Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
Category: Law and Legislation
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The Fed Is Waiting and Watching an Uncertain Economy
Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at current levels.
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Interest in Law School Is Surging. A.I. Makes the Payoff Less Certain.
The number of applicants has risen more than 40 percent over the last two years, despite new limits on student loans and uncertainty over how artificial intelligence will affect legal work.
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Two Ohio Nursing Programs Show What Could Happen as US Limits Student Borrowing
Two different nursing school programs in Ohio offer a glimpse into what may happen when federal student borrowing has limits.
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4 Takeaways from Supreme Court Hearing on Trump’s Firing of Fed Official
The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
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Job Applicants Sue A.I. Recruitment Tool Company
A recently filed lawsuit claims the ratings assigned by A.I. screening software are similar to those of a credit agency and should be subject to the same laws.
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Coinbase, the Biggest U.S. Crypto Company, Asserts Its Power in Washington
The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.
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Coinbase and the Crypto Revolt Against a Crypto Bill
Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
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Why Banks Are So Worried About a 10% Credit Card Rate Cap
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
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Republicans Advance Stock-Trading Bill With Limited Restrictions
The bill would allow lawmakers to keep their existing stock and continue to sell it if they provide seven to 14 days of notice. Democrats called it a “gift to insider traders.”
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.