The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its credit cards.
Category: Regulation and Deregulation of Industry
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CFPB Moves to Expand Oversight of Digital Payment Apps
A proposed new rule would subject Google, Apple, PayPal and other digital wallet providers to the same scrutiny banks face.
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Cruise Grew Fast and Angered Regulators. Now It’s Dealing With the Fallout.
The company, a General Motors subsidiary, has hired a law firm to investigate how it responded to regulators, as its cars sit idle and questions grow about its C.E.O.’s expansion plans.
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Rishi Sunak Interviews Elon Musk on Perils and Benefits of A.I.
Some saw the prime minister’s conversation with the tech billionaire as an attempt to raise Britain’s standing with entrepreneurs and tech companies at a time when the country’s economy is languishing.
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Teenage Vaping Declines This Year, Survey Says
The annual tobacco use survey given to middle and high school students revealed a decrease among older teenagers for the first time in several years.
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Frustrated With New Rules, Bank Lobbyists Are Making Their Fight Public
Banking trade groups are using legal action and public campaigns to push back on rules they say go too far.
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Executive Order on A.I. Tries to Balance Technology’s Potential and Peril
President Biden announced regulations on Monday that seemed to have a little bit for everyone.
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Biden Issues Executive Order to Create A.I. Safeguards
The sweeping order is a first step as the Biden administration seeks to put guardrails on a global technology that offers both great promise and significant danger.
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Hearing Aids Are More Affordable, and Perhaps More Needed, Than Ever
Over-the-counter devices have been available for a year now. New research suggests they may have unexpected benefits.
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Doctors Wrestle With A.I. in Patient Care, Citing Lax Rules
The F.D.A. has approved many new programs that use artificial intelligence, but doctors are skeptical that the tools really improve care or are backed by solid research.
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Biden to Issue First Regulations on Artificial Intelligence Systems
In an order to be issued on Monday, the White House will outline requirements that the most advanced A.I. products be tested to assure they cannot be used to produce weapons, among other regulations.