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‘Upflation’ driving up prices for odd products like all-body deodorant

Consumer goods companies are charging exorbitant prices for exotic personal-care products like body deodorant and pubic-hair razors, an unwelcome new trend in retail known as “upflation.” Unlike “shrinkflation,” where companies reduce the size and quantity of items in a package while keeping the price roughly the same, “upflation” describes the fee shoppers are charged for […]

REPORT: First Menthol Vapes, Altria’s NJOY Products Get FDA Approval

NJOY, an e-cigarette manufacturer under the Altria Group, was awarded US approval Friday by the Food and Drug Administration (FDA). Four menthol-flavored NJOY products were approved by the FDA, two of them disposable and two others in NJOY’s ace model that use refillable pods, according to a press release. NJOY displayed evidence to the FDA […]

Tom Brady teams up with delivery service Gopuff, selling TB12, health products

Legendary NFL quarterback Tom Brady is a guy who’s always on the go, so he wants things done quickly and easily. So Brady’s latest partnership, with instant commerce giant Gopuff, was announced on Thursday. For those unfamiliar with Gopuff, the instant commerce platform is built around fast delivery, connecting thousands of consumers every day with […]

Flying with marijuana: Will TSA stop you for edibles, CBD products in your luggage?

(NEXSTAR) — It’s already a busy time for travel this summer — the Transportation Security Administration (TSA) Reports As of early June, seven of the agency’s 10 busiest travel days occurred in 2024, meaning there’s a good chance people will be going through airport security checks soon. There are a lot of items you’re allowed […]

Buy now, pay later products to be treated like credit cards, CFPB says

The CFPB said BNPL lenders will be treated similarly to credit cards. (iStock) The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to buy now, pay later (BNPL) products. As a result, according to the CFPB, BNPL lenders must comply with the federal Truth in Lending Act (TILA) and Regulation Z rules that […]

Consumers want credit products despite high interest rates: TransUnion

Consumers’ access to credit is expanding as their appetite for debt soars, according to a recent TransUnion report. (iStock) A recent report from TransUnion found that the high interest rate environment has done little to reduce demand for credit products. According to the report, there will be more than 543 million bank cards in consumers’ […]

FDA rescinds ban on Juul products

The Food and Drug Administration (FDA) has announced that it will lift its ban on the sale of Juul e-cigarettes in light of new legal precedent. Nearly two years ago, the FDA banned the sale and marketing of Juul’s e-cigarette products, saying at the time that the company had failed to demonstrate that allowing their […]