BERLIN—The Austrian government on Wednesday announced plans for a power price cap to curb the rise in energy costs tied to Russia’s war in Ukraine. Chancellor Karl Nehammer said the cap should ease costs for an average household of three by about 500 euros ($494) per year. The government will provide around 3–4 billion euros…
Cleansing Balms Versus Oils; Which One Works Best? | Cleansing 101
September 3, 2022
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Ready for the ultimate cleansing balm versus oil cleanser-off?! When it comes to finding our favorite cleansing balms or oils, which ones work better? And does price really matter? In part two of our cleansing series, we’ll be covering a huge variety of different oil cleansers and oil balms and discover their major benefits for…
US Gasoline Futures Fall to Pre-Ukraine Invasion Levels
HOUSTON—U.S. wholesale gasoline prices fell to their lowest levels since before Russia’s invasion of Ukraine on Wednesday, suggesting motorists in the world’s largest energy consumer will see lower pump prices in coming weeks. U.S. gasoline futures fell as low as $2.5899 per gallon on Wednesday, the lowest since Feb. 18, just before Moscow invaded Ukraine,…
Copper Price Trend Shows America Could Be Heading Toward Recession
Copper prices continue to drop on a weekly basis, suggesting that a recession could be looming. The metal is a major component in motors and electronics, and some economists have used it as a barometer to determine whether the economy is strong or not. But on the London Metal Exchange, copper dropped to $6,953 a ton….
Key Economic Bellwether Shows America Could Be Heading Toward Recession
Copper prices continue to drop on a weekly basis, suggesting that a recession could be looming. The metal is a major component in motors and electronics, and some economists have used it as a barometer to determine whether the economy is strong or not. But on the London Metal Exchange, copper dropped to $6,953 a ton….
Others May Reject Japan Proposal on Oil Price Cap, Kremlin Says
July 4, 2022
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MOSCOW—Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalized, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on reports that Japan’s Prime Minister Fumio Kishida had proposed a cap at around half the current price, Peskov said that other countries may disagree with that. “This…
Midwest Cities Among 50 Hardest Hit by Increased Used Car Prices
Buying a used car in the Midwest got a little more affordable in May over the previous month. The good news is that year-over-year price increases in used vehicles in May dropped seven percentage points from the year-over-year April price increases, from April’s 23.9 percent to May’s 16.9 percent. The bad news is a used…
Back to the Future: Progressives Imagine the Good Old Days of Price Controls
Commentary When the Bourbon dynasty was restored to power in France in the early 1800s, after Napoleon’s abdication, the French statesman Charles-Maurice de Talleyrand famously said of that family: “They had learned nothing and forgotten nothing.” In modern economic parlance, one can say the same thing about progressives, who once again are demanding price controls to “fight inflation.”…
Canadian Dairy Sales Expected to Stay Strong Despite Potential Price Hike: Saputo
Global dairy giant Saputo Inc. is confident demand for its products will remain strong in Canada despite efforts to increase farm gate milk prices for the second time this year. “Dairy continues to be, on a pound for pound basis of protein, still a value for the consumer,” Carl Colizza, Saputo president and chief operating…
Canadian Dairy Farmers Seek Second Milk Price Hike This Year, Citing Rising Costs
Milk prices in Canada could be going up for the second time in a year following a rare request by Dairy Farmers of Canada for a mid-year price hike due to inflation. Canadian dairy farmers are grappling with never-before-seen price increases on goods and services they need to produce milk, the industry lobby group said…
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