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FTC said to be reviewing “deceptive” Amazon pricing

The Federal Trade Commission is reportedly looking into whether Amazon’s discounts are as good as they seem.  As part of the FTC’s review of Amazon’s (AMZN) agreement to buy Whole Foods (WFM), the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, Reuters reports, citing a source close to the probe. The FTC and Amazon didn’t immediately return requests for comment.  The probe is based on a complaint from the advocacy group Consumer Watchdog, Reuters said. The consumer group earlier this month published a…

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White House Boasts of Its Savings in Regulatory Rollback

The rollback has been met with strong resistance from critics who say the administration is overlooking health and environmental benefits of regulations in order to appease businesses, which often bear the financial costs of complying with rules. The critics have also raised concerns about a lack of transparency in the deregulation process. An analysis published on Wednesday by the Center for Progressive Reform, a liberal think tank, showed a pattern of delaying regulations in the pipeline since Mr. Trump’s inauguration in January. The study found that 42 rules had been…

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De Blasio, in ‘Cultural Plan,’ Proposes Linking Arts Money to Diversity

Labeled “the first comprehensive cultural plan in New York City history,” the 175-page report is also a political document by a mayor who has made equity a campaign theme as he seeks re-election. For now, the plan calls for maintaining city funding for New York’s most popular museums, allaying concerns that some of their subsidies would be redirected to smaller arts organizations. Mr. de Blasio on Wednesday also pledged to increase money for those less prominent groups, many in neighborhoods outside Manhattan. The something-for-everyone nature of the plan avoids hard…

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These leftover 2017 cars offer some tasty bargains

Buying a new car, truck or SUV that’s about to be replaced by a new, redesigned model might seem like a bad idea. Actually, it’s one of the best times to negotiate a good deal, according to an analysis by Edmunds.com Dealers are eager to clear out the current models before the new versions arrive, so you can use that leverage to negotiate a favorable price. Just because a current model is about to be replaced doesn’t mean it shouldn’t be on your shopping list, said Edmunds. Great deals await…

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