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“Disney World fans rip the $625 price tag at Victoria & Albert’s restaurant” Disney World guests blasted the theme park for jacking up the prices at its most expensive restaurant — where the tab can run as high as $625 per person for a four-hour, 10-course meal. Located at the Orlando, Fla.-based amusement park’s Grand…
“Disney World fans say theme park ‘has lost its magic’” Disney World fans say the Orlando, Fla.-based theme park has “lost its magic” due to soaring ticket prices, according to a new study. The majority of respondents from a survey, which was conducted by gambling website Time2play, griped that a Disney World vacation is too…
“Disney CEO says price hikes may hit Disney World, Disneyland” Disney World and Disneyland customers may soon be getting hit with another round of price hikes, according to Disney CEO Bob Chapek. After raising prices across Disney’s streaming services, including Disney+, Hulu and ESPN+, Chapek told CNBC that price hikes will likely hit the Mouse…
“Disney World prices up 3,871% in 50 years — more than wages, rent and gas” The Happiest Place on Earth may also be the priciest. The tab for admission tickets to the Disney World and Disneyland theme parks has jumped more than 3,871% in the past 50 years — dwarfing increases in visitors’ wages, as…
“Walmart warns of lower profit due to food, gas inflation” Walmart on Monday lowered its profit outlook for the second quarter and the full year, citing surging inflation on basics like food that is forcing shoppers to cut back on discretionary items, particularly clothing, that carry higher profit margins. That behavior is forcing the nation’s…
“Disney to hike price of ESPN+ by 43%” Disney plans to pole-vault the price of leading sports cable channel ESPN’s streaming service, according to a new report. Beginning Aug. 23, ESPN+ will cost $9.99 a month or $99.99 per year — a 43% hike from its current price tag of $6.99 a month or $69.99…
“Biden’s denials on the economy assure Americans more pain down the road” In a fresh sign that inflation won’t abate soon, the Producer Price Index, which logs business costs, soared 10.8% over last year — close to the record high set in 1981. Those increases mean yet higher future prices for consumers. Even President Joe…
“Inflation causes NYC restaurant prices to soar” Hey, big spender. New Yorkers who love to dine out are reeling from the latest affront — huge price hikes for standard dishes with no “luxury” ingredients such as foie gras or truffles in sight. Roast chicken for $40. Halibut for $50. Pasta dishes starting at a whopping…
“US producer prices soar 10.8% in May as cost of gas spikes” US producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. Tuesday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches…
“Top economist Mohamed El-Erian says most inflation ‘could have been avoided’ if Federal Reserve acted earlier” Most of the current record high inflation could have been avoided had the Federal Reserve acted earlier and shown humility after it wrongly described inflation as “transitory,” economist Mohamed El-Erian said Sunday. El-Erian, chief economic advisor at Allianz, appeared…