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What is price gouging? There is no strict definition that economists would agree on, but it generally refers to spikes in prices that typically follow a disruption in supply, such as after a ...
Unlike changes in the demand curve -- like an increase in a product's or substitute product's price, or changes in consumer tastes, preferences and expectations -- price gouging happens when ...
Research from the San Francisco Federal Reserve suggests alleged corporate price gouging was not a primary catalyst for the inflation surge that began in 2021, while progressive-leaning think ...
Vice President Kamala Harris on Friday is expected to call for a federal ban on price gouging to lower grocery prices and everyday costs for Americans in her first economic policy speech in ...
In 2020, when Harris was a U.S. senator, she co-sponsored legislation that would have defined price gouging in an emergency as charging more than 10 percent above the previous average price.
The Democratic presidential nominee’s new plan to tackle price gouging would especially benefit Black households, who data shows for years have faced higher and more volatile inflation compared ...
Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday.
A potential federal ban on price gouging by groceries would have many state-level models to borrow from. Former President Donald Trump has blasted his rival’s call for a federal ban on food ...