On Monday, the tech giant and the U.S. government face off in court over how to fix the company’s online search monopoly. The outcome could alter Google and Silicon Valley.
Category: Regulation and Deregulation of Industry
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Capital One and Discover Can Merge, Regulators Say
Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.
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Trump’s Attack of Powell Tempered by Risk of Market Panic
President Trump again attacked the chair of the Federal Reserve this week, but advisers say the president has turned more cautious on policies that could stoke extreme financial volatility again.
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The $5 Limit on Overdraft Fees May Soon Be Struck Down
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some tips on how to avoid or reduce your costs.
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Court Scraps $8 Limit on Credit Card Late Fees
The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.
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Trump Seeks to Lower Drug Prices Through Medicare and Some Imports
President Trump directed his administration to help states import drugs from Canada. But a proposal to alter a Medicare program to reduce costs could wind up raising prices.
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Trump and DOGE Are Planning Deregulation at a Massive Scale
The White House will soon move to rapidly repeal or freeze rules that affect health, food, workplace safety, transportation and more.
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How the Crypto Industry’s Political Spending Is Paying Off
Federal lawmakers who benefited from crypto largess in the 2024 election are speedily advancing the industry’s agenda.
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RFK Jr. Accuses FDA of Drug Industry Influence That Barred Alternative Remedies
The nation’s health secretary addressed agency employees, asking them to shed any corporate influence. But he did not address the mass layoffs that have gutted oversight of tobacco and vapes, food safety and drug reviews.
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Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.
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House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps.
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Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.