A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data.
Category: Regulation and Deregulation of Industry
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Trump Administration Drops Biden Plan for Flight Delay Compensation
The Trump administration said it will withdraw former President Biden’s plan to require airlines to compensate passengers for carrier-caused disruptions.
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Google Search Monopoly Ruling Sends Signal for Big-Tech Antitrust Cases
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts.
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The Message for Big Tech in the Google Ruling: Play Nice, but Play On
A federal judge ordered steps in the search monopoly case that will restrain Google but not break it up, signaling a cautious antitrust approach by courts.
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F.D.A. Official Overruled Scientists on Wide Access to Covid Shots
The agency’s staff scientists pointed out how Covid was still unpredictable and posed a threat to toddlers, but the official decided to restrict shots only to children with risk factors.
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Did the Justice Department Just Spare Google? Investors Think So.
The nuclear option for addressing the tech giant’s search dominance — a break-up — is off the table. That’s lifting Big Tech stocks.
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Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated.
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Trump Family Profits Even With Tepid Launch of Crypto Tokens
World Liberty Financial’s cryptocurrency token fell short of investors’ hopes. But a previous deal paved the way for a payment to the Trump family of potentially hundreds of millions of dollars.
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How Trump Could Overhaul the Fed
The president wants to pack the central bank’s Board of Governors with loyalists, which would grant him greater sway over an institution that is supposed to be independent from the White House.
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Appeals Court Rules Against Many Trump Tariffs
The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.