Private Credit Market Surpasses Junk Bond Market Amid Rising Concerns
The private credit sector has expanded rapidly to exceed the size of junk bonds, raising questions about its growth drivers, risks, and impact on…
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Business
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FTC Takes Action Against False “Made in USA” Product Claims
The FTC announced enforcement actions against three companies for misleading advertising and labeling products as “Made in the USA” when they contained imported components
FTC Bars Forever Living from Making False Earnings Claims
The FTC has ordered Forever Living and its executives to stop deceptive claims that misled participants about their potential income from the multilevel marketing…
FTC Orders Rollins to End Noncompete Agreements for 18,000 Workers
The Federal Trade Commission directs Rollins, Inc. to stop enforcing noncompete clauses, aiming to improve worker mobility and competition in the pest-control industry
USA Rare Earth to Acquire Brazil’s Serra Verde for $2.8 Billion
USA Rare Earth announced a $2.8 billion acquisition of Brazil’s Serra Verde Group to boost its rare-earth element supply and challenge China's market dominance
FTC Reaches Preliminary Settlement to Restore Texas Anesthesia Competition
The Federal Trade Commission has secured an initial agreement with U.S. Anesthesia Partners to end a decade-long consolidation that reduced competition and raised prices…
Chevron CEO Says U.S. Naval Escorts Likely Needed to Secure Strait of Hormuz Passage
Chevron’s CEO Mike Wirth says naval escorts will probably be required to ensure safe commercial shipping through the Strait of Hormuz amid ongoing regional…
Iran War Pushes U.S. Inflation Higher, Economic Impact Likely Through 2026
The Iran conflict has driven up oil prices and inflation, causing sustained economic consequences that could slow U.S. growth and keep costs elevated through…
IEA Projects Global Natural Gas Tightness for Two Years Due to Iran Conflict
The International Energy Agency warns that disruptions from the Iran war will restrict global natural gas supplies and delay LNG capacity growth through 2027
Trader Joe’s Faces Lawsuit Over Alleged Misleading Caffeine Levels in Coffee
A class-action lawsuit accuses Trader Joe’s of misleading customers by not disclosing lower caffeine content in its French Roast Low Acid coffee