Economy

Economy
Economy

Pentagon will remove media offices after judge reinstates New York Times press credentials

The Defense Department will remove media offices from the Pentagon after a federal judge sided with The New York Times in a lawsuit challenging limits on reporters’ access to the building, a department official announced Monday. An area of the Pentagon known as “Correspondents’ Corridor” that reporters have used for decades to cover the U.S.

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Economy

U.S. stocks rise, oil prices fall after Trump backs off threat to hit Iran’s power grid

U.S. stocks surged Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a five-day period. Trump said the U.S. and Iran had engaged in what he called “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.” Reporting

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Economy

Trump rejects off-ramp to fund DHS as airport delays worsen

WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It would fund all of the Department of Homeland Security except for ICE, which Democrats have refused to support without new limitations on immigration enforcement operations,

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Economy

United Airlines says it will boot passengers who refuse to use headphones on planes

Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban. The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal

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Economy

DOJ takes Live Nation-Ticketmaster to court for antitrust trial

The Justice Department’s endeavor to break up Live Nation, Ticketmaster’s parent company, has officially made its way to the courtroom. The antitrust case, which began with jury selection Monday, is unfolding in federal court in New York. Opening statements are scheduled to start Tuesday, with the trial expected to last six weeks. The lawsuit, filed

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Economy

L.A. County sues Roblox, alleges platform makes it easy for adults to target children

Los Angeles County filed a civil lawsuit against Roblox, alleging that the platform markets itself as a gaming experience for children but has created a ‘largely unsupervised online world’ that allows adults to mingle with minors with very little oversight. The lawsuit says that Roblox’s architecture makes it easy for adults to masquerade as children

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Economy

Warner Bros. Discovery reopens talks with Paramount

Warner Bros. Discovery said Tuesday that it was reopening talks with Paramount Skydance, giving the studio a week to rival Netflix in its bid to take over the streaming and cable giant. In a statement, Warner Bros. Discovery said it had rejected the latest $30-a-share offer from Paramount but would give the company until Monday

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Economy

CFTC chief sides with prediction markets over state regulators in a high-stakes court case

The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video posted on X that the agency has filed a “friend of the court brief” in support of Crypto.com in its escalating legal battle with

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Economy

Justice Department’s antitrust chief says she’s leaving, effective immediately

The head of the Justice Department’s antitrust unit said Thursday she is leaving the role, effective immediately, at a critical moment for corporate mergers in America. Gail Slater, the assistant attorney general in charge of the Antitrust Division, wrote on X: ‘It is with great sadness and abiding hope that I leave my role as

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Economy

Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets

CHICAGO — Cardi B was part of Bad Bunny’s Super Bowl halftime show. What she did exactly, well, that turned into a perplexing question for two major prediction markets. At least one Kalshi trader filed a complaint with the Commodity Futures Trading Commission over how the prediction market handled Sunday’s appearance by the Grammy-winning rapper.

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