Why we’re suing Team Biden to lower Americans’ prescription-drug costs
|

Why we’re suing Team Biden to lower Americans’ prescription-drug costs

ByNews Polite

Does President Joe Biden actually care about lowering prescription-drug costs? In a speech last week in Las Vegas, he touted his efforts to make prescription drugs more affordable, mostly through federal coercion and threats to pharmaceutical companies. Yet the president is simultaneously refusing to implement a Trump-era rule that would help lower…

US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts
|

US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts

ByNews Polite

Shoppers will find fewer discounts on everything from toys to tortillas as companies increasingly set minimum prices on their goods to maintain profits and limit price cutting by retailers like Walmart and Amazon. For many years, manufacturers set the lowest price at which retailers could advertise certain big-ticket items like TVs. They…

Consumer prices — a key inflation gauge — hotter than expected in August
|

Consumer prices — a key inflation gauge — hotter than expected in August

ByNews Polite

A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…