Tag Archives: prices

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 St., a Philadelphia institution known …

Homebuilders cut prices, bring on supply; profits plunge back to earth. Medicine this overpriced housing market needs.  By Wolf Richter for WOLF STREET. New single-family homes for sale at all stages of construction spiked to 511,000 homes in June, the highest since October 2007, when inventory was falling during the Housing Bust as homebuilders, struggling to stay alive, were cutting back construction. Prices …

Dive Brief: Capacity prices in the PJM Interconnection’s latest capacity auction hit a $329.17/MW-day price cap across its region, up 22% from a year ago for most of PJM, the grid operator said Tuesday. PJM expects the increase to record-high capacity prices for the 12-month period that starts in June 2026 could lead to 1.5% to 5% bill increases for some …

U.S. Homes Are Not Selling, and Prices Continue to Rise  The New York Times June home sales drop as prices hit a record high  CNBC U.S. home sales fade in June as national median sales price hits an all-time high of $435,300  NBC News US existing home sales dip to 9-month low on high costs  Yahoo Finance US existing home sales hit nine-month low …

Here’s the good news: The Hershey Co. says it’s not raising prices for Halloween candy this year. But here’s the bad news: Hershey and other chocolate makers are continuing to hike prices, saying a volatile cocoa market gives them no choice. Hershey, the maker of Reese’s, Whoppers, barkThins and other chocolate candies, said Wednesday that it will be raising U.S. …

NEW YORK — Your Kit Kat bar and Reese’s Peanut Butter Cups are officially getting pricier. Hershey told its retail partners it is raising prices by a percentage in the “lower double-digit range” over what its chocolate products cost over the past couple years, a company spokesperson confirmed to CNN. The culprit: high cocoa prices. Bloomberg first reported the increase. …

Hasbro has seen toy prices creep higher, and they should keep rising this year  MarketWatch Hasbro beats second-quarter expectations as gaming division offsets tariff-fueled toy slump  CNBC Hasbro’s Q2 Packs a Punch With Magic Surge Amid Toy Slump  The Toy Book Hasbro Softens Dire Tariff Forecast, Touts New Projects As Q2 Buoyed By Magic: The Gathering  Deadline Final Fantasy Drives 23% Increase in Magic …

Home Sales Fall as Prices Hit Record High. Mortgage Rates Are Keeping the Market Stuck.  Barron’s June home sales drop as prices hit a record high  CNBC US existing home sales dip to 9-month low on high costs  Yahoo Finance NAR Existing-Home Sales Report Shows 2.7% Decrease in June  National Association of REALTORS® US home sales fade in June as prices soar to record …

Home Sales Fall as Prices Hit Record High. Mortgage Rates Are Keeping the Market Stuck.  Barron’s June home sales drop as prices hit a record high  CNBC US existing home sales dip to 9-month low on high costs  Yahoo Finance NAR Existing-Home Sales Report Shows 2.7% Decrease in June  National Association of REALTORS® US home sales fade in June as prices soar to record …

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors said Wednesday. Sales …