Supply & Demand

Michigan business groups warned Wednesday the ruling could strike an "existential blow" to the state's restaurant and hospitality industry.

The U.S. Federal Trade Commission has launched a study of products that could allow companies to set different prices for consumers based on their locations, past purchases, and other personal data.

Federal regulators are conducting a fact-finding mission to determine how companies use technology to target individual consumers with higher prices.

McDonald's is extending the $5 value meal as rivals such as Burger King and Starbucks offer deals to entice diners and boost traffic.

The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.

Look out golf: Pickleball is coming for your corporate schmoozers.While golf courses have long been hailed as the premier venue for closing deals and wooing clients, a growing number are finding that pickleball saves them time and money — while being more inclusive and easier to play for newcomers…

There are several elements that determine the price of a Martini. Check out our cost breakdown on Martinis from five major U.S. cities here.

On Sunday, the cost of a stamp is going up for the second time this year, jumping 5 cents for first class postage to 73 cents. You probably didn’t notice.

Critics, however, believe private collectors are so preoccupied with whether or not they could that they didn’t stop to think if they should.

Americans are traveling in record numbers this summer, but Delta Air Lines says it saw second-quarter profit drop 29% due to higher costs and discounting of base-level fares across the industry.

As food prices surge, fast casual has somehow landed in the sweet spot between expensive fast food and bloated restaurants.

Fast food prices are high because demand for fast food remains really high, despite those higher prices.

Driscoll’s had to figure out how to breed, produce and sell its most flavorful strawberries and raspberries. Now the strategy is starting to bear fruit.

The sad desk salad won the lunch wars.

“Romantasy”—a genre that blends romance and fantasy, with plenty of steamy sex scenes—is the publishing phenomenon of the moment.

Turn your classroom into a digital marketplace. Breakeven is a real-time trading platform, designed for learning economics.

The margins are tight, but there’s still a profit to be made on the offer, according to restaurant-industry experts

McDonald’s rolls out its new value offering today, aiming to lure back cost-conscious customers who turned away from the chain amid increasing prices.

The retailer expects to deploy the technology to 2,300 locations by 2026 in a bid to improve efficiency and customer service.

When life gives you Lululemons… is one of the S&P 500’s worst-performing stocks this year (down nearly 40%), and investors are worried that...

(Bloomberg) -- In a room filled with more than 800 sugar traders, Sally Lyons Wyatt, an executive at consumer researcher Circana, had an important message to deliver: Ozempic is coming for your industry.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStocks Fluctuate at St

Service charges added to restaurant bills are a little different since they’re often applied in the context of some increased cost that the restaurant has incurred. So then why don’t restaurants just increase the prices of the dishes instead? Well, there’s some solid economic reasoning behind this growing trend.

Where have all the Teslas gone? Stored in parking lots, every one....

Digital surveillance and customer isolation are individualizing the prices we pay.

New York Governor Kathy Hochul announced Wednesday she is indefinitely delaying the implementation of congestion pricing in New York City’s borough of Manhattan just weeks before the plan was set to take effect, dealing a major blow to transportation advocates who have spent decades pushing for the deal and a win for several opponents of the plan who say the toll is a regressive tax on commuters.

How power, technology, and opportunity have come together to gouge consumers

Who's winning the battle for eyeballs?  Answer: Streaming has recently surpassed cable, with 38.4% of total TV consumption vs. 29.1% for cable Questions: When it comes to consuming TV, which method do you use most? Why?  Why do you think that streaming recently surpassed cable?  How many streaming services do you think are useful?  Do you think recent price increases from streaming services or their move to ad-supported models will impact their popularity? Why or why not?    Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.

The audio purveyor is raising prices again.

Why now? Every retailer wants to be seen as the ‘one’ that finally lowered prices.

As they upgrade to fiber-optic cable, telecommunications companies could recover as much as 800,000 metric tons of copper over the next decade.