On Friday’s broadcast of Fox News Radio’s “Guy Benson Show,” Sen. Ted Cruz (R-TX) mocked President Joe Biden and Democrats for blaming inflation, particularly in gas prices on price gouging by stating that in order to buy that excuse, you’d
On Friday’s broadcast of MSNBC’s “Jose Diaz-Balart Reports,” Rep. Jamaal Bowman (D-NY) urged the cancellation of student loan debt because doing so would inject more capital into the economy, but cautioned that “we need to make sure we hold corporations
Bruce Springsteen’s longtime manager Jon Landau is now defending those $4,300 ticket prices.
On Thursday’s broadcast of CNN’s “Early Start,” Moody’s Analytics Chief Economist Mark Zandi stated that he doesn’t give any weight to the argument that price gouging is causing inflation and argued that profits by oil companies “have a purpose. They’re
On Tuesday’s broadcast of C-SPAN’s “Washington Journal,” Moody’s Analytics Chief Economist Mark Zandi stated that price gouging is not “a significant factor here in the high inflation that we’re observing,” and “I don’t think the reason why consumer price inflation
On Monday’s broadcast of MSNBC’s “MTP Daily,” Senate Majority Whip Sen. Dick Durbin (D-IL) stated that “we’re dealing with a transitional economy, coming from a shutdown economy under COVID-19, reemerging, creation of jobs at record levels, but with it, comes
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that blaming inflation on price gouging
On Tuesday’s broadcast of MSNBC’s “Katy Tur Reports,” Energy Secretary Jennifer Granholm stated that whether price gouging is increasing the price of gas is “absolutely worth looking at.” But “I’m not saying that everybody is gouging, but certainly, it deserves
On Wednesday’s “CNN Newsroom,” Rep. Jamaal Bowman (D-NY) argued that “price gouging is a major part of inflation,” and there needs to be accountability for “not just large corporations, but wealthy individuals who continue to profit off of COVID and
On Friday’s broadcast of C-SPAN’s “Washington Journal,” Rep. Mark Pocan (D-WI) said there has been price gouging “by oil companies for over a year now.” And that the significant drop in the price of oil after President Joe Biden announced
On Friday’s broadcast of MSNBC’s “Morning Joe,” House Democratic Caucus Chair Rep. Hakeem Jeffries (D-NY) said that there are price pressures, “particularly related to food prices, increases in gas prices, exacerbated by Putin’s unjustified war in Ukraine.” And that “Greed
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Sen. Joe Manchin (D-WV) reacted to President Joe Biden blaming Vladimir Putin for inflation and high gas prices and Democrats in Congress blaming oil companies by stating that the U.S.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that the core issue with
On Monday’s “CNN Newsroom,” Rep. John Garamendi (D-CA) called for “immediate” Congressional hearings in both the House and the Senate on the profitability of the oil industry because “There is clearly price gouging” by the oil industry, and stated while
On Wednesday’s broadcast of MSNBC’s “The ReidOut,” Sen. Elizabeth Warren (D-MA) argued that if “this were just ordinary inflation, we might see prices go up. But prices at the pump have gone up,” because the increase in gas prices “isn’t
Multiple media outlets confirmed on Wednesday and Thursday the growing presence of impromptu vendors this week in and around Kabul’s international airport, selling basics like food and water for outrageous prices and refusing to accept payment not in U.S. dollars.
3M has reportedly filed a lawsuit against a merchant on Amazon selling the company’s masks for more than 18 times their list price. The target of the lawsuit, Mao Yu and his affiliated companies, made $350,000 selling the masks.
Federal prosecutors say a New York City man coughed on FBI agents and claimed to have the Chinese coronavirus as they arrested him for price gouging on medical supplies.
Amazon announced this week that it has kicked almost 4,000 sellers off of its platform for price gouging on emergency items during the Wuhan coronavirus pandemic.
“This sends a strong message – we will not let those hoarding vital supplies and price gougers to harm the health of America in this hour of need,” White House press secretary Stephanie Grisham said in a statement.
White House trade adviser Peter Navarro said brokers hoarding supplies to price gouge Americans will not be let off the hook during the Chinese coronavirus crisis.
Despite a warning by Texas Attorney General Ken Paxton that price gouging related to the Chinese coronavirus will be prosecuted, more than 300 complaints have been filed as of Friday.
The Michigan Department of Attorney General issued a “cease and desist” letter on Tuesday to the home improvement chain Menards after the attorney general claimed the company was “price gouging” face masks, cleaning products, and other items related to the coronavirus pandemic.
Two brothers are now under investigation in Hixson, Tennesee, for allegedly trying to resell antibacterial products on Amazon for profit during the Chinese coronavirus pandemic.
A man with a huge amount of hand sanitizer in Chattanooga, Tennessee, was recently barred from selling it online.
It is the practice of legalized price gouging; making a killing under a system that has been thoroughly warped and corrupted by government public policy and by the rampant corporatizing of medical care in this country.
The State of Texas officially accused 127 gas stations of price gouging during the Hurricane Harvey disaster. This follows an investigation conducted into thousands of consumer complaints received by the Consumer Protection Division.
Spiking rents after the Wine Country fires could help Lieutenant Governor Gavin Newsom’s housing policies build support for his campaign for California governor.
Anyone who got behind the wheel in Dallas on Thursday morning saw unusually long lines at gas stations, higher prices, and “out of service” bags placed on pumps that ran out of gasoline altogether–but experts say there is no gas shortage in Dallas or Texas.
As Texas and Louisiana continue to suffer the results of Hurricane Harvey, experts warn that the devastation is likely to force a rise in prices at the pump throughout the country.
Texas lawyers are manning legal hotlines to assist victims of the disastrous storms and tornadoes in Texas.
