RFK Jr. Introduces ‘Made in the USA’ Label to Support American Fishermen and Safeguard U.S. Consumers
New Initiative Aims to Support U.S. Fishermen U.S. fishermen will soon face a fairer playing field in the battle against inexpensive and dubious seafood imports, thanks to a recent initiative revealed by Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. This announcement was made during a lively rally alongside President Donald Trump in […]
Hershey will launch protein powder, aiming to attract consumers on GLP-1 to snack again.
Hershey’s Efforts to Attract Health-Conscious Consumers Hershey’s is branching out to appeal to those mindful of their health, rolling out a new protein powder set to debut in January. This initiative comes as the long-standing candy company grapples with changing consumer preferences. Having recently seen its shares drop to a 52-week low, Hershey’s CEO, Kirk […]
September CPI: Inflation rose as energy costs impacted consumers
The Big Money Show recently talked about comments from JPMorgan Chase CEO Jamie Dimon, who expressed concerns regarding the U.S. economy. The discussion covered various economic risks, the challenges posed by high interest rates, and ongoing inflation issues. Details on the September CPI inflation report will be added as they become available. Inflation increased in […]
PepsiCo plans to raise prices on Doritos and sodas, going back on its recent initiative to help consumers save money.
PepsiCo Announces Price Hikes for Chips and Beverages On Thursday, PepsiCo revealed that it will be increasing prices on several chip and beverage products following a disappointing third quarter. This move represents a shift from its previous strategy aimed at providing relief to consumers, as the company faces challenges with weak soda sales and difficulties […]
Car manufacturers have recently cut costs by billions — but will consumers benefit from these savings?
Listen up, car shoppers: There’s a glimmer of good news coming from Washington. The federal government has decided to finalize a significant revision to fuel-economy standards. This adjustment could lead to lower production costs for automakers. The new benchmark aims for an average of around 34.9 mpg by 2031, which is a notable decrease from […]
Trump dismantles Biden’s ‘absurd’ auto mileage regulations, vowing benefits for consumers and producers
Trump Cancels Biden’s Environmental Policy on Fuel Economy President Donald Trump has announced the cancellation of a challenging environmental policy implemented by Joe Biden, effectively reversing the former president’s fuel economy regulations which aimed to encourage the use of electric vehicles. This back-and-forth on policy feels a bit like a game of ping pong. Biden […]
US Consumers Might Be Misled About How Much Insurers Really Spend on Medical Care, Report Indicates
A recent report from the Insurance Watchdog Coalition suggests that some health insurers may not be fully transparent about their medical care expenditures. The findings, first reported by The Daily Caller News Foundation, reveal that Medicare Advantage (MA) plans reported a Medical Loss Ratio (MLR) of nearly 90% for 2023. However, according to their own […]
Legislation approved to protect consumers from AI data center expenses
5 Midterm Races That Could Influence the AI Boom A growing opposition to data centers is emerging locally, presenting a potential challenge to the booming artificial intelligence sector as the midterm elections approach. According to Morgan Stanley, there are five major races where candidates are suggesting new regulations and moratoriums on data centers. The U.S. […]
The decision by the Trump administration to eliminate subsidies for Medicare drug plans may lead to higher costs for consumers.
The end of certain subsidies by the Trump administration is set to impact Medicare drug coverage costs. This move could lead to an increase in Medicare Part D premiums for millions in 2027. A key stipulation of the Inflation Control Act of 2022 is that, beginning in 2025, Medicare patients will have their out-of-pocket drug […]
One-third of American Consumers Utilize Credit Card Installments
Buy now, pay later (BNPL) was initially thought to siphon customers away from credit cards. However, it seems that credit cards are now incorporating aspects of BNPL. A recent study featured in the Pay Later Ecosystem Report by PYMNTS Intelligence indicates that more consumers are opting for installment plans attached to their credit cards. This […]