Discover how price levels, consumer income, substitutes, and product types impact demand elasticity for goods and services, influencing consumer decisions.

If you’re going online to buy some last-minute gifts this holiday season, there’s a chance the price you pay will be influenced by what’s known as “surveillance pricing.” Some retailers are using ...

We're approaching the end of 2025, which also marks the conclusion of the third year of the new wave of generative AI. At the end of 2024, we thought we had a handle on how much AI would change us, ...

Fubo has lowered the prices of its Pro and Elite channel plans amid its NBCUniversal programming blac k out that began two weeks ago. Starting in January, the Pro plan will now cost $73.99 per month, ...

A state-chartered insurer has started a price war with private insurers that have been raising premiums for owners of condo buildings. Hawaii state leaders say their efforts this year to improve the ...

The federal government has announced the results of the latest round of Medicare drug price negotiations: 15 lower drug prices for Medicare to go into effect in 2027. Medicare will get a 71% discount ...

The Trump administration late Tuesday announced new lower Medicare prices for 15 drugs that were part of the latest round of the program’s price negotiations, touting a total of $12 billion saved ...

The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent. By Rebecca ...

Medicare will save approximately $12 billion, or 44%, on 15 high-cost medications as a result of the second round of the program’s drug price negotiations, the Trump administration announced Tuesday ...

Allison DeAngelis is the East Coast biotech and venture capital reporter at STAT, reporting where scientific ideas and money meet. She is also co-host of the weekly biotech podcast, The Readout Loud.

There are a lot of things that you can get at Costco for cheaper than the outside world, but are vaccines one of them? After one traveler was quoted about $1,000 for rabies vaccines, they asked the ...