price gouging

Sen. Elizabeth Warren (D-Mass.) has expressed support for Vice President Kamala Harris’ proposed measures to combat corporate price-gouging, contrasting it with former President Donald Trump’s economic strategy. What Happened: On Tuesday, Warren took to X to voice her endorsement of...

Vivek Ramaswamy, a former Republican presidential candidate and Donald Trump rival, criticized Kamala Harris‘ economic agenda, particularly her proposed price controls, citing the failures of such policies in other countries. What Happened: Ramaswamy voiced his concerns about the potential...

The food industry is rejecting Vice President Kamala Harris‘ proposal for a federal ban on price gouging by grocery stores. The plan calls for increased scrutiny of potential mergers between large supermarkets and food producers, as well as a federal ban on price hikes. "We understand why...

In an unprecedented move, Vice President Kamala Harris is set to propose a federal ban on corporate price-gouging within the food and grocery sectors. What Happened: The Harris campaign is planning to announce the proposed ban as part of a wider economic policy platform. The Democratic presidential...

Aircraft manufacturer Boeing (NYSE: BA) is experiencing an uplift in business to convert former passenger planes for all-cargo operations. "Strong demand is driven by customers transitioning to newer-generation freighters and choosing a Boeing converted freighter (BCF) as a cost-efficient...

A maskmaker company 3M Co. (NYSE: MMM) has sued a third-party seller on Amazon.com Inc.'s (NASDAQ: AMZN) e-commerce platform for engaging in price gouging of its products. What Happened A California individual, Mao Yu, and his affiliate companies, sold 3M's N95 masks for $23.21...

Amazon.com Inc. (NASDAQ: AMZN) is calling for the United States government to make laws against price gouging among sellers during national emergencies. Easier To Stop Price Gouging In States With Relevant Laws In a blog post on Wednesday, the e-commerce company's Vice President for Public...

Dozens of pharmaceutical shares spiked down Wednesday after President-elect Donald Trump alluded to potential tightening of industry regulation. At his scheduled press conference, Trump said the pharmaceutical industry is “getting away with murder” in terms of product pricing. He...

Brand-name prescription drug prices have skyrocketed over the past five years, coming in twice as expensive as the prices in 2011. Express Scripts Holding Company (NASDAQ: ESRX), the United States' largest pharmacy conglomerate, compiled the data and came to the initial findings regarding...

Amid political grandstanding and valuation concerns, among other factors, the once high-flying healthcare sector has swiftly reversed course for the worse in recent weeks. The pain has been especially acute for biotechnology equities and exchange-traded funds. Over the past month, four of the...