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December 4, 2008 10:16:12 AM CST

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9 Stories

Herman Miller Says Phooey to Financial Crisis

Still have a job? Thumb your nose at thrift with a $1600 office chair

GigaOm GigaOm Nov 6, 08 1:25 PM CST
(Newser) - With a "bah!" to the financial crisis, furniture manufacturer Herman Miller has introduced a chair that costs $1,600—making you “all the more comfortable as you sit for eight hours staring in disbelief at your plummeting stock portfolio,” writes Stacey Higginibotham on GigaOm. The Embody, a follow-up to the popular Aeron ($949), claims to promote “health-positive sitting,” with surfaces designed to distribute weight evenly. More »

More about:  Financial Crisis • luxury • office • price • furniture

 How to Spot Overpriced Wines 

Experts explain pricing and weigh in with ways to save

Wall Street Journal Wall Street Journal Aug 16, 08 10:26 AM CDT
(Newser) - Why does a bottle of wine cost $100 at one restaurant and three times that at the bistro down the block? The Wall Street Journal asked wine experts to decipher vino pricing and offer tips for finding the best deals. The results: Expensive wines often mean better value, as do less popular varietals. And never, ever buy by the glass. More »

More about:  Wall Street Journal • wine • restaurant • price • dining • deal

Without AT&T Contract, iPhone 3G Runs $600

Price doesn't quite add up, analyst says

New York Times New York Times Jul 2, 08 3:26 PM CDT
(Newser) - AT&T will sell contract-free iPhone 3Gs for $600 (the 8-gig model) and $700 (16 gigs), a $401 mark-up, the New York Times notes. There are no details available on why a consumer would want the phone without the, er, phone, but AT&T says there is a demand—and notes that other wireless models already cost far more without contracts. More »

More about:  Apple • iPhone • AT&T • iPhone 3G • contract • price

Food Crisis Lurks in Soaring Prices, Says
IMF Chief

Predicts widespread starvation, conflict

BBC BBC Apr 13, 08 9:44 AM CDT
(Newser) - Rising food prices may soon have dire global consequences with starving people rioting in the streets, warns the head of the International Monetary Fund. “Hundred of thousands of people will be starving,” he said yesterday at a meeting in Washington. “Children will be suffering from malnutrition, with consequences for all their lives.” Climbing food prices will lead to increased trade imbalances in developing countries, with major ramifications. More »

More about:  food • protests • food prices • ethanol • crops • International Monetary Fund • starvation • price • trade affairs

1st-Class Stamp Price to Rise 1¢

Postal service hikes cost more easily under new system

Associated Press Associated Press Feb 11, 08 4:45 PM CST
(Newser) - First-class snail mail will cost a penny more starting May 12, the US Postal Service announced today. Stamps are going up to 42¢, as is the Forever stamp, which was billed as a hedge against future first-class rate increases when it was introduced last year. The 41¢ Forevers will still work after the rate hike. More »

More about:  mail • price • US Postal Service • price increases • stamps • cost

$100 Laptop Price Hits $188

3 million orders,
fourth price increase for One Laptop
Per Child

Associated Press Associated Press Sep 15, 07 9:01 PM CDT
(Newser) - The famous but increasingly misnamed “$100 laptop” will actually cost $188—the fourth price increase for the innovative device designed for nonprofit group One Laptop Per Child, reports the AP. While still a bargain, the bump could scare off developing governments fixed on the “fanciful $100-per-child figure,” observers fear. More »

More about:  Brazil • Thailand • MIT • Libya • laptop • One Laptop Per Child • price • Uruguay

Prices in Toyland Are Going Up

Consumers will pay for testing toys

Associated Press Associated Press Sep 14, 07 7:04 AM CDT
(Newser) - Toyland is about to become a more expensive place, as price hikes of 10% or more kick in to pay for heightened vigilance by toy makers following the recall of millions of lead-tainted and otherwise unsafe playthings imported from China. The added costs, which  won't kick in until after Christmas, will pay for independent lab testing which American manufacturers and retailers are scrambling to put in place. More »

More about:  China • Wal-Mart • Disney • recall • toys • Mattel • lead • price • Barbie • Toys 'R' Us

How Much
Does It Cost to
Tie the Knot?

Stats mislead on average price of
US weddings

Wall Street Journal Wall Street Journal Aug 24, 07 6:58 PM CDT
(Newser) - The notion that Americans are blowing vast sums of money on weddings is debunked by the Numbers Guy at the Wall Street Journal . The figure is often touted that the average US wedding costs $30,000; in fact, it's closer to half that price. Carl Bialik says the surveys, distributed by the bridal business, are skewed by interviewing only couples likely to splurge on nuptuals, and excluding those who opt for modest civil ceremonies. More »

More about:  wedding • brides • statistics • price • cost

Price Jump Could Ice Coffee Sales

With another price hike and competitors on its heels, will Starbucks stumble?

BusinessWeek BusinessWeek Aug 1, 07 5:26 PM CDT
(Newser) - Starbucks recently hiked the cost of its coffee an average of 9¢ a cup—the seventh bump up since 1997. With a faltering stock price and learnings lagging after 15 years of solid growth, BusinessWeek wonders whether the premium coffee purveyor may have finally maxed out the market for the luxury latte. More »

More about:  Starbucks • coffee • McDonald's • Dunkin' Donuts • tea • price

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