by Stephanie Markowitz | Jan 12, 2023 | Business, Featured
WASHINGTON – Airports and airlines are attempting to recoup their losses and quell public exasperation a day after the Federal Aviation Administration (FAA) had to issue a 90-minute nationwide ground stop to air travel, scrambling schedules and grounding thousands of...
by Zachary Miller | Mar 10, 2022 | Business, Featured, Topics
WASHINGTON, March 10 (UPI) — U.S. senators, at a hearing of the Senate Committee on Energy and Natural Resources, expressed bipartisan interest Thursday in ramping up domestic oil and gas production to combat soaring energy prices. The push is a boon to large...
by Zachary Miller | Mar 9, 2022 | Business, Featured
WASHINGTON — President Biden is expected to sign an executive order Wednesday outlining a nationwide governing approach for cryptocurrency. The measure suggests potential for clarity in a murky financial market that was designed to be difficult to regulate, but which...
by Zachary Miller | Mar 8, 2022 | Business, Featured
WASHINGTON — Last Thursday, President Biden signed into law a bipartisan bill to bar companies from contractually forcing sexual assault and harrassment complaints into arbitration. Now, the change has reinvigorated efforts to pass similar legislation in the financial...
by Zachary Miller | Feb 17, 2022 | Business, Featured, Topics
WASHINGTON — A nearly year long coal miner strike in Alabama drew attention to a handful of the largest private equity and asset management companies in the world at a Senate hearing Thursday. “Just three Wall Street firms, BlackRock, Vanguard and State Street manage...
by Zachary Miller | Feb 16, 2022 | Business, Featured
WASHINGTON – The federal debt ceiling has caused headaches for decades. Now, House Democrats are considering the value of doing away with it altogether. “The debt ceiling has become a political weapon used to extract concessions, or more recently, simply score...
by Zachary Miller | Feb 9, 2022 | Business, Featured
WASHINGTON — Cryptocurrencies shed more than $1 trillion in global value since November, and the space is overrun with scams. Wednesday, the regulatory agency tasked with overseeing digital assets told senators they lacked the information, resources and mandate to...
by Zachary Miller | Feb 8, 2022 | Business, Featured, Topics
WASHINGTON — March 2023. That’s when Kimberly Ann Naranjo told senators she was expected to die of mesothelioma. “It all happened so fast,” Naranjo, a mother of seven, told the Senate Judiciary subcommittee Tuesday. “One week I was enjoying my forever home, surrounded...
by Zachary Miller | Feb 3, 2022 | Business, Energy, Featured
WASHINGTON — The rollout of new ultra-fast fifth generation (5G) cellular networks was supposed to revolutionize internet access and cement the U.S.’s technological position against a rising China. Now, lawmakers are trying to figure out how it went so wrong. “We...
by Ellisya Lindsey | Feb 2, 2022 | Business, Featured
WASHINGTON — The right technology could aid in mitigating the racial gap in financial health and wealth by making these services more accessible to underbanked communities, panelists shared in a webinar on Wednesday. “What fintech really does is it enables community...
by Zachary Miller and Julia Richardson | Feb 2, 2022 | Business, Featured
WASHINGTON – Automated Vehicles (AVs) are poised to overhaul supply chains and taxi networks, and potentially displace hundreds of thousands of workers. But Congress has yet to give concrete guidance on how regulators should react. “It shouldn’t be done state by...
by Zachary Miller | Feb 1, 2022 | Business, Featured, Topics
WASHINGTON – Elderberries claiming to boost immune response. Empty storefronts posing as testing clinics. Contact tracing calls that are actually from identity fraudsters. Bootleg hand sanitizer from Mexico, fake KN95 masks from China and $60 rapid tests from...
