Latest Government regulations News

German Chancellor Scholz warns next European Commission president against courting far-right support

May. 24, 2024 09:47 AM EDT

BERLIN (AP) — German Chancellor Olaf Scholz waded into the European election campaign on Friday by warning that the next president of the European Commission should not seek support from far-right parties hoping to make big gains in next month’s vote. Left-leaning parties across...

'Green blitz': As election nears, Biden pushes slew of rules on environment, other priorities

May. 24, 2024 00:05 AM EDT

WASHINGTON (AP) — As he tries to secure his legacy, President Joe Biden has unleashed a flurry of election-year rules on the environment and other topics, including a landmark regulation that would force coal-fired power plants to capture smokestack emissions or shut down. The...

Political consultant behind fake Biden robocalls faces $6 million fine and criminal charges

May. 23, 2024 22:51 PM EDT

CONCORD, N.H. (AP) — A political consultant who sent artificial intelligence-generated robocalls mimicking President Joe Biden's voice to voters ahead of New Hampshire's presidential primary faces a $6 million fine and more than two dozen criminal charges. The Federal...

Federal environmental agency rejects Alabama's coal ash regulation plan

May. 23, 2024 20:18 PM EDT

MONTGOMERY, Ala. (AP) — The U.S. Environmental Protection Agency on Thursday rejected Alabama’s proposal to take over coal ash regulation, saying the state plan does not do enough to protect people and waterways. The agency said the state's proposal was “significantly less...

Norfolk Southern will pay $15 million fine as part of federal settlement over Ohio derailment

May. 23, 2024 19:32 PM EDT

The federal government agreed to a $15 million fine for Norfolk Southern over last year's disastrous derailment in East Palestine, Ohio, and the railroad promised to pay more than $500 million to complete the efforts to improve safety that it announced after the crash and address community health...

Long-term mortgage rates ease for third straight week, dipping to just below 7%

May. 23, 2024 17:36 PM EDT

LOS ANGELES (AP) — The average rate on a 30-year mortgage dipped this week to just below 7% for the first time since mid April, a modest boost for home shoppers navigating a housing market dampened by rising prices and relatively few available properties. The rate fell to 6.94%...

EU Commission fines Oreo maker Mondelez 337.5 million euros for blocking cross-border sales

May. 23, 2024 07:25 AM EDT

BRUSSELS (AP) — The European Commission has imposed a fine of 337.5 million euros ($366 million) on food company Mondelez, the owner of Oreo cookies and other snack brands, for obstructing sales of its products between EU member states, the bloc's executive arm said on Thursday. ...

Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat

May. 23, 2024 00:49 AM EDT

TOKYO (AP) — Asian shares were trading mixed Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings. Japan's benchmark Nikkei 225 gained 1.1% to 39,054.81. Australia's S&P/ASX 200 sank 0.5% to 7,807.10. South Korea's Kospi added 0.2% to...

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

May. 22, 2024 14:33 PM EDT

WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high. ...

FCC will consider rules for AI-generated political ads on TV and radio, but can't touch streaming

May. 22, 2024 14:30 PM EDT

NEW YORK (AP) — The head of the Federal Communications Commission introduced on Wednesday a proposal to require political advertisers to disclose when they use content generated by artificial intelligence in broadcast television and radio ads. If adopted by the five-person...