Latest Government regulations News

US targets oil and natural gas industry's role in global warming with new rule on methane emissions

Dec. 02, 2023 12:54 PM EST

WASHINGTON (AP) — The Biden administration on Saturday issued a final rule aimed at reducing methane emissions, targeting the U.S. oil and natural gas industry for its role in global warming as President Joe Biden seeks to advance his climate legacy. The Environmental Protection...

Court pauses federal policy allowing abortion clinic operators to get grants -- but only in Ohio

Dec. 01, 2023 19:26 PM EST

A federal appeals court has paused enforcement of a federal government regulation that allows abortion providers to receive federal family planning money — but only in Ohio, where state health officials said the policy took money away from them. Since 1981, federal policy has...

Stock market today: Wall Street extends its rally and closes at highest level since March 2022

Dec. 01, 2023 17:16 PM EST

A broad rally on Wall Street closed out a fifth straight week of gains for the market Friday, driving the S&P 500 to its highest level in more than a year. The benchmark index rose 0.6%, eclipsing its previous high for the year set in July. The Dow Jones Industrial Average closed...

Fed's Powell notes inflation is easing but downplays discussion of interest rate cuts

Dec. 01, 2023 13:12 PM EST

WASHINGTON (AP) — Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said Friday. Speaking at Spelman College in Atlanta, Powell noted that consumer prices, excluding volatile...

West Virginia places anti-abortion pregnancy center coalition at the helm of $1M grant program

Dec. 01, 2023 12:44 PM EST

CHARLESTON, W.Va. (AP) — A West Virginia coalition that helps support a network of anti-abortion pregnancy centers in the state is receiving $1 million in taxpayer dollars to distribute to organizations committed to encouraging people not to end their pregnancies. The West...

Stock market today: Asian shares slip after Wall Street ends its best month of '23 with big gains

Dec. 01, 2023 00:03 AM EST

HONG KONG (AP) — Asian shares declined on Friday even after Wall Street closed out its best month of the year with big gains in November. U.S. futures rose while oil prices continued to drop despite the latest extension of OPEC’s production cuts. Even with continued cuts to...

Work resumes on $10B renewable energy transmission project despite tribal objections

Nov. 30, 2023 15:23 PM EST

The tractors are back at work clearing land and building access roads for a $10 billion transmission line that the Biden administration describes as an important part of the nation’s transition to renewable energy. But Native American leaders have vowed to keep pushing the federal government to...

Adelson adding NBA team to resume of casino mogul, GOP power broker, US and Israel newspaper owner

Nov. 30, 2023 10:50 AM EST

LAS VEGAS (AP) — Miriam Adelson is one of the richest women in the world, a U.S. and Israel newspaper publisher and political powerbroker who, after selling $2 billion in stock to buy the Dallas Mavericks, will still be the majority shareholder of Las Vegas Sands Corp., the casino company her...

Federal Reserve's preferred inflation gauge shows price pressures continuing to cool

Nov. 30, 2023 10:48 AM EST

WASHINGTON (AP) — The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth. Thursday’s report from the Commerce Department said prices were unchanged...

Cities must replace harmful lead pipes within 10 years under new Biden administration plan

Nov. 30, 2023 09:23 AM EST

Most U.S. cities would have to replace lead water pipes within 10 years under strict new rules proposed by the Environmental Protection Agency as the Biden administration moves to reduce lead in drinking water and prevent public health crises like the ones in Flint, Michigan and Washington, D.C. ...