A bipartisan group of lawmakers is set to reintroduce a bill to rein in price gouging by military contractors, CBS News has learned. The Stop Price Gouging the Military Act, first introduced by Sen.

A bipartisan group of U.S. senators asked the Department of Defense to launch an investigation into longstanding price gouging by defense contractors Wednesday. In a letter to Secretary of Defense ...

The California Energy Commission voted on Friday to suspend its ability to impose a profit cap on gasoline refiners for the next five years. The ability to set this cap, sometimes described as a price ...

Vice President Kamala Harris said Wednesday night in her first major one-on-one interview as Democratic nominee that she is “going to go after” companies that price gouge, doubling down on the ...

Vice President Kamala Harris on Wednesday acknowledged that corporate price gouging is not widespread, despite her campaign’s instance that it’s rampant and tackling it would bring down costs for ...

(The Hill) — Sen. Elizabeth Warren (D-Mass.) signaled she’s not only concerned by the sweeping tariffs President Trump ordered on imports from world trade partners, but also by the opportunity it ...

President Biden criticized companies that have failed to bring prices down even as inflation eases. He accused companies that take advantage of inflation to boost profits of price gouging. The White ...

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Brian Lund, president and owner of Sydney-based Brilun Construction Ltd., was upset to hear CBRM’s District 1 councillor, ...