price hikes

Extra Space, a storage company, was using bait-and-switch schemes by advertising affordable and clean self-storage spaces but delivering high prices and rat-infested units. The company is now forced to pay back NYC renters affected by these practices.

Extra Space, a major self-storage company, will pay a $1.7 million fine following a New York City inquiry into its business practices, including allegations of rat-infested units and price hikes. The settlement was finalized ahead of new industry-wide licensing rules set to begin in August.

Samsung Electronics is reportedly proposing to raise the average selling price of its dynamic random access memory chips by 20%. This move is described as another sign of bottlenecks affecting the industry.

Consumers are increasingly abandoning their preferred brands due to significant price hikes, with 60% switching brands this year and 70% reporting reduced loyalty. AI-driven recommendations are also influencing purchasing decisions, as 37% of AI users consider alternative brands based on algorithmic suggestions.

AOC has called for Congress to break up Apple in response to upcoming price hikes for MacBooks and iPhones. She advocates for a government-led approach, expressing distrust in corporate influence.

Apple has increased its product prices, leading to a shift in sentiment within the technology sector. The price hikes have sparked discussions about their impact on consumer behavior and market dynamics.

Smaller family-owned burger chains are gaining market share over McDonald's and Burger King as consumers avoid rising prices and 'shrinkflation' at major chains.

America's top brands are facing challenges as rising prices lead Gen Z consumers to stop purchasing their favorite products. Price hikes are forcing younger consumers to abandon previously popular brands.

Motorola has introduced three new Razr folding flip phones with increased prices and minimal upgrades compared to previous models. The latest devices maintain the foldable design but lack significant enhancements.

Millions of mobile phone users are facing data rationing and price hikes as telecoms firms struggle with rising energy costs, following Rachel Reeves' decision to leave these companies to manage the financial burden.

California AG Rob Bonta alleges that Amazon pressured Levi Strauss and other vendors to raise prices at rivals like Walmart to stifle online competition. Evidence was presented in a court filing to support these claims.

Netflix faced a stock price plunge following significant price hikes and disappointing earnings results. The company also announced the removal of its founder, signaling financial and leadership challenges.

Microsoft is raising prices for Surface PCs by $200 to $300, eliminating sub-$1,000 models. This reflects a broader trend of rising consumer tech costs in 2026.

The Masters golf tournament maintains affordable concession prices, with cheese sandwiches at $1.50 and beer/wine at $6, despite rising ticket costs. The event emphasizes simplicity in its menu while ticket prices continue to increase.