Category: Regulation and Deregulation of Industry

Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook

The New York Times – Business:
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
Jamie Dimon Cites Risks From War, Private Credit, Inflation and More

The New York Times – Business:
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, said investors and businesses faced a series of challenges.
‘Under Protest,’ Raw Dairy Farm Recalls Cheddar Linked to 9 E. Coli Cases

The New York Times – Business:
Raw Farm, a dairy producer in California, denies that its products have caused the outbreak, which has sickened people in three states.
Republicans Seek Protections for Oil Giants Against Climate Lawsuits

The New York Times – Business:
Utah passed a law to insulate oil companies against efforts to make them pay for their role in global warming. A nationwide version is in the works.
Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion

The New York Times – Business:
Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug.
FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes

The New York Times – Business:
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.
Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law

The New York Times – Business:
Lawmakers have asked the Treasury Department for information on how Mr. Musk may have influenced the decision to end enforcement of the Corporate Transparency Act.
From Foe to Ally: The S.E.C. Is Now Writing Crypto-Friendly Policies

The New York Times – Business:
The embrace of crypto by financial regulators under President Trump has entered a new, cozier phase.
Private-Credit Wobbles Could Prove Perilous for Trump

The New York Times – Business:
The Trump administration is poised to broaden access to risky investments that are showing signs of strain.
New Political Group to Push Trump’s A.I. Agenda in Midterms

The New York Times – Business:
The group, Innovation Council Action, says it plans to spend at least $100 million. It will be led by a former administration official.
How Many Air Traffic Controllers Are Needed Overnight?

The New York Times – Business:
The accident at LaGuardia has raised questions about whether the minimum standard of two air traffic controllers on overnight shifts is sufficient.
The Fragile Hope for Salmon Recovery in Maine

The New York Times – Business:
A long-term project to remove or modify dams may clear the way for endangered wild Atlantic salmon to swim freely up to the Sandy River. But it faces opposition from business and lawmakers.