U.S. Supreme Court Rejects Judge Pauline Newman’s Appeal Against Suspension
The U.S. Supreme Court has declined to hear an appeal from 98-year-old federal judge Pauline Newman, leaving in place her suspension from judicial duties that was imposed in 2023 during an investigation into her...
U.S. Banks Face Fresh Scrutiny Over Alleged ‘Debanking’ Practices
Major U.S. lenders are preparing for heightened regulatory scrutiny as the Office of the Comptroller of the Currency (OCC) nears completion of a review into allegations that banks improperly closed or denied customer accounts...
Trump Administration Pushes Plutononium-to-Fuel Plan for Future Nuclear Reactors
The Trump administration is advancing discussions with five companies to convert nearly 19.7 metric tons of surplus plutonium, including material from dismantled nuclear warheads, into fuel for next-generation nuclear reactors. The initiative is part...
Canadian Mother Sues OpenAI, Claims ChatGPT Encouraged Daughter’s Suicide
A Canadian mother has filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging that ChatGPT played a role in her daughter’s suicide by engaging in dangerous conversations without adequate safeguards. Kristie Carrier...
U.S. Drops Criminal Case Against Turkey’s Halkbank
The U.S. Department of Justice has formally requested a federal judge to dismiss its long-running criminal case against Turkey’s state-owned lender, Halkbank, signaling the end of a major legal dispute that had strained relations...
CBS News Turmoil Deepens as New ‘60 Minutes’ Chief Faces Staff Backlash
The leadership transition at CBS News has intensified tensions inside the acclaimed news program 60 Minutes, with newly appointed executive Nick Bilton facing resistance from staff amid a broader management shakeup. Bilton, who recently...
Some U.S. Employers Plan to End Coverage of Weight-Loss Drugs as Costs Continue to Rise
Large employers in the United States are increasingly reconsidering coverage for GLP-1 weight-loss medications such as Wegovy, Zepbound, and Foundayo as growing demand continues to drive healthcare costs higher. According to recent surveys, around...
U.S. Transportation Department Rolls Back Disparate Impact Civil Rights Rule
The U.S. Transportation Department announced on Wednesday that it is rescinding part of its long-standing civil rights regulations that prohibited actions resulting in an unintentional disparate impact on protected groups. The move marks a...
U.S. Inflation Expected to Hit Three-Year High in May
The annual rate of U.S. consumer inflation is expected to accelerate to 4.2% in May, marking its highest level in three years, according to economists surveyed by Reuters. Rising energy prices, driven by tensions...
CFTC to Introduce New Rules for Oversight of Prediction Markets
The U.S. Commodity Futures Trading Commission (CFTC) is preparing to propose new regulations aimed at governing the rapidly expanding prediction market industry, according to a report by The Wall Street Journal. Prediction markets allow...