Restaurant, hotel prices skyrocket

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The New Jersey Division of Consumer Affairs issued subpoenas to 65 businesses across the state Friday after more than 500 consumer complaints about alleged price gouging.

“Having seen firsthand the suffering people are experiencing, I assure New Jersey’s residents and retailers that we are taking a zero-tolerance approach to price gouging,” said Governor Christie. “We are not asking businesses to function as charities. We require that they obey New Jersey’s laws [...]

The Most Expensive Hotel Rooms In Europe

Traveling to Europe on a budget? Then avoid Moscow and Zurich, which have the most expensive hotel rooms on the continent, according to a new study from European hotel portal HRS.

In those cities, where an average hotel room costs $196 and $185, respectively, rates were around the same as they were last year.

In London, however, average room rates rose 4.9 percent during the first quarter of 2012 to $159 a night, likely due to high [...]