U.S. wholesale prices jump third month in a row as travel costs climb

ECONOMIC REPORT

Loading...

Load Error

Getty Images

The numbers: U.S. wholesale costs rose sharply in September for the third month in a row, but the recent upturn largely reflected prices returning to normal after the economy reopened and not a sustained increase in inflation.

The producer price index jumped 0.4% last month, the government said Wednesday. Economists polled by MarketWatch had predicted a 0.2% advance.

Most of the increase last month in wholesale prices was tied to a partial rebound in the cost of hotel and travel-related services after more people ventured out toward the end of the summer. Businesses were forced to slash prices last spring when lockdown orders and fear of catching the virus kept most customers away.

Inflation in the U.S. was still quite tepid. Wholesale inflation has risen just 0.4% in the past year, marking the first positive reading in six months. Typically wholesale prices start to

Read More

Read More

New Amex travel offers: Save on hotels, airfare, and car rentals

This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on the page are from our partners like Citi and American Express, but our coverage is always independent. Terms apply to the offers listed on this page.

We’ve seen plenty of new credit card perks since the start of quarantine, but the latest benefits from American Express are some of the most travel-focused promotions to emerge — and they could help you save on a getaway whether or not you feel ready to fly.

If you have The Platinum Card® from American Express, you can take advantage of statement credits and complimentary nights for hotel stays, as well as discounted airfare for domestic flights when you book through AmexTravel.com. Amex is also offering limited-time benefits to help

Read More

Read More

Why is solo travel up in a global pandemic? Deals cater to those who will go it alone

 <span class="copyright">(Jamie Sholberg / Los Angeles Times; Getty)</span>
(Jamie Sholberg / Los Angeles Times; Getty)

Solo travel offers a fringe benefit: It allows you to be selfish. You can do whatever you want whenever you want.

Hmmm … that sounds a lot like our current lifestyle in quarantine. Want to eat lunch at 4 p.m.? Do it. Want to skip the workout and watch TV instead? Why not? There’s no one around to shame you.

Social distancing — especially for singles — can be a lonely proposition. But it also reaffirms some of the benefits of being alone. You don’t have to worry about someone else’s sleep schedule, hourlong baths or habit of leaving pistachio shells everywhere.

Perhaps those are reasons solo travel is expanding despite the coronavirus’ overall effect on the travel landscape. Going it alone has definite pluses, and tour operators are seeing an uptick in solo-cation bookings. Granted, many of the trips are six months

Read More

Read More

How to Travel Cheaply In Australia

I’ve lost track of how many people that have told me that Australia is an expensive place to travel. They must be living the luxury lifestyle if that’s the case. Australia, if anything was one of the cheapest places I have ever travelled round, so much so that I made bucketloads of money when I was there, indeed enough to take 4 months off work. People, and particularly young backpackers are clearly going to the wrong spots, or perhaps ill-informed, badly prepared or simply spending money in the wrong way. Here’s 12 reasons to prove the myth wrong, all from my own experience of living in Australia:

Camping out – cheap and cheerful

1. Sleeping – Although hostels are great, take a break from them. Don’t be spending your entire time in hostels getting drunk! Camping is the best option for travelling cheap in Australia. A tent can be bought … Read More

Read More

Finding Unique and Exotic Travel Deals Right Here in the US

For the larger travel web sites; travel deals are generated when they purchase airfare seats, hotels and rental cars in bulk and then resale to the general public at reduced rates.

The same holds true for discounted cruise deals and hot vacation spots. He who has the cash flow to purchase travel in bulk do extremely well in the resale.

However, there is another travel deal that is generated consistently that the general public usually is not aware of. This is the travel deals created by the smaller resorts and off the beaten path travel spots.

With any purchase of sight unseen you run the risk of the vacation NOT being what you expected. You can be fairly sure that your accommodations will be as advertised when you purchase from the large travel web sites.

This leads us to why the “travel review” sites are so popular. You can go … Read More

Read More

Limousine Rentals Let You Travel in Style

It used to be that limousine rentals were mainly for those celebrating their wedding day. The bride and the groom along with their wedding party would ride to the church and the reception in style. In most cases, a stretch white limousine was reserved for the day.

Limousine rentals aren’t just for those heading down the aisle any longer. People are choosing to rent a special set of wheels for everything from graduation day to a birthday. With the low cost of limousine rentals you can ride in style regardless of the occasion.

One popular choice for limousine rentals is in a place that you may not have considered before. Have you ever arrived at an airport in an unfamiliar city only to search endlessly for the taxi stand? Once you do find it you may be facing a long wait while other visitors who arrived first, get the first … Read More

Read More

The Automobile Is Still A Great Way To Travel

The Automobile

One of the most exciting days of my life was my 16th birthday when my father took me down for the test and then paid for my first ever driver’s license. He even let me drive home that day. Looking back that was one of the last times he ever let me drive his car with him in it. I don’t think it was because of the way I drove but as a family we all have a passion for driving cars. Even my mother loved driving but as we got old enough to have our license poor mother had to move back another notch in the cue for driving the car. She really mostly drove only when she was alone or with those of us as yet too young to drive.

Travel

As a musician I have been so very fortunate to have travelled a lot all … Read More

Read More

Cheap Last Minute Travel

Traveling is an expensive affair today. There are too many things that have to be taken into consideration while embarking on an unplanned vacation. For instance, transport, accommodation and other sundry expenses are just a few to name. It is for this reason that people opt for economical last minute travel packages nowadays. Last minute travel packages include various special offers by airlines, hotels, cruises and rental cars. These are basically discounted rates that prove to be profitable marketing strategy. The other most important benefit of last minute travel is that there is absolutely no need for reservations to be made in advance since these packages are available from 3 hours to as much as six weeks before the departure date.

Last minute travel can also be a very cheap option for travelers. Hotels and airlines are never fully booked and always maintain certain unreserved slots for “walk-ins.” There are … Read More

Read More

How to Get Cheap Travel Deals

If you wish to obtain cheap travel deals, then you have to look at a few critical components that are involved in any traveling. They are flight or cruise charges, hotel or other accommodation costs and car or van arrangement for going around in the place of vacation. Each one of these components offers lot of scope for money saving in travel deals nowadays. Let us take a look at how we can get the best deals for travel inland and abroad.

The year 2008 was quite shaky, to say the least. Major economies faced a spiraling downturn, with consumer and investor confidence badly hit like never before. Oil and housing prices skyrocketed and then fell flat. However, the New Year 2009 promises to be much better. According to industry experts, the top travel destinations for this year are likely to be Canada, Mexico, Italy, Germany, Jamaica, Spain, France, the … Read More

Read More

Cheap Vacation Deals Guide – What to Expect When Looking for Travel Bargains Online

When most people think of vacations, “cheap” usually isn’t the first word to come to mind. Thankfully, this stereotype won’t be around forever as airfare, cruise prices, and hotel rates are becoming more and more affordable. It’s now possible for the average person to have access to cheap vacation deals, simply by typing information into a search engine.

It doesn’t matter what kind of vacation you are looking for, or when you plan to go, there should be some deal going on somewhere. Use online budget travel sites to search for flights and hotels on the dates you intend to travel. If you are flexible, mess around with the dates a bit to see what the cheapest deals are. There will be an option for you to book airfare and hotel accommodation separately or together. You can also throw car rental into the mix and book all three at the … Read More

Read More