The U.S. Postal Service has had a year-to-date net loss of $1.13 billion, including a greater-than-expected loss of $1.1 billion for the third quarter. How this affects the magazine industry: ABM Washington Counsel David Straus says, “The way the CPI [Consumer Price Index] is going, you could be looking at periodicals rates going up 5 [...]
Flint Group North America has announced it is raising its prices for the second time in less than two months, this time raising it from 4 to 6 percent. The price changes will be effective for products billed on or after July 21. The company attributes the raise in price to the increased costs of [...]
According to four energy analysts, gas prices could be cut in half, to around $2 a gallon, if Congress passes a law to limit speculation in energy-futures markets. They went on to say that the price cut would take effect within 30 days of the law being passed. MarketWatch (June 23, 2008)