Latest Government regulations News
Stock market today: Wall Street hangs near its records as it closes another winning week
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 fell 0.1% in afternoon trading and remains on track for a fourth straight week of gains. The Dow Jones Industrial Average was up 45...
Federal Reserve Chair Jerome Powell working from home after testing positive for COVID-19
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a...
Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution
Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 737 Max jetliner in January. Calhoun said the...
Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data
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
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%
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
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
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
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'
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...
