Thursday, January 20th, 2022

Tag: prices

Peloton is hiking prices because of inflation

Beginning January 31, customers will be required to pay $250 for delivery and setup for Peloton’s $1,495 bike — a service that the company previously included in the price. Customers buying Peloton’s Tread treadmills...

Prices are soaring. How high can they go?

We know the causes: worker and product shortages have resulted in pandemic-era price hikes for such goods such as used cars, as well as strong consumer demand. Now, the Federal Reserve has come down...

Ikea is raising prices by 9% in 2022

Ikea said prices at its stores will increase by an average of 9% around the world to help offset significant transportation and raw material costs incurred by Ingka Group, which owns and operates most...

Inflation: Why prices will keep soaring in 2022

Prices have climbed so high it will take some time for them to come back down to earth. In other words, the uncomfortable inflation numbers of 2021 will likely stay with us well into...

Bitcoin and ether prices drop sharply

Bitcoin and ether are the two most prominent cryptocurrencies. Jaap Arriens | NurPhoto | Getty Images Bitcoin prices dropped sharply in the early morning hours ET Saturday, plunging more than 10% to a low...

How much does it cost to charter a flight? New flyers share prices

Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have a different problem of their hands: keeping up with demand. Private aviation company VistaJet...

omicron Covid, China factory activity, oil prices

SINGAPORE — Australian stocks were muted in Wednesday morning trade following an overnight tumble stateside as investors continued to assess the impact of the recently discovered omicron Covid variant. The S&P/ASX 200 was little...

Chinese factory activity data for November, oil prices

SINGAPORE — Shares in Asia-Pacific mostly rose in Tuesday trade as Japanese stocks led gains regionally, with investors reacting to the release of Chinese factory activity data for November. Japan’s Nikkei 225 gained 1.26%...

German central bank warns of overblown property prices

Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those...

U.S., other nations will tap Strategic Petroleum Reserve as gas prices hover around 7-year high

President Joe Biden said Tuesday that the administration will tap the Strategic Petroleum Reserve as part of a global effort from energy-consuming nations to calm 2021’s rapid rise in fuel prices. The coordinated release...