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The first chart shows an inelastic demand curve, which is characterized by the fact that large changes in price do not change the quantity demanded very much. In this case, the main effect is that ...

President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...

Congresswoman Alexandria Ocasio-Cortez slammed President Trump's tariff threat on Colombia, arguing it would raise the price ...

When you hear of the terms AOC, DOC, DOCG, what comes to mind? French and Italian wines, cheese, and other produce that are priced at a premium. When you use the word “champagne” for any sparkling ...

Flight passengers are doing whatever it takes to get complimentary “pre-flight booze,” even if it means taking someone’s seat ...

Rep. Alexandria Ocasio-Cortez (D-NY) is not taking the start of President Donald Trump's second term very well.

Donald Trump is no longer expected to impose a 25 percent tariff on Colombian imports after President Gustavo Petro accepted flights of deported migrants from the U.S.

Rep. Alexandria Ocasio-Cortez (D-N.Y.) said amid fears of a trade war with Colombia on Sunday that President Trump is making ...

N.Y., voiced her concerns about tariffs on Colombian imports that Trump has proposed, claiming they would hurt Americans.

Alexandria Ocasio-Cortez rages about coffee prices after Trump and the President of Colombia squared off on deportations and tariffs.