If you’ve been eyeing a PlayStation 5, here’s the bad news: it just got more expensive. Sony says the popular gaming system’s price increase is due to a “challenging economic environment.” That includes a mix of factors,

Buying the latest-gen Sony console just got more expensive as the company just raised the price of PlayStation 5 consoles.

Sony announced that starting Thursday, there will be a price increase for the popular video game console PS5. The gaming console will now cost $50 more because of "a challenging economic environment," Sony said.