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The FTC's antitrust litigation theatrics are damaging to businesses and consumers

In baseball, it's three strikes and you're out. By that standard, the Federal Trade Commission antitrust enforcement should have gotten off the arena some time ago. When tallying losses, it is difficult to know where to start. Their Regulatory Parade of Folies includes the agency's controversial efforts Block Altria's minority investment in Juulan electronic cigarette […]

Trump’s tariffs on Mexico and Canada will increase prices for consumers

Canada's Minister of Energy and Natural Resources Jonathan Wilkinson discusses tariffs, energy exports, the US Canada Energy Union, and the potential impacts of future Canadian elections. president Donald Trump's The announcement of tariffs in Mexico and Canada was delayed for at least a month, but if it was finally implemented, it could drive a rise […]

Jack Daniel’s maker to slash 12% of its workforce as consumers’ alcohol consumption dries up

Brown-Forman, the maker of Jack Daniel's, announced Tuesday that it will cut 12% of its workforce as more consumers cut back on their alcohol consumption. Brown-Forman, the 155-year-old Louisville, Kentucky-based company that also makes Woodford Reserve, Old Forester and other spirits, will close its barrel-making operations by April 25th. The company says its so-called Cooperage […]

We Couldn’t Sanction Russia’s Oil 18 Months Ago, It Would Hurt Consumers

In an interview with “PBS News Hour” that aired Friday, National Security Adviser Jake Sullivan said the Biden administration is looking forward to the large-scale sanctions on Russian energy that it imposed on Friday. “If we had imposed sanctions on Russian oil 18 months ago, when oil prices and gasoline prices were high, that would […]

New Data Shows Consumers Take Strategic Approach to Credit Usage – PYMNTS.com

Credit plays a central role in today's consumers' spending habits and financial lifestyles. Consumers are increasingly using multiple credit products strategically to maintain financial flexibility and maximize benefits. Credit cards remain the most widely used, with 68% of consumers having an active account. In addition to mortgages and other major products, high-income consumers are leading […]

What a Honda-Nissan merger could mean for the auto industry and consumers

Automotive expert Mike Caudill appeared on “The Big Money Show” to give his thoughts on why automakers are slowing production of electric vehicles. Honda and Nissan are reportedly considering a possible merger, and while speculation is rife about what that potential move could mean, experts say rumors of a partnership are not surprising. states. News […]

Trump 'can't guarantee' tariffs won't raise prices for consumers

President-elect Trump said in a new interview aired Sunday that he can't guarantee Americans won't pay more in tariffs he has promised to impose on imported goods. Mr. Trump, in an interview With Kristen Welker on “Meet the Press,” say you don't believe economists' repeated warnings that tariffs on countries like Canada, Mexico and China […]