Business Maverick: Warren Bill Would Require Companies to Explain Price Hikes

Legislation she’s drafted, obtained by Bloomberg News, would allow the Federal Trade Commission and state attorneys general more leeway to investigate sellers that charge excessive prices. The legislation also clarifies that price gouging anywhere in the supply chain is illegal.Warren’s bill is being introduced as consumer prices have been rising at the fastest rate in decades.

The US consumer price index rose 8.3% on an annual basis last month, the government reported Wednesday. The data indicated that the rising cost of shelter, food, airfare and new vehicles are among the biggest contributors to the elevated inflation, which may continue for months.The legislation would give the FTC even broader powers than those in a plan Senate Majority Leader Chuck Schumer released last month to go after gasoline price manipulation. That bill also faces long odds in the Senate.

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Business Maverick: House approves $40 billion Ukraine aid bill, sends to senateThe US House on Tuesday night approved a more than $40 billion emergency Ukraine spending bill that pays for new weapons and provides economic and humanitarian assistance. • There’s no greater joy than having financial freedom and a life free of debts, that’s why I keep posting comments about Brian_Meadors0 who guided me trading online
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BUSINESS MAVERICK: Cartoon Thursday with RicoDefend Truth
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Business Maverick: Russia Curbs Gas Supplies to Germany in Warning for EuropeGermany said Russia is using energy as a “weapon” after Moscow reduced natural gas supplies in retaliation for Europe’s penalties over the war in Ukraine. The US is using the EU to engage in a proxy war with Russia with the aim of regime change. Ukraine is just the means, they don’t care about any Ukrainiens or protecting the so called democracy. War is big business for the US and they will prolong it as much as possible…$$$ Germany must just drill with an articulated drill into the same gas source! It belongs to everyone not only the Russians!
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