Politics
Crypto Bill Stalls in the Senate as Democrats Balk
A first-of-its-kind bill to regulate parts of the cryptocurrency industry stalled in the Senate on Thursday, after Democrats blocked it…
Tag
Regulation and Deregulation of Industry
Business
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market…
Politics
Car Prices Expected to Rise as Tariffs on Parts Kick In
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
Politics
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and…
Politics
F.D.A. Scientists Are Reinstated at Agency Food Safety Labs
Federal health officials have reversed the decision to fire a few dozen scientists at the Food and Drug Administration’s food-safety labs,…
Politics
Trump and DOGE Are Planning Deregulation at a Massive Scale
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing…
Politics
House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturning a rule…
Politics
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower…
Business
FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug…
News
E.U. Prepares Major Penalties Against Elon Musk’s X
European Union regulators are preparing major penalties against Elon Musk’s social media platform, X, for breaking a landmark law to…
Business
Capital One Deal for Discover Clears Justice Dept. Hurdle
Capital One cleared a significant obstacle to its proposed acquisition of Discover Financial Services after the Justice Department told…
Politics
Trump Allies Grill PBS and NPR During Congress Hearing
Congressional Republicans laced into PBS and NPR on Wednesday, accusing the country’s biggest public media networks of institutional bias…
News
U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns
The Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American…
Business
Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the cryptocurrency company started by Donald J. Trump and his sons, announced on Tuesday that it was planning to…
Politics
PBS and NPR prepare for a showdown with Congress.
PBS is practicing answers with lawyers. NPR executives are preparing to monitor the fallout. Members of Congress are promoting the star…
Politics
Emboldened by Trump, A.I. Companies Lobby for Fewer Rules
For just over two years, technology leaders at the forefront of developing artificial intelligence had made an unusual request of…
Politics
Trump Campaign Aide Chris LaCivita Sues The Daily Beast for Defamation
One of President Trump’s former campaign managers, Chris LaCivita, on Monday filed a defamation lawsuit against The Daily Beast over its…
Business
Fannie Mae, Freddie Mac Regulator Puts 35 Workers on Leave
The newly appointed head of one of the nation’s top housing regulators is moving quickly to reshape not only the agency but also Fannie…
Business
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
Americans Are Expecting Higher Prices. That Could Unnerve the Fed.
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Politics
Trump and Paramount Seek Mediator for CBS News Lawsuit
Lawyers for Paramount and President Trump have agreed to appoint a mediator in his $20 billion lawsuit against CBS, according to two…
Business
Dr. Oz: How His Millions Collide With Medicare
Dr. Mehmet Oz, the celebrity TV doctor nominated by President Trump to oversee Medicare and Medicaid, has been a relentless promoter of…
Business
Human Therapists Prepare for Battle Against A.I. Pretenders
The nation’s largest association of psychologists this month warned federal regulators that A.I. chatbots “masquerading” as therapists,…