Latest Government regulations News

Stock market today: Wall Street hangs near its records as it closes another winning week

May. 17, 2024 10:11 AM EDT

NEW YORK (AP) — U.S. stocks are drifting near their records Friday as Wall Street heads for the finish of another winning week. The S&P 500 was basically flat in morning trading and on track for a fourth straight week of gains. The Dow Jones Industrial Average was up 59 points,...

Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data

May. 16, 2024 23:07 PM EDT

ST. LOUIS (AP) — The Environmental Protection Agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified data, according to an agency inspector general's memo, likely meaning some states got too much money and others got too little. ...

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

May. 16, 2024 13:22 PM EDT

WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of grilling Thursday on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency's toxic workplace culture was released last week. The hearing...

Long-term mortgage rates retreat for second straight week, US average at 7.02%

May. 16, 2024 12:11 PM EDT

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply. The average 30-year rate fell to 7.02% from 7.09% last week, mortgage buyer Freddie Mac said Thursday. A...

Stock market today: Asian shares advance after another round of Wall St records

May. 16, 2024 00:16 AM EDT

Asian shares advanced on Thursday after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The optimism came from a report showing U.S. consumers had to pay prices for gasoline, car insurance and everything else in April that were 3.4%...

Judge says Delaware vanity plate rules allow viewpoint discrimination and are unconstitutional

May. 15, 2024 18:49 PM EDT

DOVER, Del. (AP) — Delaware’s vanity license plate program is unconstitutional because it allows officials to discriminate against certain viewpoints when deciding whether to approve applications, a federal judge has ruled. Tuesday’s ruling came in a lawsuit filed by Kari Lynn...

House signs off on FAA bill that addresses aircraft safety and the refund rights of passengers

May. 15, 2024 16:29 PM EDT

Congress gave final approval Wednesday to a $105 billion bill designed to increase the number of air traffic controllers, add more safety inspectors at aircraft factories, and require airlines to automatically pay refunds to travelers whose flights are canceled or significantly delayed. ...

Future of Texas' migrant-blocking buoys may hinge on whether the Rio Grande is 'navigable'

May. 15, 2024 12:57 PM EDT

NEW ORLEANS (AP) — The future of a barrier of giant buoys that Texas Gov. Greg Abbot placed in the Rio Grande last year to deter migrant traffic may turn on whether a rocky, shallow stretch of the border river can be considered “navigable” and whether immigration sometimes constitutes a...

US inflation eased last month in the first slowdown of 2024

May. 15, 2024 12:38 PM EDT

WASHINGTON (AP) — Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team. ...

ICC prosecutor faces demand for action against Israeli leaders and Russian attack over Putin warrant

May. 14, 2024 23:28 PM EDT

UNITED NATIONS (AP) — The International Criminal Court’s prosecutor faced demands Tuesday for speedy action against Israeli leaders and a blistering Russian attack over the ICC’s arrest warrant for President Vladimir Putin stemming from Moscow’s invasion of Ukraine. Karim...