As the race for autonomy heats up, data shows Google’s Waymo costs more than Uber and Lyft
It’s another nail in the millennial lifestyle subsidy coffin....
Supply/Demand/Prices
Trump’s Unrealistic Demand that Walmart ‘Eat the Tariffs’ - FEE
Recently, a post from President Trump on Truth Social went viral. An attempt to convince retail giant Walmart to keep prices down despite the tariffs, it read:
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.
AT&T kills home Internet service in NY over law requiring $15 or $20 plans
AT&T pulls 5G home Internet from New York to protest state affordability law.
For most, congestion pricing in New York is working
There’s less traffic in the Big Apple.
3 Detroit lots were closed for allegedly seeking $1K for Lions parking. Then a judge got involved
City officials ordered three downtown parking lots closed for allegedly charging $999 per parking spot during Saturday's Detroit Lions playoff game.
US sues Pepsi over exclusive discounts to Walmart
(Reuters) -The U.S. Federal Trade Commission sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart. The practices fed high consumer prices by placing at a disadvantage other retailers, from large grocery chains to independent convenience stores, the FTC said. "PepsiCo strongly disputes the FTC's allegations, and the partisan manner in which the suit was filed," the company said in a statement.
Egg prices may soon ‘flirt with record highs,' supplier says. Here's why
Egg prices are spiking again due to a bird flu outbreak and high consumer demand.
2023-SFA-0954-G.pdf
Australia to ban ‘dodgy’ dynamic pricing after Green Day furore
Labor government looks to tighten consumer laws ahead of election
Disneyland is getting more expensive, again
The real Mouse-heads might not care...
Disney prices just went up again. Here’s how to get a discount | CNN
Disneyland fans woke up Wednesday morning to find about a 6% price increase on most park tickets and a price increase between 6% to 20% on annual passes, known as Magic Keys, for Disney’s original resort in California.
FTC gets 'troubling reports' of price gouging for essentials ahead of Hurricane Milton
As Hurricane Milton approaches landfall in the U.S., the Biden administration is warning consumers of the risk of fraud and price gouging.
Sen. Elizabeth Warren and Rep. Madeleine Dean demand food and beverage CEOs put a stop to 'shrinkflation'
In letters sent to General Mills, Coca-Cola and PepsiCo, the lawmakers asked the corporations to end their “pattern of profiteering.”
Here we go again. Egg prices are spiking. Here’s why | CNN Business
Supermarket prices are no longer skyrocketing – except, of course, if you’re buying eggs.
How economical is your local Taco Bell?
This site shows the price of a taco at every Taco Bell in the US. Updated a few hours ago.
Companies love dynamic pricing... customers not so much
UK music fans are the latest group to complain about the practice...
We Asked: “How Do You Price Your Wine List?”
Sommeliers and wine professionals at top New York City restaurants like The Four Horsemen and Claud share how they price their wine lists.
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StubHub is sued over “drip pricing” as regulators crack down on sneaky fees
6-minute countdown… to snag Billy Joel tix. Yesterday, the Washington, DC, attorney general sued ticketing heavyweight StubHub over its pricing...
US FTC looking into targeted pricing based on personal data
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.
Your data may be driving the prices you pay
Federal regulators are conducting a fact-finding mission to determine how companies use technology to target individual consumers with higher prices.
The Economics of a Martini at 5 Top Bars, Visualized
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.
Postage is going up again. You should care, even if you don’t send mail | CNN Business
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.
Higher costs and low base fares send Delta's profit down 29%. The airline still earned $1.31 billion
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.
How the $17 Desk Salad Won
As food prices surge, fast casual has somehow landed in the sweet spot between expensive fast food and bloated restaurants.
Why Are Fast Food Prices So High? - FEE
Fast food prices are high because demand for fast food remains really high, despite those higher prices.
Here’s how much profit McDonald’s makes on its new $5 meal
The margins are tight, but there’s still a profit to be made on the offer, according to restaurant-industry experts
Walmart to bring electronic shelf labels to thousands of stores
The retailer expects to deploy the technology to 2,300 locations by 2026 in a bid to improve efficiency and customer service.
An Economic Perspective on Service Fees
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.