Fitch Downgrades U.S. Credit Rating
The ratings firm said that the downgrade reflects an “erosion of governance.”Read More
Incandescent Bulb Ban Renews a Squabble Over the American Home
A ban on most kinds of traditional bulbs renews a cultural squabble between regulatory efforts to curb energy consumption and the very American impulse to do whatever one wants in one’s domicile.Read More
S&P 500 Slips Lower After a Strong July
Shares of Caterpillar and Arista Networks advanced after their earnings reports.Read More
Sheila Oliver, New Jersey’s Trailblazing Lieutenant Governor, Has Died
Ms. Oliver, 71, was taken to the hospital on Monday. She had been serving as governor while Gov. Philip D. Murphy was out of state, vacationing in Italy.Read More
New Energy Efficiency Rules Ban Incandescent Light Bulbs: What to Know
New efficiency rules, more than a decade in the making, have taken effect, relegating Edison’s glowing orbs to the history books.Read More
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
The sudden cessation of operations by the trucking titan, Yellow Corp. (NASDAQ:YELL), may lead to financial losses for American taxpayers, highlighting the inherent risks of government aid to corporations. Government’s Lifeline To Yellow And Its Implications In 2020, during the peak of the Covid-19 pandemic, the U.S. government loaned Yellow $700 million, a move that […]
Matt DePerno, Trump Meddler in Michigan, Is Charged in Election Breach
A key figure in a multistate effort to overturn the 2020 election, Mr. DePerno lost his race for Michigan attorney general in 2022. He later finished second to lead the state’s Republican Party.Read More
AML RightSource Advances AML Compliance with AI
AML RightSource, a provider of compliance solutions, has furthered its application of AI and Natural Language Processing (NLP). This will allow AML practitioners to reduce time spent on labour intensive, low-value tasks and increase their ability to focus on risks. The newly advanced capability optimises KYC and AML processes, addressing the inherent complexity and costs […]
Ukraine’s Grain Lifeline in Danube Ports Comes Under Russia Threat
Since the collapse of the Black Sea grain deal two weeks ago, small ports on the Danube River are the only shipping outlet for millions of tons of grain.Read More
DeSantis’s Super PAC Burned Through $34 Million as He Slid in Polls
The group behind Ron DeSantis had more money than those backing his rivals, including Donald J. Trump. But big spending has not helped his standing so far.Read More
