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"The results of this study support health warnings that there is no safe level of exposure to tobacco smoke," the study's lead author says in a National Institutes of Health news release

Proposition 118 creates a massive new payroll tax, which will generate $1.2 billion in revenues by fiscal year 202324

Yet to Act on E-Cigarette User Fees In November 2025, as part of the legislation that ended the 43-day government shutdown, Congress passed, and President Trump signed into law, the fiscal year 2026 Agriculture-FDA bill that includes funding for FDAs CTP

Smoking became embedded in various cultures, celebrated in art, literature, and social rituals

Historically, tobacco companies have delivered relatively resilient earnings through economic cycles, supported by strong pricing power and brand loyalty