Menthol and other non-tobacco product purchases comprise half of purchases. The Federal Trade Commission (FTC) recently released a Cigarette Report that provides data on industry sales in 2022.…
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Secretary Blinken Co-Hosts Asia-Pacific Economic Meetings
Joins U.S. trade representative in San Francisco for the summit. The Department of State announced that Secretary of State Antony Blinken is co-hosting the APEC Ministerial Meeting with…
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Interest on National Debt Now the Top Budget Expense
Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…
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Transportation Secretary Visits Ukraine
Seeks to hasten “economic self-sufficiency.” The Department of Transportation announced Secretary Buttigieg’s surprise visit to Ukraine last week, saying that he met with leaders there to help “return…
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Presidents Biden and Xi to Meet Wednesday
They will discuss “a range of regional, global, and transnational issues.” A meeting is scheduled for Wednesday in the San Francisco Bay area between President Joe Biden and…
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USDA Announces Grants for Forestry and Wood Sector Development
The department is accepting project proposals strengthening links between stages of production. The U.S. Department of Agriculture (USDA) has opened applications for $50 million in grants dedicated to…
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Senators Ask Transportation Department About Frequent Flyer Practices
Airlines have reportedly changed point systems in ways that make rewards more difficult to achieve. Senators Dick Durbin of Illinois and Roger Marshall of Kansas have requested the…
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Federal Reserve Keeps Interest Rate Unchanged
They leave the door open for future rate hikes. The Federal Reserve determined to keep its benchmark interest rate at about 5.4 percent this past week, the highest…
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Supreme Court Dismisses Challenge to Steel Import Tariffs
2018 tariff imposed for national security and to boost domestic manufacturing. The Supreme Court dismissed a lawsuit that sought to invalidate a 25 percent tariff on certain steel…
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Advocacy Groups Urge DOJ to Rescind “Safe Harbor” Merger Policy
The policy offers protection from prosecution to companies that self-report misconduct. Attorney General Merrick Garland received a letter this week from 14 nonprofits and lobbying groups. They urge…
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