U.S. prosecutors said the settlement followed “a multiyear scheme to manipulate benchmarks used to set prices for oil at two of our country’s busiest ports.”
Tag: Prices (Fares, Fees and Rates)
Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia
Top economic officials are gathering this week to discuss how to keep pressure on Vladimir V. Putin without sinking their economies.
Protests Triggered by Rising Food Prices Spread in Iran
“They have no hope, they have no trust in the government and they can’t tolerate the status quo any more,” one Iran expert said of the protesters in at least six provinces.
Inflation Anger
Inflation is still high — and many Americans are upset.
Trade Barriers From the Ukraine War Are Sending Food Prices Higher
Dozens of countries have thrown up trade barriers in the past two months to protect scarce supplies of food and commodities, but experts say the policies will only exacerbate a global food crisis.
Inflation’s 40-Year High
We look at why prices might ease — and why they might not.
‘Cheap as Chips’ No Longer True in U.K. as Prices Soar for a Favorite Meal
The costs for fish and chips, a working-class staple in Britain for well over a century, have rocketed as the war in Ukraine has made the main ingredients scarcer. Of 10,000 shops, 3,000 may close.
$4 a Gallon
More expensive gas could have lasting consequences.
Mideast Feels the Pinch of Rising Food Prices as Ramadan Nears
Russia’s war on Ukraine has driven up the prices of staple foods and energy across the Middle East and North Africa ahead of the Muslim holy month of daytime fasting and nighttime feasting.
As Inflation Surges, Biden Targets Ocean Shipping
The president is targeting shipping companies that have jacked up prices during the pandemic, but critics say bigger economic forces are at work.