Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
Category: Consumer Protection
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MAHA Awaits Robert F. Kennedy Jr.’s Definition of Ultraprocessed Foods
Some yogurts and peanut butters could be considered ultraprocessed as scientists and MAHA supporters push for a strict definition.
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Over 200,000 Heated Socks Sold at Costco Recalled After Reports of Burns
The socks, from the brand 32 Degrees, were linked to reports of first- and second-degree burns, according to U.S. product safety regulators.
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Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
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A $440,000 Breast Reduction: How Doctors Cashed In on the No Surprises Act and Arbitration
A law meant to end surprise medical billing accidentally created a multibillion-dollar industry that is making doctors richer.
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Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
AT&T and Verizon were penalized millions of dollars for what the agency said was a failure to protect consumer information. The companies say they were deprived of their right to a jury trial.
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FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes
The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell.
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10 Million Grill Brushes Recalled After Some People Ingested Loose Bristles
In at least five cases, customers sought medical attention to remove bristles “from their digestive tract or throat,” a federal agency said.
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As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.