
Ruling comes on top of damages fighter was ordered to pay last month after a jury found he had assaulted Hand in a Dublin hotel. The Irish mixed martial arts fighter Conor McGregor has been ordered ...The Guardian - 6d -
Some bargain gifts on Temu come at the cost of quality
When NBC News tried out six products from the low-cost retailer that resembled name-brand counterparts, only half performed as expected.NBC News - 6d -
French bond risk premium dips and stocks rise after government falls
French assets were taking the government’s fall in their stride early Thursday, though the extra cost Paris must pay to borrow remained close to 12-year peaks.MarketWatch - 6d -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - 6d -
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Vodafone boss says prices won't rise after Three 'mega-merger'
The deal, which creates the UK's biggest mobile network, has had to overcome competition concerns.BBC News - 6d -
Chipotle Mexican Grill Ups Prices as Ingredients Costs Grow
Chipotle cites rising cost of items like beef and avocados for the inflated prices.Inc. - Dec. 4 -
India-Bangladesh relations sour as tensions rise over attacks on Hindu minority
Allegations of violence against Hindus prompt mass protests in India and attack on Bangladeshi consulate. Growing tensions between India and Bangladesh have erupted amid accusations of attacks on ...The Guardian - Dec. 5 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - Dec. 4 -
Lioncode launches test for ‘bullet heaven’ game Wildkeepers Rising
Lioncode Games announced a public alpha playtest for Wildkeepers Rising, an upcoming "bullet heaven" game set to debut in the spring of 2025.VentureBeat - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - Dec. 4 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
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Cooper Flagg Is on a Different Level. But the Competition Is Rising.
The Duke basketball phenom remains at the head of the class, but a flashy point guard from B.Y.U. is gaining attention.The New York Times - Dec. 4 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2