The “Marvel” of Prices on Display in New York City’s Streets
New York City’s experience with congestion pricing, even if imperfectly structured, is a testament to spontaneous order—a real-world experiment showing the “marvel” of prices, as F. A. Hayek described it.
Chips and cookies have gotten too expensive. Shoppers are buying less | CNN Business
Americans are cutting back on Doritos, Goldfish and Hostess cakes. It’s not for their health, however – it’s a sign that even small indulgences have gotten too expensive for many to afford.
The average 16-ounce bag of potato chips has gotten 29% more expensive since 2021, while overall grocery prices have risen 23%, according to government data.
Tropicana is in big financial trouble | CNN Business
Florida is being blasted with stronger hurricanes than ever before. A prolific disease carried by insects continues to devastate orange groves. And, on top of all that, consumers are watching their sugar intake. It’s all adding up to a disaster for Tropicana orange juice.
Tesla sold almost 60% fewer cars in Germany in January than in the year-earlier period, as the U.S. electric vehicle maker faces a test of popularity amid headline-grabbing political involvement by its billionaire CEO Elon Musk.
Cattle Gallstones, Worth Twice as Much as Gold, Drive a Global Smuggling Frenzy
A prized ingredient in China’s multibillion-dollar industry for traditional medicine, gallstones have become the must-have item among underground traders and armed robbers in Brazil.
“This is the most devastating wave of the bird flu” since it first entered the US three years ago, Karyn Rispoli, an egg-price analyst with Expana, said.
U.S. wine sales continued a multiyear decline in 2024, which experts attribute to shifting demographics, health concerns, new competition and economic forces.