Tag Archives: costs

Why auto insurance costs are rising at the fastest rate in 47 years

Why auto insurance costs are rising at the fastest rate in 47 years

As car prices moderate from a pandemic-era surge, insurance has pushed the cost of car ownership to the brink for many Americans. New data out this week showed auto insurance costs rose 20.6% from the prior year in February, matching January’s increase as the most since December 1976, when costs rose 22.4% over the prior year. On an annual basis, motor vehicle insurance costs rose 17.4% in 2023, the most since a 28.7% increase in 1976, according to data from the BLS. The sticker shock hitting… Source link

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Yandex’s Q2 profits fall as costs rise versus 2022 ‘anomaly’

Yandex’s Q2 profits fall as costs rise versus 2022 ‘anomaly’

By Alexander Marrow and Gleb Stolyarov (Reuters) -Russian tech giant Yandex reported a 27% fall in second-quarter profits on Thursday as costs rose from a year earlier when the company tightened spending in the immediate aftermath of Russia’s invasion of Ukraine. Often dubbed “Russia’s Google”, Yandex has struggled to balance domestic pressures with the interests of its Western investors since Russia sent troops into Ukraine in February 2022. Yandex’s adjusted net income dropped to 9.6 billion… Source link

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Google says India antitrust ruling to drive up costs for app developers

Google says India antitrust ruling to drive up costs for app developers

Jan 13 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Friday that India’s new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers. The Competition Commission of India (CCI) in October fined Google $161 million for exploiting its dominant position in Android, and asked it to change restrictions imposed on smartphone makers related to pre-installing apps. Google licenses its Android… Source link

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Google Ad Manager outage costs big websites ad sales

Google Ad Manager outage costs big websites ad sales

OAKLAND, Calif., Dec 8 (Reuters) – A Google service relied upon by many large websites to sell and display ads was down for about three hours Thursday, denying major news publishers revenue during the crucial holiday period, two sources familiar with the matter said. “The issue with Google Ad Manager has been resolved and ad serving has now been restored for the affected users,” Google said in a tweet on Thursday evening. “We apologize for the inconvenience.” News websites such as the… Source link

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