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Regulators Take Another Crack at Shoring Up Money-Market Funds to Prevent Bailouts
The SEC is voting on new regulations as money funds’ holdings balloon this year. Source link
This Part of Bidenomics Needs More Economics
Massive sums are being spent on industrial policy with little guidance from economic theory or research. Source link
Lina Khan Is Taking on the World's Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft marks another setback in her fight to block mergers. Source link
Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link
Farmers Limits Insurance Sales in Florida, California
The insurer is the latest to cut back in states where premiums have soared amid storm and wildfire risks. Source link
Activision Win Is Big for Microsoft—Smaller for Big Tech
An FTC campaign to rein in tech giants suffers another setback, but will likely persist. Source link
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
Bank of America Ordered to Pay $250 Million Over Wrongful Fees
The CFPB also said the bank withheld credit card rewards and opened accounts without consent. Source link
FDA's OK Isn't Always a Happy Day for Biotech Investors
In recent weeks, three closely watched FDA decisions came in positive for the companies—followed by their stocks going negative. Source link
FDA Approval Isn't Always a Happy Day for Biotech Investors
In recent weeks, three closely watched FDA decisions came in positive for the companies—followed by their stocks going negative. Source link