New York Yankee executives apparently read BloggingStocks. A day or so after posting on the American League baseball franchise's truly-stratospheric plus-$2,000 ticket prices (and empty seats) at the new Yankee Stadium, the Yankees announced a ticket price cut.

The Yankees cut prices on most premium seats, including a 50% cut in the top Legend Suite seats, to $1,250 from $2,500. Season ticket and partial ticket plan holders who purchased tickets at the previous price will receive additional, complimentary tickets as compensation or a credit.

The New York Yankees, the greatest and most storied professional, sports franchise in human history, open the New Yankee Stadium in two days.

Actually, the first, regular season home game isn't until April 16, but the ballclub will open the doors to their new palace on Thursday at 1:30 p.m. for a paid-attendance, afternoon workout and two exhibition games Friday night and Saturday afternoon, before starting the regular season on the road next week.

For those of us getting ready to start looking into flights for the upcoming Christmas season expect to pay a little more for those flights home.

In a move to combat high fuel prices United Airlines (NSDQ: UAUA) came out today and announced higher fares on some of the routes where they are facing low-cost competition such as Chicago to Dallas and Atlanta, and Denver to San Francisco, Los Angeles and New York.

Two other airlines also joined in the rate hikes. American Airlines and Delta have decided to match today's increase but Southwest Airlines Co. stated that they have absolutely no intention of raising their rates. As a result United will leave rates unchanged in the routes where they compete directly with Southwest.

While no one likes to hear about rate hikes, in this case I think it is the right move for United Airlines to take. Since the company started trading again back in February the company has had a roller coaster ride but the last couple of months have shown strength and it is probably the right time to take a chance on losing a few customers in order to fight high fuel prices. The question is, as always, will the market endure the hike? Credit Suisse airline analyst Daniel McKenzie seems to agree with the move stating the hikes are a "a sign that underlying demand trends remain strong."

Here is a chart for United since getting re-listed earlier this year.