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Consumer Borrowing Screeches To A Halt

Americans largely stopped adding debt to household balance sheets in December, according to data released Wednesday by the Federal Reserve. Total consumer credit increased by a seasonally adjusted $1.5 billion in December. Economists had expected consumer debt to rise tenfold. Consumer credit increased by $23.4 billion in November. This was the lowest growth since August […]

Joe Biden’s antitrust halt of PGA-LIV merger is just par for the course

For those who love professional golf and want to see the best players play against each other every week, you better hope Donald Trump becomes the next president. It’s not just because the former president loves golf. That’s because the type of regulatory structure he would put in place if elected is a free-market type […]

Philips to halt sales of sleep apnea machines in US after recall

Philips announced Monday that it will stop selling its sleep apnea machines in the United States, more than two years after the Dutch manufacturer began recalling the ventilators due to potential health risks. This movement looks like this Phillips agreed to a consent decree Negotiations with the Food and Drug Administration and the Department of […]

Washington state sues to halt $25B Kroger-Albertsons merger

Washington state asks a judge to block a proposed $25 billion merger between two of the nation's largest grocery chains, Kroger and Albertsons, saying the new company would harm customers and raise prices. I asked for it. a lawsuit A lawsuit filed Monday in King County Superior Court seeks to block the proposed merger of […]