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Price Hikes

All articles tagged with #price hikes

Big Pharma to Increase Prices on 350 Medications Despite Political Pressure

Originally Published 10 days ago — by Yahoo

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Source: Yahoo

Drugmakers plan to raise prices on at least 350 medicines in the U.S., including vaccines and cancer treatments, despite pressure from the Trump administration to lower costs, with some drugs also seeing significant price cuts. The increases are part of ongoing strategies to maximize profits amid regulatory and political scrutiny, while some companies adjust prices to keep pace with inflation and support innovation.

Big Pharma to Raise Prices on 350 Medications Despite Political Pressure

Originally Published 10 days ago — by CNN

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Source: CNN

Drugmakers plan to raise prices on at least 350 medicines in the US for 2026, including vaccines and cancer treatments, despite pressure from the Trump administration to lower costs. While some drugs will see price cuts, overall prices are increasing, with companies like Pfizer and GSK citing the need to support innovation and cover costs. These hikes occur even as the US continues to pay significantly more for prescription drugs compared to other developed nations.

US Video Game Console Sales Hit Decades-Low in November 2025

Originally Published 25 days ago — by IGN

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Source: IGN

In November 2025, Xbox U.S. console unit sales hit an all-time November low with a 70% year-over-year decline, driven by high prices, economic challenges, and market shifts, while other consoles also experienced declines. Despite plans for future Xbox hardware, current sales struggles highlight broader industry and economic issues impacting gaming hardware sales.

US Video Game Hardware Sales Hit Decades-Low in November

Originally Published 25 days ago — by Bloomberg.com

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Source: Bloomberg.com

US video game console sales in November dropped 27% to the lowest level in two decades, with consumers spending $695 million, amid rising prices due to tariffs, component costs, and supply chain issues. Nintendo's Switch 2 lost its sales lead to Sony's PS5, while console prices hit a record average of $439. Despite challenges, Nintendo's new games performed well, and the industry faces ongoing cost pressures from AI-driven memory shortages.

Florida and Massachusetts Residents Face Sharp Obamacare Premium Increases in 2026

Originally Published 2 months ago — by Orlando Sentinel

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Source: Orlando Sentinel

Millions of Floridians face significant Obamacare premium increases due to the expiration of enhanced subsidies, leading to potential coverage loss and increased financial strain, amid ongoing political debates over extending these subsidies and healthcare reform.

Verizon CEO Plans Bold Changes Amid Subscriber Decline and Profit Growth

Originally Published 2 months ago — by Yahoo Finance

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Source: Yahoo Finance

Verizon is experiencing significant customer loss due to recent price hikes and declining customer satisfaction, prompting new leadership to focus on improving customer loyalty, reducing churn, and leveraging AI for better service, amid intense industry competition and economic pressures.

Verizon Faces Subscriber Decline Despite Strong Q3 Earnings and Upgrades

Originally Published 2 months ago — by TheStreet

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Source: TheStreet

Verizon is experiencing significant customer loss due to recent price hikes and declining customer satisfaction, prompting new CEO Dan Schulman to focus on transforming the company's culture, improving customer experience, and leveraging AI for innovation to regain loyalty and competitiveness in a challenging telecom market.

Retailers Warn of Rising Prices and Impact on Homeowners Amid Tariffs

Originally Published 4 months ago — by ABC News

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Source: ABC News

Major retailers like Walmart and Target have reported their earnings, revealing that while tariffs have increased costs, the impact on consumer prices has been moderate, with companies adjusting strategies to manage tariff-driven expenses. Walmart expects ongoing cost increases, Target is negotiating to avoid passing tariffs to consumers, and Home Depot plans modest price hikes, indicating a cautious approach to tariff effects amid a resilient retail environment.