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Inflation is cooling, and Wall Street loves it The Dow was flat in midday trading, having given up much of its gains from earlier in the day. But the S&P 500 and Nasdaq rose 0.7% and 1.3%. Stocks pulled back following reports ...
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Texas regulators weigh $460M 'performance credit mechanism' to ensure electric grid reliability The PCM would set a fixed quantity of credits awarded to generators, with the state's grid operator, the Electric Reliability Corp. of Texas, acting as the central exchange of the credits. The credits would be ...
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FTC Announces Broader Vision of Its Section 5 Authority to Address Unfair Methods of Competition November 14, 2022. Click for PDF. On November 10, 2022, the Federal Trade Commission released a new policy Statement setting forth its view of its enforcement authority under Section 5 of the FTC Act, 15 U.S.C. § 45, and announcing it will no longer ...
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Google pays nearly $392 million to settle sweeping location-tracking case Attorneys general say the payout is the largest-ever multistate privacy settlement. Location data, often obtained by law enforcement in criminal investigations to identify suspects, is an important part of Google's advertising business. State ...
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Balances Are on the Rise—So Who Is Taking on More Credit Card Debt? Andrew Haughwout, Donghoon Lee, Daniel Mangrum, Joelle Scally, and Wilbert van der Klaauw. Decorative: photo of stack of credit cards on credit card statements. Total household debt balances continued their upward climb in the third quarter of 2022 ...
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Can the News Drive Inflation Expectations? Augustus Kmetz, Adam H. Shapiro, and Daniel J. Wilson. How households expect inflation to evolve plays an important role in explaining overall inflation dynamics. Household expectations rose dramatically over the past year or so, much faster than ...
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Supervision and Regulation Vice Chair for Supervision Michael S. Barr. Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C.. Share. Watch Live. Chairman Brown, Ranking Member Toomey, and other members of the Committee, thank you for the ...
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SEC Adopts Compensation Clawback Rule with Requirements for Public Companies The U.S. Securities and Exchange Commission (SEC) on Oct. 26 released a long-awaited final rule on incentive-compensation clawbacks, requiring publicly traded companies to have policies for recouping executive compensation if revised company financial ...
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