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Settle in for a 3-5 minute read. We’ve got a lot of good stuff for you to read and enjoy.
Good morning, Patriots! Today, we highlight Donald Trump’s public support for dockworkers and the Federal Trade Commission’s legal action against a major liquor distributor accused of hurting small businesses. Let’s dive in..
Cartoon of the Day
Trump Offers Public Support to Dockworkers Union in Labor Standoff
Former President Donald Trump has voiced strong support for dockworkers embroiled in a high-stakes labor dispute on the West Coast. Trump, who has long championed American workers, criticized large corporations for exploiting labor while reaping record profits.
His comments have drawn praise from union leaders who see his intervention as a rallying cry for fair treatment. The dockworkers’ standoff could have significant implications for U.S. supply chains and international trade.
FTC Alleges Top Liquor Distributor Favored Big Chains Over Small Businesses
The Federal Trade Commission (FTC) has launched a lawsuit against a major liquor distributor, accusing it of favoring retail giants like Costco and Kroger over small businesses. The suit alleges that preferential pricing practices have created unfair competition, putting local liquor stores at a disadvantage.
Critics of the distributor claim this is another example of large corporations squeezing out small businesses, while supporters argue the discounts are standard industry practice. The case could set a precedent for how distributors manage partnerships with retailers.
Economic Watch
The retail sector reports a 0.7% sales increase in December, buoyed by holiday shopping. Analysts, however, caution that rising credit card debt and interest rates could lead to slower spending in early 2025.
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