Trump wants to end penny production. Will it affect consumers?
O'Leary Ventures Chairman Kevin O'Leary shares whether he is interested in President Donald Trump's tariffs on steel and aluminum, the fate of US Penny, and whether he is interested in handling Tiktok sales. President Donald Trump is about to end production of new pennys and recently told Treasury Secretary Scott Bescent to make it happen. […]
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 […]
New Data: Financially Strapped Consumers Move to Credit Card Alternatives – PYMNTS.com
Consumers can't spend money they don't have, and for now, many have run out of cash. The winner is the lender who gives the end user consumers what they want. In order to provide a necessity for the background of the inflation continues and the income continues to stagnate relatively stagnation, it is increasingly important […]
American Industries, Trade Groups and Consumers Buckle Up Following Opening Salvo Of Trump Tariffs, Trade War
American industries, profit organizations, and consumers have endured the influence of new tariffs on the Trump administration to three major trading opponents on Saturdays. President Donald Trump announcement “25 % of additional tariffs on imports from Canada and Mexico and 10 % of imports on imports from China”, and the “National Emergency Sites”, which crossed […]
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 […]
Apple Reaches $95M Settlement Over Lawsuit Accusing ‘Siri’ Of Eavesdropping On Consumers
A man checks his cell phone at an Apple retail store in Grand Central Terminal on January 29, 2019 in New York City. (Photo by Drew Angerer/Getty Images) OAN Staff Blake Wolf3:57 PM – Friday, January 3, 2025 Apple will pay $95 million to settle a lawsuit accusing the company of using its artificial intelligence […]
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 […]