by Heather Zhu | Dec 12, 2024 | Business, Featured
As President-elect Donald Trump’s administration takes shape, the Federal Trade Commission (FTC) is set for a transformative period under newly nominated Chair Andrew Ferguson. This transition follows the departure of Lina Khan as head of the agency, whose tenure as...
by Heather Zhu | Nov 21, 2024 | Business, Featured, Politics
WASHINGTON – Michael Barr, Vice Chair of the Federal Reserve, reaffirmed his intent to serve his full term during a heated House Financial Services Committee hearing on Wednesday. The session was marked by Republican criticism of Biden-era financial regulations and...
by Heather Zhu | Nov 13, 2024 | Business, Featured, Supreme Court, Topics
WASHINGTON — The Supreme Court raised concerns Wednesday about the technical complexities required to issue a ruling on a securities lawsuit against Nvidia Corp. and CEO Jensen Huang for allegedly misleading investors on its cryptocurrency sales ahead of a crash....
by Heather Zhu | Nov 7, 2024 | Business, Featured
WASHINGTON – The Federal Reserve cut interest rates by 0.25% at its Nov. 7 meeting, with Federal Reserve Chair Jerome Powell underscoring the central bank’s commitment to its dual mandate and reinforcing its independence in response to potential political pressures...
by Heather Zhu | Nov 5, 2024 | Campaign 2024, Featured, Politics, Topics
Medill News Service reporters provide live updates from polling places across Maryland and Washington on Election Day. These reports are published in conjunction with the Washington Post. 6:07 p.m. – Few voters feel strongly towards Alsobrooks By Ananya Chag...
by Heather Zhu | Oct 22, 2024 | Business, Featured, Topics
WASHINGTON — Treasury Secretary Janet Yellen said that the U.S. is finalizing a $20 billion contribution to G7’s $50 billion loan to Ukraine in remarks on Tuesday. “We’re 99% of the way there,” Yellen said at a Treasury press conference, starting off the World Bank...
by Heather Zhu | Oct 17, 2024 | Business, Featured
WASHINGTON — Treasury Secretary Janet Yellen emphasized the need for the U.S. to maintain healthy economic global relations and warned against former President Trump’s proposed tariffs on Thursday at the Council on Foreign Relations in New York. “Calls for walling...
by Heather Zhu | Oct 8, 2024 | Business, Featured
WASHINGTON – The U.S. Supreme Court heard oral arguments Monday in a case that could significantly impact when federal courts can retain jurisdiction over cases after plaintiffs amend their complaints to remove federal claims, with major implications for businesses...
