Latest Government regulations News

European Union says X's blue checks are deceptive 'dark patterns' that breach its social media laws

Jul. 12, 2024 13:02 PM EDT

LONDON (AP) — The European Union said Friday that blue checkmarks from Elon Musk's X are deceptive and that the online platform falls short on transparency and accountability requirements, the first charges against a tech company since the bloc's new social media regulations took effect. ...

Pennsylvania authorizes regulations for carbon capture wells

Jul. 11, 2024 22:19 PM EDT

HARRISBURG, Pa. (AP) — Pennsylvania legislation aimed at helping the nation’s No. 2 natural gas-producing state attract carbon capture projects and enable federally funded hydrogen hubs was approved by lawmakers Thursday night despite criticism that the technology is unproven. ...

Government power in the US is a swirl of checks and balances, as a recent Supreme Court ruling shows

Jul. 11, 2024 00:16 AM EDT

NEW YORK (AP) — The delegates at the 1787 Constitutional Convention were trying to create a new governing framework for the fledging United States of America. They knew they needed SOMEONE to be at the helm of the federal government. Someone had to be in position to see that the...

Government fines Citigroup $136 million for failing to fix longstanding internal control issues

Jul. 10, 2024 17:42 PM EDT

NEW YORK (AP) — A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues. It's a major blow to Jane Fraser, the bank's CEO, who has staked her career on...

Seeking carbon-free power, Virginia utility considers small nuclear reactors

Jul. 10, 2024 16:29 PM EDT

Virginia's largest utility said Wednesday that it will explore the possibility of using small nuclear reactors to help meet growing electricity demands while reducing greenhouse gas emissions. Nuclear power has been emerging as an attractive option for states transitioning away from...

A city's fine for a profane yard sign about Biden and Trump was unconstitutional, judge rules

Jul. 10, 2024 16:24 PM EDT

NASHVILLE, Tenn. (AP) — A federal judge has ruled that a Tennessee woman has a constitutional right to post a yard sign with profane language condemning both President Joe Biden and former President Donald Trump. Julie Pereira set up a sign in her front yard saying “F--- ’Em...

The Supreme Court took powers away from federal regulators. Do California rules offer a backstop?

Jul. 10, 2024 15:29 PM EDT

Tucked between headline-grabbing opinions on presidential immunity, Jan. 6 rioters and homeless encampments, the U.S. Supreme Court closed out a momentous session late last month with a series of body blows to the federal bureaucracy. Under three back-to-back rulings, regulations...

Powell stresses message that US job market is cooling, a possible signal of coming rate cut

Jul. 10, 2024 12:48 PM EDT

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it's likely to begin cutting interest rates soon. “We’re not just an...

Nikki Haley releases her delegates so they can back Donald Trump at the RNC next week

Jul. 09, 2024 15:04 PM EDT

CHAPIN, S.C. (AP) — Nikki Haley is releasing the delegates she won during this year's Republican primary so that they're free to support Donald Trump at next week's convention, a move that goes toward solidifying GOP support around the party's presumptive nominee. Haley on Tuesday...

Fed's Powell highlights slowing job market in signal that rate cuts may be nearing

Jul. 09, 2024 12:40 PM EDT

WASHINGTON (AP) — The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to...