Writing the summary…
Knicks halt sales after pricing ‘mistake’ puts season opener tickets above $1,000
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
The Guardian3 outlets
Japan raises interest rates to 31-year high as central bankers fight inflation; retail sales rise in Great Britain – business live
Rolling coverage of the latest economic and financial news The oil price has dropped by 2% this morning, pushed down by hopes that supply disruptions from Saudi Arabia may not be as severe as feared. Brent crude has dropped to $102.55 a barrel, following reports that Saudi authorities hope to bypass a damaged section of its 1,200-km East-West Pipeline and restore roughly half its capacity within days. Continue reading...
The Guardian
Global leaders urged to join initiative to fight extreme inequality
More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’ More than 1,500 academics and economists from 100-plus countries are urging global leaders to join an initiative against extreme inequality, calling current unfairness “a policy choice that can be reversed”. Before the UN general assembly in New York next week, the experts have signed an open letter backing the International Panel on Inequality (IPI). Continue reading...
CNBC
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
CNBC2 outlets
Bank of Japan raises interest rates to 31-year high, flags concerns over inflation
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
BBC Business
Japan raises interest rate to new 31-year high to curb rising prices
Central banks around the world have hiked rates as high energy prices are pushing up inflation.
CNBC
How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start
Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impact will spread.