Posts Tagged ‘prices’

Trader Joe’s Got Rid of Plastic Packaging And Produce Prices Fell By Up To 25%

John Vibes, Truth Theory Waking Times Trader Joe’s was one of the first chain grocery stores to begin selling organic food, but their products have not necessarily been eco-friendly. A vast amount of the produce that can be found at Trader Joe’s is needlessly covered in plastic, but that is about to change soon. The […]

Realistically, What’s Left To Power Asset Prices Higher?

Authored by Adam Taggart via PeakProsperity.com, Here we are again. The markets are within a few percentage points of their all-time highs, but just can’t seem to muster the momentum to break out above them. We saw similar conditions back in March/April and then again in July. Both times, the S&P dropped sharply after failing […]

Oil Prices Plunge On Reports Saudi Output Levels Normalized With 2-3 Weeks

WTI and Brent oil prices are plunging after Reuters headlines, quoting sources briefed on the matter, that Saudi oil output will return to normal quicker than initially thought. WTI  is back down to a $59 handle for now – so not entirely convinced… Brent is down 5% on the news as a “top Saudi source” […]

Bolton out, Iran in? Oil orices think so there’s a good reason oil prices tanked

Oil Price – There’s a good reason oil prices tanked on Tuesday (temporarily) and then continued to do so on Wednesday. Bolton has always been a warmonger, while Trump is a leveraged negotiator who may bring things to the brink of war but is not gunning for a conflict; rather for leverage in a high-stakes […]

OPEC Needs A Miracle To Push Prices Higher

Authored by Irina Slav via OilPrice.com, It’s not a secret: OPEC has painted itself into a corner by relying exclusively on supply control to be able to manipulate international oil prices in a way that is favorable for its members. Right now, prices are depressed and that has nothing to do with supply. Could OPEC’s […]

European Gas Prices Plunge To 10-Year Low

Authored by Tsvetana Paraskova via OilPrice.com, Natural gas prices in Europe are set to drop even lower than the current ten-year lows this fall. Storage facilities across the continent are fuller than usual for this time of the year. Natural gas suppliers are not expected to curb deliveries despite the low prices, abundant supply, and […]

IKCO appoints new CEO amid public outcry over prices

Iran’s leading carmaker Iran-Khodro Company (IKCO) has appointed a senior manager from the energy sector as its new CEO amid a public outcry over surging prices and low quality which prompted a government intervention. Abbas Ali-Abadi was announced as new IKCO chief on Monday, hours after Hashem Yekke-Zareh was removed from the post due […]

Why Gold Prices Are About to Skyrocket Even Higher

The gold bears have finally caved under the deafening barrage of fiscal and geopolitical catalysts, from Fed hints to intensely brewing conflict with Iran. But there is one key trend that stands to push gold up beyond $1,700–regardless of the day’s news. Of course, it’s difficult for the bears to ignore a nearly $50/ounce gain […]

Oil Prices Plunge After Surprise Crude, Gasoline Build

Oil prices have plunged overnight (back near 7-month lows) as global growth fears accelerate (despite a bigger than expected crude draw from API) as traders wait to see if official DOE data confirms the API print. “The bearish and deteriorating global macro situation seems to have the upper hand, pushing oil lower and lower,” said Bjarne […]

Drug prices are SKYROCKETING, and leftist judges won’t let Trump fix it because orange man bad

(Natural News) Long before Donald Trump was ever even a presidential prospect, it was leftist Democrats that claimed they would be the ones to reign in out-of-control drug prices. Well, that never happened, and now that President Trump is actually trying to get the job done, many of these same liberals are […]

As Wall Street Celebrates Rising Stock Prices, Companies Are Literally Shutting Down All Over America

By Michael Snyder How long can the stock market possibly stay completely disconnected from economic reality?  On Monday, the Dow Jones Industrial Average rose just 27 points, but that was good enough to push it to yet another new all-time record high.  Investors have been absolutely thrilled by the extremely impressive bull run that we […]

OPEC Fail: Oil Prices Plunge Despite Production-Cut Deal

As OPEC+ proudly announces it is extending its production cuts into 2020 (while desperately talking down US shale production), in a last-ditch attempt to support prices, the slew of dismal manufacturing data in the last 24 hours has sparked selling in oil. “Although a truce has been called between U.S. and China, global manufacturing is […]

Oil Prices Spike Most In 5 Months As US-Iran Tensions Soar

WTI and Brent prices spiked overnight on the headlines about a US drone being shot down by Iran, and just legged higher once again following Trump’s tweet warning that “Iran made a very big mistake.” “Geopolitics is helping oil bulls to make a spectacular come-back after a few days’ of directionless trading,” said Tamas Varga, an […]

‘First bullet’ fired in the Gulf will make oil prices jump above $100 – Tehran

US leaders will not go to war against Tehran if they care for the economic wellbeing of their country, Major General Yahya Rahim Safavi, aide and advisor to Iran’s Supreme Leader Ali Khamenei, told Fars News Agency. The first bullet fired in the Persian Gulf will push the oil prices well above $100. It will […]

Why Is The US Government Letting Big Pharma Charge Insane Prices On Patents The US Owns?

Pills, Image Source: Pixabay As we’ve discussed plenty of times in the past, when the federal government creates something that could be covered by copyright law, US copyright law requires it to be put into the public domain for the benefit of the public. I’ve never quite understood why the same is […]

New Home Sales Collapse In April As Median Prices Soar

Following the disappointment in existing home sales (down YoY for 14 months straight), the recent spike in new home sales was expected to slide 2.5% MoM in April, but instead it crashed back to reality, plunging 6.9% MoM (after an upward revision for March). YoY the recent spike has rolled over…   Pending- and New-home-sales […]

Big Pharma Companies Accused Of Conspiring To Inflate Prices Of Over 100 Generic Drugs By Up To 1000%

But as Techdirt has reported, for many years, Big Pharma companies around the world have been trying to renege on that deal with society. One of the main ways is through “pay for delay” schemes. A drug company holding an expired patent buys off manufacturers of generics so that it can continue to enjoy […]

44 States Sue Pharma Giants Over ‘Multi-Year Conspiracy’ to Hike Drug Prices by 1,000%

Jake Johnson, Common Dreams Waking Times A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation’s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent. “We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar […]

Leading US drug companies conspired to inflate prices of common medicines by up to 1,000%, prosecutors say

  U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA of orchestrating a sweeping scheme with 19 other drug companies to inflate drug prices — sometimes by more than 1,000% — and stifle competition for generic drugs, state prosecutors said on Saturday. Soaring drug prices from both branded and generic […]

Trump Suggests Big Pharma Lower Their Prices or Face Public Shaming on TV

President Trump has put pressure on Big Pharma companies to lower their drug prices or face being shamed on national television. The measures being put in place will make it a requirement for pharmaceutical companies to display drug prices on TV ads if they are overly expensive. Any pharmaceutical company selling a drug that costs over […]

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