The Trump administration wants to exclude earnings from “pornographic activity” from a new tax break for tips. Will the I.R.S. know it when it sees it?
Category: Regulation and Deregulation of Industry
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
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N.Y. Law Could Set Stage for A.I. Regulation’s Next ‘Big Battleground’
The new law seeks to prevent retailers from ripping off consumers by using artificial intelligence and their personal data to charge them higher prices.
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F.D.A. Attributes 10 Children’s Deaths to Covid Vaccines
The agency’s top vaccine regulator said that a review had found that the children were likely to have died “because of” the shots. But public health experts want to examine the data.
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Sean Duffy Longs for the ‘Golden Days’ of Air Travel. What Was That Like?
Back in the ’50s and ’60s, passengers (well-dressed, of course, and with perfect manners) could count on hot meals on china, plenty of legroom, the occasional piano bar, even wool blankets. Those days are gone.
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Market Volatility Underscores Epic Buildup of Global Risk
Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises.
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Boeing Tackles Quality With a ‘War on Defects’
Two years after a panel flew off a 737 Max, Boeing is doing more inspections, completing work in its intended order and making other changes. Can the company keep it up?
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Consumer Bureau’s Bank Examiners Criticize New ‘Humility Pledge’
The Consumer Financial Protection Bureau said it would require a vow to “work collaboratively” with companies before beginning a review.
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Thousands of French Brands Sue Shein, Accusing It of Unfair Competition
The class-action lawsuit is the latest push against the Chinese retailer in France, where protests outside its first store broke out earlier this month.
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Top Fed Official Boosts Odds of a December Rate Cut
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’
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Botulism Bacteria Found in Infant Formula, ByHeart Confirms
ByHeart, the maker of the product, has been linked to an outbreak of illnesses among infants that led to their hospitalizations.