prices Archives - Everett Post

iPhone 15 release set to promise upgrades at steeper prices, analysts say

Tuesday, September 12 by ABC News

(NEW YORK) -- Apple is set to release a new iPhone 15 model on Tuesday that delivers upgrades but also increased prices for some versions, analysts say. Fresh versions of the Apple Watch and AirPods are also expected to be unveiled.The company's latest smartphone... Read More.

Airfare prices plummet: Prepare to book holiday travel soon

Thursday, September 7 by ABC News

(NEW YORK) -- The cost of a plane ticket is plummeting: Experts say domestic airfare for the fall is down 29% from the summer."That's about $87 per ticket less expensive than trips taken in June, July, August -- the peak summer months," Haley Berg,... Read More.

When will gas prices stop rising? Experts weigh in

Wednesday, August 9 by ABC News

(NEW YORK) -- Drivers have enjoyed relief at the gas pump this summer compared with eye-popping prices a year ago, but an alarming trend has emerged in recent weeks: Prices are rising once again.Over the past month, the average price of a gallon of gas... Read More.

Fed raises interest rates 0.25%, intensifying inflation fight despite cooling prices

Wednesday, July 26 by ABC News

(WASHINGTON) -- The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a significant cooldown of price increases in recent months.The rate hike brought the Fed's benchmark interest rate to a 22-year high of between 5.25% and 5.5%.Inflation... Read More.

US officials blast Russia’s decision to exit Ukraine grain export deal as food prices jump

Monday, July 17 by ABC News

(WASHINGTON) -- After Russia announced it would end its participation in a critical deal that has allowed ships to safely export millions of tons of Ukrainian grain through the Black Sea, top Biden administration officials on Monday accused Moscow of weaponizing food.But even as they... Read More.

Inflation has plummeted but these prices are still soaring

Monday, July 17 by ABC News

(NEW YORK) -- A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end -- but the costs of some staple items continue to soar.Consumer prices rose 3% last month compared to a year ago, marking... Read More.

Italy’s government convenes talks amid skyrocketing pasta prices

Saturday, May 13 by ABC News

(ROME) -- Italy's government is on full alert following a national problem: skyrocketing Pasta prices.Italy's Minister of Enterprise and Made in Italy, Adolfo Urso, chaired an emergency meeting on Thursday, convening government officials, trade and consumer association representatives and distributors, for crisis talks to discuss... Read More.

Baked goods prices are rising much faster than overall inflation. Here’s why.

Wednesday, May 10 by ABC News

(NEW YORK) -- Customers at the bakery Nothing Bundt Cake, in Memphis, Tennessee, choose items from snickerdoodle, red velvet and blueberry bliss, among other flavors. But patrons cannot avoid the surging prices.Amy Lupo, who runs three Memphis-area company franchises, said a jump in the... Read More.

Consumers push back on higher prices amid inflation woes

Monday, May 8 by ABC News

(NEW YORK) -- McDonald's customers are more reluctant to add fries to their order, grocery shoppers are less willing to swallow the elevated price of Unilever mayonnaise and Target customers are balking at some high-priced items.Executives from each of these companies mentioned the respective... Read More.

Why stock prices are rising and what experts say comes next

Thursday, April 20 by ABC News

(NEW YORK) -- High inflation, interest rate hikes and recession worries pummeled stocks last year.The market has rebounded in 2023, though, even as each of those problems continues to vex the economy. Compounding those concerns, the banking sector underwent a crisis last month and a... Read More.

Fresh inflation data to show if prices continued cooling in March

Wednesday, April 12 by ABC News

(NEW YORK) -- Investors and consumers on Wednesday will closely watch the release of fresh inflation data, which will show whether price increases continued a months-long slowdown in March.The data release arrives less than a month after the Federal Reserve imposed the latest in... Read More.

How will OPEC+ oil cut impact US gas prices? Experts weigh in

Monday, April 3 by ABC News

(NEW YORK) -- A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for U.S. gas prices, industry analysts told ABC News.The alliance of countries known as OPEC+, led by Saudi Arabia and Russia, agreed on Sunday to cut... Read More.