Tag: pricing pressures

The Bitcoin Price Is Tanking — Here’s Why | Forbes

The Bitcoin Price Is Tanking — Here’s Why | Forbes

The bitcoin price bull run over the last month, which saw it climb from around $6,300 to highs of $8,400 in a matter of weeks, could be over. Bitcoin has slumped by 5% over the last 12 hours, falling well below the psychological $8,000 mark as traders and investors fret over coming tax crackdowns and blockchain-based […]

Trump has access to a little-used tool that could lower oil prices | Markets Insider

Trump has access to a little-used tool that could lower oil prices | Markets Insider

“REDUCE PRICING NOW!” That was President Donald Trump’s message to OPEC last week, adding that “gas prices are up & they are doing little to help.” It was just the latest in a string of tweets taking aim at the oil cartel about energy costs. And ahead of the midterm election, where rising gas prices could hurt […]

As bitcoin values slide, high-end GPU prices drop, too | Computerworld

As bitcoin values slide, high-end GPU prices drop, too | Computerworld

The processing power of high-end gaming cards made them ideal for cryptocurrency mining rigs and they were in hot demand when Bitcoin, Ethereum and other digital token prices leaped to unprecedented heights in late 2017 and early 2018. That trend now appears to be reversing; add-in board (AIB) prices appear to be declining and supplies […]

AT&T launches new WatchTV streaming service at aggressive $15-per-month price | The Verge

AT&T launches new WatchTV streaming service at aggressive $15-per-month price | The Verge

Days after completing its monumental acquisition of Time Warner, AT&T is announcing a second streaming TV service that’s priced lower than the company’s existing DirecTV Now offering. The new service is called WatchTV and it launches next week. WatchTV includes 31 channels, with 6 networks from Viacom coming “soon after.” AT&T had confirmed the service […]

Bitcoin Price Too Volatile for Merchants, Claims PayPal CFO | CCN

Bitcoin Price Too Volatile for Merchants, Claims PayPal CFO | CCN

The bitcoin price is too volatile to make it a useful payment tool for merchants, PayPal CFO John Rainey claimed in a recent interview. Bitcoin Price Too Volatile for Merchants Rainey made this claim during a recent episode of “Mad Money,” explaining that merchant margins are too thin to make bitcoin a viable payment medium. […]

Company Costs Are Rising, but Getting Shoppers to Pay More Is Hard | WSJ

Company Costs Are Rising, but Getting Shoppers to Pay More Is Hard | WSJ

Higher input costs are pressuring U.S. companies to raise prices—a potential precursor to more consumer inflation—but shoppers are resisting their efforts to do so. Businesses are facing higher costs for everything from fuel and freight hauling to steel to accounting services. Input price increases have outstripped consumer price increases since late 2016, with some pipeline […]

Bitcoin Mining Pressures Hardware Prices | NewsBTC

Bitcoin Mining Pressures Hardware Prices | NewsBTC

Prices of PC Components Skyrocket Due to Bitcoin Mining The cryptocurrency mining boom is taking the blame for the inflationary prices in the PC hardware industry. The exponential demand for processing power and memory needed to mine crypto hashes for cryptocurrency is not being followed by similar growth in industrial capacity to supply those items. […]

Memo to Federal Reserve: Brutal Inflation Is Starting to Pummel Corporate America | TheStreet

Memo to Federal Reserve: Brutal Inflation Is Starting to Pummel Corporate America | TheStreet

Procter & Gamble The last thing the slow growth, activist target P&G ( PG – Get Report)  needs is inflation. Yet, that’s what it’s dealing with at the moment. Said P&G Chief Financial Officer Jon Moeller on P&G’s recent call: “Commodity prices have continued to move higher as the year has progressed approaching a $350 […]

More and more people cut the cord as cable TV companies struggle | Digital Trends

More and more people cut the cord as cable TV companies struggle | Digital Trends

Customers of the five top internet TV providers has more than doubled, from 2 million in 2016 to nearly 4.6 million at the end of 2017. The research doesn’t include people who never signed up for cable in the first place, younger viewers known as “cord-nevers” rather than “cord-cutters.” From a high of 88 percent […]

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

The decoy effect describes what happens when, while choosing between two items, a third item is introduced that causes you to switch your preference between the first two items. A few weeks ago, I was at a clothing store trying to decide between two shirts. I liked the way one shirt fit, but I liked […]