Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
Category: Prices (Fares, Fees and Rates)
How Trump’s Immigration Plans Could Affect the Economy
Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
Walmart Holiday Shopping Plans Are Laid Months Before Black Friday
To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.
Have Paychecks Kept Up With the Cost of Living?
On average, wages have risen faster than prices in recent years. But not all Americans are getting ahead.
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
The Powerful Companies Driving Local Drugstores Out of Business
The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
Inflation Expected to Cool in September C.P.I. Report
The Consumer Price Index is moderating, but September’s report contained both good and bad news for policymakers.
As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.