Diesel prices in the U.S. are barreling toward a painful new milestone for the transportation industry: $6 a gallon, a surge experts said is likely to have ripple effects for consumers as businesses pass on their higher energy costs. The national average for a gallon of diesel on Thursday rose to $5.98, up 61% from…
The Federal Trade Commission and 22 states on Monday sued Amazon over allegations that the e-commerce giant secretly inflated prices in its online search advertising auctions, potentially costing customers tens of billions of dollars. The lawsuit alleges that the undisclosed surcharges were applied for seven years, increasing the prices that more than 1 million Amazon…
As a budding trade war between the U.S. and Canada sparks a round of cross-border insults, the leader of Canada’s largest province told CBS News he’s hopeful that Canadian officials and President Trump’s team can reach an agreement — but cautioned that “no deal is better than a bad deal.” “He’s treating us like we’re…
Sen. Elizabeth Warren is pressing companies entitled to refunds for illegal U.S. tariffs to return the money they are recouping directly to consumers. Warren, a Democrat from Massachusetts, on Friday sent letters to Apple, Amazon, Energizer, Motorola, Nike, Target and Walmart seeking information about the size of the refunds they are receiving for import duties…
