Gutierrez: US Has Gone Too Far With TariffsCarlos Gutierrez, former Commerce Secretary and CEO of Kellogg and author of Sheer Will, says trade under the Trump administration has become all-encompassing and can be used as part of geopolitical and political negotiations beyond trade itself. Gutierrez says the US has gone too far with tariffs and that easing them could help reduce inflationary…Bloomberg12h agoWhole story →EconomyCommerce
Trump uses DPA to give $150M for gas and diesel{beacon} Energy & Environment Energy & Environment The Big Story Trump uses DPA to give $150M for gas and diesel President Trump invoked the Defense Production Act on Thursday night, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer...The Hill12h agoWhole story →PlanetCommerce
Texas attorney general sues OpenAI for lying about ChatGPT safety and safeguardsTexas Attorney General Ken Paxton’s latest lawsuit against OpenAI and its CEO, Sam Altman, claims the company misled consumers about ChatGPT’s reliability, trustworthiness and safety, particularly for teenage users.Courthouse News Service13h agoWhole story →JusticeCommerce
Paxton sues OpenAI, Altman for failing to warn Texans about ChatGPT's 'dangers'Texas Attorney General Ken Paxton (R) sued OpenAI and its CEO Sam Altman on Friday, accusing the company of failing to warn consumers about the potential dangers from its AI models. The lawsuit alleges the ChatGPT maker is running afoul of a Texas consumer protection law and kids' online safety law, underscoring warnings about the...The Hill14h agoWhole story →JusticeCommerce
Texas becomes the latest state to sue OpenAI.Similar to the lawsuits filed by Arizona, West Virginia, Iowa, and several others, Texas Attorney General Ken Paxton accuses OpenAI of misleading users about the safety of ChatGPT, allegedly exposing children and other users to a “litany of harms” that’s “driven by the company’s insatiable quest to win the AI arms race and amass large fortunes.” [Link:…The Verge15h agoWhole story →JusticeCommerce
Nationwide recall on these compound GLP-1 drugsThe compounded GLP-1s are not FDA-approved nor name-brand.The Hill16h agoWhole story →CommerceHealth
Consumer Sentiment Data Another Sign Trump 'Affordability Crisis Is Getting Worse, Not Better'With early voting underway for the midterm elections and Democrats campaigning on how prices have soared under a Republican-controlled Congress and President Donald Trump, data released Friday show US consumer sentiment nearing an all-time low. The University of Michigan's Surveys of Consumers announced that its Consumer Sentiment Index dropped to 48…Common Dreams17h agoWhole story →EducationCommerce
Trump administration to push for new labels on seafoodThe Trump administration intends to push for new labels on seafood sold at grocery stores to give consumers a better idea of where products originated.CBS News19h agoWhole story →FoodCommerce
Everybody’s Business: The Political Beef Shaping the MidtermsWhen the cost of goods becomes too expensive, American consumers either stop buying something or replace it with something else. It's called “elastic demand.” But not when it comes to beef. Bloomberg's Deena Shanker joins Max Chafkin and Stacey Vanek Smith on the Everybody's Business podcast to talk about America's love of beef and how meat prices have…Bloomberg20h agoWhole story →CommerceGovernment
Fast-fashion group Shein agrees to pay $100 million to settle US FTC probeChinese fast-fashion giant Shein has agreed to pay $100 million to settle an investigation by the US Federal Trade Commission over delivery delays and other customer complaints, a source with direct knowledge told Reuters on Friday.Reuters21h agoWhole story →EconomyCommerce
What will Becerra and Hilton do on climate?California’s carbon market was supposed to help the state cut pollution and reach its ambitious zero-emissions climate goals. But 20 years after its creation, some environmental advocates argue recent changes to the program will greatly diminish its effectiveness, and the fallout could land at the feet of the next governor. As Emma Foehringer Merchant…CalMatters22h agoWhole story →PlanetCommerce
Women's soccer goes from bans to stadiums in SaudiWhile the paydays are still well short of those in the men’s league, clubs are luring foreign players with tax-free salaries and expat perks.Semafor22h agoWhole story →EconomyCommerce