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| August 21, 2017

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Prices Archives -

It shouldn’t take generous strangers to help patients cope with drug prices

August 18, 2017 |

The inherent goodness of people was made clear this week when a pair of readers offered to pay for a 75-year-old Encino man’s prescription meds after the drug maker imposed a $ 1,100 deductible to be eligible for financial assistance.

Meanwhile, the warped priorities of our for-profit healthcare…


L.A. Times – Business

Warning to avocado lovers: a California shortfall may send prices soaring even higher

August 15, 2017 |

Avocados could soon be fetching a lot more green.

A shortfall in production in California, the leading U.S. avocado grower, has kicked up wholesale prices in recent weeks — which means you may soon be paying more for fresh guacamole and avocado toast.

A wholesale box of 60 avocados currently costs…


L.A. Times – Business

Consumer prices rise for first time in three months, but inflation rate remains low

August 12, 2017 |

Consumer prices increased in July for the first time in three months as Americans paid more for food, but the modest hike kept annual inflation still running low, the Labor Department said Friday.

The 0.1% price increase last month was less than the 0.2% rise that analysts had forecast.

The new…


L.A. Times – Business

U.S. hits Venezuela, but are tougher sanctions coming that would raise gas prices?

August 2, 2017 |

Oil and U.S. gasoline prices have been edging higher since the Trump administration hit Venezuela’s president with sanctions on Monday. But it’s unclear if broader, tougher penalties are still to come against the oil-rich nation that could bring a significant increase in energy prices.

U.S. retail…


L.A. Times – Business

If he wanted to, Trump could take steps to lower soaring drug prices

August 1, 2017 |

After last year’s election, Donald Trump declared his determination “to bring down drug prices.” As president, he’s now reportedly cooking up an executive order aimed at cutting regulations for drug companies, which probably won’t do much to lower prices but should please industry execs.

It’s worth…


L.A. Times – Business

Shell Prepares for ‘Lower Forever’ Oil Prices

July 28, 2017 |

Royal Dutch Shell laid out a pessimistic vision for the future of oil, even as the company reported success in generating cash during a prolonged downturn.
WSJ.com: US Business

Home prices in parts of Southern California are at record highs — and keep rising

July 26, 2017 |

In many corners of Southern California, home prices have hit record highs. And they keep going up.

In Los Angeles County, the median price in June jumped 7.4% from a year earlier to $ 569,000, surpassing the previous record set in May. In Orange County, the median was up 6.1% from 2016 and tied…


L.A. Times – Business

Yes, we can lower sky-high drug prices — other countries have done it

July 25, 2017 |

Scott Gottlieb, head of the Food and Drug Administration, wasted no time in his opening remarks at a forum last week on high drug prices.

“The fact is that too many people can’t afford the medicines that they need,” he declared.

On that, I hope, we can all agree.

The trouble is doing something…


L.A. Times – Business

Stocks slip as energy prices fall and 10-day tech rally ends

July 21, 2017 |

U.S. stocks finished slightly lower Friday as energy companies fell with oil prices and a 10-day rally for technology companies came to an end. But Wall Street mostly avoided the sharp losses that hit European stocks.

The price of U.S. crude oil fell 2.5% and pulled energy stocks lower. Technology…


L.A. Times – Business

United Airlines loyalty program will charge prices that vary based on demand

July 8, 2017 |

Making sense of airline loyalty reward programs is about to get even more difficult.

United Airlines has announced a change to its Mileageplus program that will keep travelers guessing about the number of miles they will need to book a free flight.

Starting Nov. 1, United will replace its Standard…


L.A. Times – Business