Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Gap Inc.'s fiscal second-quarter earnings topped analysts' estimates but sales missed. Same-store sales dropped 4% during the period, worse than expected.Retailread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Dallas Fed President Robert Kaplan would like to avoid additional stimulus but is keeping an "open mind."The Fedread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Automakers are trying to deal with President Trump's efforts to roll back Obama-era fuel efficiency rules.Autosread more
The New York Post ran down those pricing figures at the restaurants in the few blocks near to where the ball drops, and found some astronomical ticket costs. And those are just for basic packages — a "Couple's VIP Table" at Ruby Tuesday runs at $1,799 online.
For their $349 to $1,799 packages, Ruby Tuesday's patrons may not even get to see the ball from within the restaurant, according to the Post. But they will get passed appetizers (including hand breaded shrimp, and Thai spring rolls), and a live DJ "spinning the hottest beats with a flair for old-school jams," according to Balldrop.com, the company selling tickets to the event.
And there's apparently plenty of demand for Times Square's New Year's Eve parties: The Bubba Gump website says it is sold out for this week's nearly-$800-per-person celebration. In fact, the Post quoted the priciest Ruby Tuesday package at $1,699 on Sunday, but Balldrop's website was updated to reflect the $100 jump on Monday afternoon.
A representative for the company told CNBC that the website uses an on-demand system, so it adjusts prices based on the availability of tickets.
It's worth noting that the exorbitant pricing is nothing new, and outlets dutifully report the figures annually. But this year, at least, it appears that restaurants are hitting new extremes.
A dinner at Bubba Gump, for example, was only $679 on Dec. 31, 2013. Ruby Tuesday tickets started at $295 that year, and TGI Friday's began at $225 (they're now $250), according to NBC.