MIBOR: Fall in call market volume raises concerns over pricing of MIBOR, other instruments

Mumbai: At meetings with officials of the Reserve Bank of India (RBI), money market participants have flagged the issue of dwindling volumes in the interbank call money market and the impact on financial instruments that derive their pricing from that platform. Sources aware of the developments told ET that market players have brought up the … Read more

This Is Why Gas Prices Always End In 9/10

Gas prices are displayed at a Chevron station on September 19, 2023 in Los Angeles, CaliforniaPhoto: Mario Tama (Getty Images) Have you ever looked at gas prices and wondered, “why is there a fraction on my gas price?” It’s a standard practice across the country, but it’s rarely explained. It turns out it stems from … Read more

JetBlue Introduces Surge Pricing For Checked Bags To Offset Rising Costs

Checked bags are big business for airlines. In 2022 airlines made nearly $30 billion just off checked bag fees alone. Apparently those billions in fees aren’t enough for some airlines, as JetBlue announced that it’s introducing surge pricing for checked bags, and it’s all because the company says it has to pay more for wages … Read more

900k-Mile Ford Explorer Might Be The Most Expensive Of Its Kind

Image: Ford We’ve seen some wild things happen to car prices these last few years. Cars both new and used have seen prices and values fluctuate. One thing is forever constant though, and that’s the seller who’s going to remain firm in the believe that they know what they have, so they can ask for … Read more

CA Rejects Owner’s EV Rebate Application For Filing A Day Early

EV sales have been huge in California. In addition to the federal EV rebate, there are numerous rebates at both the state and local level that buyers can qualify for. Unfortunately, the demand for these rebates is so great that these programs often run out of funds, leaving would be applicants in the dust. And … Read more

Sky High Prices Of Airport Snacks Is The Real Crisis Facing America

What’s your go-to snack at the airport? A pack of honey roast almonds and a can of coke, or do you prefer coffee and a Snickers? For one New York comedian, it was a bag of Chex Mix but the price they paid when passing through an airport sent them down a snack-buying rabbit hole … Read more

Apeejay Hotels: Apeejay Hotels offers room for growth on pricing, expansion

ET Intelligence Group: Investors can consider investing in the initial public offering (IPO) of Kolkata-based Apeejay Surrendra Park Hotels. Presence in prime locations, highest occupancy in the industry, following a conscious strategy of pricing its rooms more attractively than its peers, well-calibrated expansion and reasonable valuation are among the key factors investors can consider while … Read more

Even If You Sold Your Soul You Probably Still Couldn’t Afford The $200,000 Markup On This Dodge Demon

The Dodge Challenger SRT Demon 170 will go down in history as one of the most outrageous and awesome production cars ever made. What’s wild is that Dodge priced this thing at a relatively accessible (in terms of it’s performance) price. Of course, you’ll never pay that at the dealer. And one dealer is taking … Read more

Gas Prices Drop Under $3 A Gallon For Most Americans

The price of gas is falling across America. Now that the new year is underway, the national average price for a gallon of regular gas was at $3.09 this week, according to AAA. But that average takes into account the high prices that folks in California, Hawaii and Washington are paying. Meanwhile, most people in … Read more