Latest Government regulations News
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Asian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the year. U.S. futures were lower, while oil prices gained. Tokyo's Nikkei 225 climbed 0.3% to 38,090.87 and the...
Republican AGs attack Biden's EPA for pursuing environmental discrimination cases
ST. LOUIS (AP) — Republican attorneys general attacked the Biden administration’s stated goal of pursuing environmental justice, calling it a form of “racial engineering.‘’ Florida Attorney General Ashley Moody and 22 other GOP officials asked the EPA Tuesday to stop using...
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members...
Judges orders Pennsylvania agency to produce inspection records related to chocolate plant blast
Pennsylvania utility regulators must turn over inspection records to the National Transportation Safety Board as part of the federal agency’s probe into a fatal explosion at a chocolate factory last year, a federal judge ruled this week. U.S. District Judge Christopher C. Conner...
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
TOKYO (AP) — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while. Japan's benchmark Nikkei 225 dipped 0.6% in morning trading to 38,226.39. Australia's S&P/ASX 200 edged up 0.2% to 7,624.70. South Korea's...
New York's high court hears case on abortion insurance coverage
ALBANY, N.Y. (AP) — New York’s highest court took up a case Tuesday that seeks to throw out a regulation requiring health insurance policies to cover medically necessary abortions — a lawsuit that could jeopardize a similar state law. The challenge was filed by the Roman...
Fed's Powell: Elevated inflation will likely delay rate cuts this year
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates. “Recent data have clearly not given us...
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller Roundup causes cancer. Nearly identical...
A top Federal Reserve official opens door to keeping rates high for longer
WASHINGTON (AP) — Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank's key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this...
New rules for Pregnant Workers Fairness Act include divisive accommodations for abortion
NEW YORK (AP) — Workers are entitled to time off and other job accommodations for abortions — along with pregnancy-related medical conditions like miscarriage, stillbirth and lactation — under the Pregnant Workers Fairness Act, according to finalized federal regulations published Monday. ...
