Tag: Regulation and Deregulation of Industry
Crypto Bill Stalls in the Senate as Democrats Balk-OxBig News Network
A first-of-its-kind bill to regulate parts of the cryptocurrency industry stalled in the Senate on Thursday, after Democrats blocked it amid concerns in their...
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.-OxBig News Network
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting...
Car Prices Expected to Rise as Tariffs on Parts Kick In-OxBig News Network
The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new and used vehicles as...
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President...
TikTok Fined $600 Million for Sending European User Data to China
TikTok was fined 530 million euros ($600 million) on Friday for violating a European Union data privacy law after regulators found the company had...