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Thursday,  November 28 , 2024

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Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates

July 2, 2024, 8:00am Business

Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates. Read story

Small businesses could find filing for bankruptcy more difficult as government program expires

July 2, 2024, 7:59am Business

A type of bankruptcy protection filing that made it easier for small businesses to seek relief has expired, which will complicate filing for small businesses with more than $3 million in debt. Read story

President Joe Biden speaks in the Cross Hall of the White House Monday, July 1, 2024, in Washington.

Biden administration provides $504 million to support 12 technology hubs nationwide

President Joe Biden speaks in the Cross Hall of the White House Monday, July 1, 2024, in Washington.

July 2, 2024, 7:58am Business

The Biden administration said Tuesday that it was providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations. Read story

The Supreme Court is seen Monday, July 1, 2024, in Washington.

Supreme Court to weigh whether regulators were heavy handed with flavored e-cigarette products

The Supreme Court is seen Monday, July 1, 2024, in Washington.

July 2, 2024, 7:51am Business

The Supreme Court took up an e-cigarette case Tuesday, weighing whether the Food and Drug Administration wrongly blocked the marketing of sweet flavored products amid a surge in vaping by young people. Read story

U.S. job openings rise to 8.1 million despite higher interest rates

July 2, 2024, 7:50am Business

U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Read story

California considers unique safety regulations for AI companies, but faces tech firm opposition

July 2, 2024, 7:46am Business

California lawmakers are considering legislation that would require artificial intelligence companies to test their systems and add safety measures so they can’t be potentially manipulated to wipe out the state’s electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology… Read story

Supreme Court Police officers stand outside the Supreme Court Monday, July 1, 2024, in Washington.

The Supreme Court will hear an appeal to upend Texas’ age verification law for porn websites

Supreme Court Police officers stand outside the Supreme Court Monday, July 1, 2024, in Washington.

July 2, 2024, 7:43am Business

The Supreme Court on Tuesday agreed to hear an appeal from the adult entertainment industry seeking to upend a Texas law that requires pornographic websites to verify the age of their users. Read story

FILE - A customer pays for their food at the drive-thru of a fast-food restaurant in Los Angeles, April 1, 2024. California&rsquo;s workplace regulators passed rules that would protect indoor workers from extreme heat.

Biden administration proposes rule for workplaces to address excessive heat

FILE - A customer pays for their food at the drive-thru of a fast-food restaurant in Los Angeles, April 1, 2024. California&rsquo;s workplace regulators passed rules that would protect indoor workers from extreme heat.

July 2, 2024, 7:43am Business

The Biden administration proposed a new rule Tuesday to address excessive heat in the workplace, as tens of millions of people in the U.S. are under heat advisories due to blistering temperatures. Read story