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A Gulfstream G-IV private jet on approach to Washington’s Reagan National Airport in Arlington, Virginia, June 12, 2024. J. David Ake | Getty Images As the Iran war pushes jet fuel prices higher, well-heeled travelers are facing hefty surcharges to fly private, sometimes on flights booked months prior, charter brokers and aviation insiders told CNBC. […]
JetBlue is hiking its baggage fees to counter higher fuel costs sparked by the Iran war – potentially a taste of things to come from major US airlines as the cost of oil soars above $100 a barrel. Airlines have been charging hundreds more for tickets as the conflict disrupts global energy supplies, since fuel […]
The head of an iconic Philadelphia cheesesteak restaurant says he may be forced to raise the price of his $13.49 sandwich — a prospect that could alienate his loyal customers who could be asked to bear the burden of soaring beef prices. “I really hate to do that,” Ken Silver, the president of Jim’s South […]
For decades, a little-known nonprofit organization has played a central role in keeping the lights on for 65 million people in the Eastern United States. Even some governors and lawmakers acknowledge that they were not fully aware of how much influence the organization, PJM, has on the cost and reliability of energy in 13 states. […]
US companies rushing to import their goods from China before the 90-day reprieve on stiff tariffs expires will be socked with an unexpected spike in shipping fees – leading to higher prices on store shelves, The Post has learned. Major carriers, including Hapag-Lloyd, announced plans to increase shipping rates for a 40-foot container between China […]
Mattel Inc., the maker of Barbie dolls, Hot Wheels cars and other popular toys, said Monday that it would have to raise prices for some products sold in the US “where necessary” to offset higher costs related to President Trump’s tariffs. The El Segundo, California-based company said the increases are necessary even though it is speeding up […]
President Trump and Elon Musk promised taxpayers big savings, maybe even a “DOGE dividend” check in their mailboxes, when the Department of Government Efficiency was let loose on the federal government. Now, as he prepares to step back from his presidential assignment to cut bureaucratic fat, Mr. Musk has said without providing details that DOGE […]
President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods. Shoppers buying clothes from retailers in China may soon pay more than twice as much, now that a special exemption for lower-value imports is disappearing. And companies involved in international trade […]
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug Administration, that would eliminate duplicative services and paper pushers. But in interviews with more than a dozen current and former F.D.A. staff members, a different picture emerged of the far-reaching effects of the layoffs that would ultimately […]
Shana Novak | Stone | Getty Images President Donald Trump’s steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise health-care costs for patients and threaten cash-strapped generic drugmakers, some drug trade groups warn. Trump on Saturday announced he would impose a 25% tariff on nearly all goods shipped […]
