FTC Issues Warnings Over False “Made in USA” Product Claims
The FTC sent warning letters to seven companies for allegedly misrepresenting imported products as “Made in the USA” and one as “Made in Texas,”…
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Business
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Belgium’s Diamond Industry Presents Lavish Ring to President Trump
A diamond-encrusted ring symbolizing US-Belgian ties was gifted to President Trump amid recent tariff relief for Belgian diamonds entering the US market
How America’s Patent System Fueled Innovation and Industrial Growth
The U.S. patent system, established in 1790, provided a foundation for breakthroughs across agriculture, transportation, electricity, manufacturing, and energy, driving the nation's economic and…
Retailers and Services Adjust Hours for July 3 and July 4 Independence Day
Major retailers, delivery services, banks, and the stock market adjust hours for July 3 and 4, 2026, with many stores open on July 3…
Hopper to Pay $35 Million Over Hidden Fees and Deceptive Pricing Claims
Hopper will pay $35 million to settle FTC allegations for charging undisclosed fees and misleading consumers about total costs and service benefits on its…
Sony to End Physical PlayStation Game Discs by 2028
Sony will cease production of physical PlayStation game discs starting in 2028, shifting exclusively to digital game distribution through the PlayStation Store and retailers
New Trump Accounts Launch July 4 to Boost Kids’ Savings
Trump Accounts, tax-deferred investment accounts for children, launch July 4 with government seed funding and $5,000 annual contribution limits
Comcast Announces Plan to Spin Off NBCUniversal and Sky
Comcast plans to split into two companies by spinning off NBCUniversal and Sky, focusing separately on media and broadband businesses to boost growth and…
Modigliani Nude Sells for $63.9 Million, Sets European Auction Record
Amedeo Modigliani’s nude portrait sold for $63.9 million in London, driving a $392.6 million auction haul from Joe Lewis’s private art collection, a European…
David Autor Appointed Head of MIT Economics Department
David Autor, renowned labor economist, will lead MIT’s Economics Department starting July 1, focusing on AI-driven research and navigating fiscal challenges