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EconNews Online is South-Western College Publishing's service to provide summaries of the latest economics news stories. Review the brief summaries and, for stories of interest, select the full summary. |
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Broadband access to
the Internet is growing more slowly as prices rise and discounts are reduced
in a sluggish economy. (Updated June 15, 2002) |
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Alcohol sales are growing
less than expected due to the recession. Consumers are drinking at home
more, and are buying cheaper bottles. Retailers and producers are stepping
up their promotional campaigns. (Updated January 15, 2002) |
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In the face of inadequate
Medicare payments, HMOs are leaving enrollees to pick up larger co-payments,
and are restricting coverage, such as for brand-name drugs. Long gone are
the days of free eyeglasses and health club memberships. (Updated November 1, 2001) |
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Airline travel has fallen
since September 11. Losses and layoffs abound. The European Commission would
like to see more airline consolidation, rather than huge subsidies. (Updated November 1, 2001) |
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Bargains abound for
tourists wishing to visit Great Britain. Foot and mouth disease has scared
many away, although it is harmless to humans and tourist sites are reopening.
(Updated July 1, 2001) |
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The economic slowdown
is resulting in curbs on business travel. Many companies are requiring their
employees to stay at lower-rated hotels. Such hotel chains are trying to
appeal to corporate clients by enhancing amenities. (Updated May 1, 2001) |
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House prices in the
Tampa Bay area are rising rapidly due to the booming economy, a growing
population, and concern about the availability of suitable housing in the
future. While house buyers are paying high prices now, there is uncertainty
about whether they will remain high. (Updated June 1, 2000) |
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The rising price of
home heating oil led President Clinton to release more federal aid to low-income
families in the Northeast. However, he declined to release oil from the
Strategic Petroleum Reserve. (Updated April 1, 2000) |
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Retailers saw sales
grow faster over the 1999 holiday season than in any December since 1992.
The gains were uneven, however, with moderate-price department stores performing
less well than high-end retailers, specialty retailers, and discount stores. (Updated February 1, 2000) |
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The price of managed
care plans is increasing. Employers are variously raising co-payments and
premiums, charging differential amounts for generic and name-brand drugs,
and changing plans. Some employees are affected more than others. (Updated January 1, 2000) |
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Louisiana has recently
banned video poker machines in many parishes, and South Carolina is putting
the issue to the voters. If video poker gambling survives, it will be limited
and taxed heavily, although jackpots will be allowed to increase. (Updated August 1, 1999) |
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Although nearly half
the households in the U.S. own a PC, December 1998 saw a massive PC sales
growth as prices tumbled. Retailers who sold budget computers fared better
than those who stayed in the mid-price market segment. (Updated March 1, 1999) |
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A government study indicates that increasing the price of cigarettes would cause some smokers to quit or to cut back. The effect would be greater among the young, minorities, and the poor. (Updated August 18, 1998) |
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