financetom
Economy
financetom
/
Economy
/
Kamala Harris vows to combat price gouging, bring down costs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kamala Harris vows to combat price gouging, bring down costs
Jul 30, 2024 4:56 PM

ATLANTA (Reuters) - U.S. Vice President Kamala Harris pledged to battle price gouging, bring down costs and ban hidden bank fees if she wins a Nov. 5 general election in which she is the Democrats' likely presidential nominee.

"On day one, I will take on price gouging and bring down costs," Harris told a political rally in Atlanta. "We will ban more of those hidden fees and surprise late charges that banks and other companies use to pad their profits."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Dollar Rises Early Monday, Focus on FOMC, July Employment Report
US Dollar Rises Early Monday, Focus on FOMC, July Employment Report
Jul 29, 2024
07:40 AM EDT, 07/29/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Monday, except for a decline versus the yen, as markets face a busy week that includes the Federal Open Market Committee meeting and the employment report for July. The week starts out light with the Dallas Federal Reserve's manufacturing reading for July at...
Federal Reserve 'Moving Closer To A Rate Cut' Amid Softening Economy And Inflation Trends: Report
Federal Reserve 'Moving Closer To A Rate Cut' Amid Softening Economy And Inflation Trends: Report
Jul 29, 2024
The Federal Reserve is anticipated to maintain its current interest rates, but a potential rate cut in September is on the horizon. This is due to favorable changes in U.S. inflation and a softening labor market. What Happened: The Federal Open Market Committee is expected to keep the benchmark interest rate at 5.25% to 5.50% when it concludes its two-day...
Fed likely to hold rates steady one last time as inflation fight finale unfolds
Fed likely to hold rates steady one last time as inflation fight finale unfolds
Jul 29, 2024
WASHINGTON (Reuters) - The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank's 2% target. Policymakers in advance of the July 30-31 meeting were reluctant to commit to the timing...
Explainer-The Fed nears its 2% solution after a punishing bout of rising prices
Explainer-The Fed nears its 2% solution after a punishing bout of rising prices
Jul 29, 2024
WASHINGTON (Reuters) - Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September. While it may take a while for the pace of price increases to fall all the way to 2% - and policymakers will be sensitive to signs inflation is taking off again - the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved