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Help Wanted: Retired Bank Examiners to Unravel Bond Mess
Regulators are sending job letters to former employees as they look to beef up bank oversight. Source link
China Controls Minerals That Run The World
Beijing’s export restrictions on two minerals this week show it is willing to use its dominance to rock Western supply chains. Source link
China's Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its
Consumers to Face New Limits on Short-Term Health Insurance
The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. Source link
New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’
Listen to article (2 minutes) BUFFALO, N.Y.—New York spent nearly $1 billion over the past decade on Elon Musk’s ambitious plan for what was supposed
Publishers and Advertisers Push Back at FTC's 'Click-to-Cancel' Proposal
Mandating a simpler cancellation process would confuse consumers and create problems for businesses, trade groups say. Source link
Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output
Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
FDA Approves Leqembi, Extending Alzheimer's Treatment to More Patients
Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Source link
Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link