mastodon.world is one of the many independent Mastodon servers you can use to participate in the fediverse.
Generic Mastodon server for anyone to use.

Server stats:

9.7K
active users

#Consumers

10 posts8 participants1 post today
Continued thread

…Production #costs are only one factor shaping the #price of newer #medicines & it is unclear to what extent #tariffs on imported intermediate inputs or imported finished products would be passed forward to #consumers, the report said.

Tariffs on imported finished products could be passed through to consumers by the wholesale or retail distributors paying the tariff.

But if duties were fully passed on through higher prices on domestic sales, EY estimates US #DrugPrices could rise up to 12.9%.

BBC: MrBeast apologises after ‘horrible’ Las Vegas event. “The event at Resorts World Las Vegas was advertised as an ‘immersive’ and ‘unforgettable’ experience that included exclusive games, a MrBeast-themed menu and mystery bags thought to contain limited edition merchandise, including one with a $10,000 (£7,550) gift voucher. Those who attended the three-day event complained and demanded […]

https://rbfirehose.com/2025/04/20/bbc-mrbeast-apologises-after-horrible-las-vegas-event/

Continued thread

Judge #AmyBermanJackson of the Federal District Court in Washington said she intended to issue an order later on Friday preventing the #CFPB’s workers from being cut off from the agency’s system, as the agency’s leaders had planned. She said she intended to follow up later this month with a more extensive hearing on the planned #layoffs. Until then, they will not move forward, she said.

Continued thread

In court filings ahead of the hearing, Mark Paoletta, the bureau’s chief legal officer, defended the #purge, which he said would “right-size” an agency filled w/ “vast waste.” Paoletta said he & others had determined that it needed only 200 workers. Many legally required units — including those that focus on #FairLending, #StudentLoans & protections for older Americans — need only one! employee, he said.

#law#Trump#CFPB

After the #Trump admin sent termination notices on Thurs to 90% of employees at the #CFPB — some 1,500 people — Judge #AmyBermanJackson of the Federal District Court in Washington ordered a hearing at 11AM today. She is seeking to determine if the terminations violated an injunction she imposed barring agency ofcls from dismantling the bureau so completely that it cannot carry out its legally mandated duties.

Financial Times reported China can make American #consumers feel the pain of a #tradewar in variety of different ways heading into the summer months and holidays, noting that US #imports 80% of their #iPhones from #China with other key sectors of US consumer goods reflect a very high percentage of imports from China:
90% of #rareearthminerals in the US come from China
80% of air conditioners
80% of electric fans
75% of #toys
75% of #bicycles
50% antibiotics #pharma #medicine #healthcare #economy

Judge scraps US rule capping #CreditCard late fees at $8

U.S. District Judge Mark Pittman in Fort Worth, #Texas granted a joint request by #Trump’s #CFPB and a coalition of 6 business & banking groups [pretty much who the CFPB is supposed to be protecting #consumers from] including the US Chamber of #Commerce & American #Bankers Association to scrap the rule adopted during President Joe #Biden's administration.

#law #economy #PersonalFinance
reuters.com/business/finance/j