Latest Government regulations News

Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling

Mar. 28, 2024 19:28 PM EDT

NEW YORK (AP) — A Texas federal judge on Thursday accused the major banking industry groups and U.S. Chamber of Commerce of venue shopping in their lawsuit against the Consumer Financial Protection Bureau, a major win for the federal regulator. The bureau had argued the only...

Biden administration restores threatened species protections dropped by Trump

Mar. 28, 2024 19:07 PM EDT

BILLINGS, Mont. (AP) — The Biden administration on Thursday restored rules to protect imperiled species and shield their habitat from destruction after the measures were rolled back under former President Donald Trump. Among the changes, the U.S. Fish and Wildlife Service will...

Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers

Mar. 28, 2024 14:21 PM EDT

LOS ANGELES (AP) — The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season. The average rate on a 30-year mortgage slipped to...

What's keeping egg prices high for Easter? It's not just inflation

Mar. 28, 2024 11:55 AM EDT

Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers. It’s the second year in a row consumers have faced sticker shock ahead of Easter and Passover, both...

US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

Mar. 28, 2024 09:08 AM EDT

WASHINGTON (AP) — The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter. The Commerce...

Biden administration will lend $1.5B to restart Michigan nuclear power plant, a first in the US

Mar. 28, 2024 05:37 AM EDT

The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday. Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it. But now the emphasis is on restarting...

Interior Department rule aims to crack down on methane leaks from oil, gas drilling on public lands

Mar. 27, 2024 18:25 PM EDT

WASHINGTON (AP) — The Biden administration issued a final rule Wednesday aimed at curbing methane leaks from oil and gas drilling on federal and tribal lands, its latest action to crack down on emissions of methane, a potent greenhouse gas that contributes significantly to global warming. ...

A $15 toll to drive into part of Manhattan has been approved. That's a first for US cities

Mar. 27, 2024 17:45 PM EDT

NEW YORK (AP) — New York is on track to become the first U.S. city with congestion tolls on drivers entering its central business district after transit officials approved a $15 fee for most motorists headed to the busiest part of Manhattan. Members of the Metropolitan...

TikTok is under investigation by the FTC over data practices and could face a lawsuit

Mar. 27, 2024 12:57 PM EDT

NEW YORK (AP) — The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter. The investigation is the latest battle in Washington...

5 takeaways from the abortion pill case before the U.S. Supreme Court

Mar. 26, 2024 17:00 PM EDT

WASHINGTON (AP) — U.S. Supreme Court justices on Tuesday did not appear ready to limit access to the abortion pill mifepristone, in a case that could have far-reaching implications for millions of American women and for scores of drugs regulated by the Food and Drug Administration. ...