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5 Things to Expect From New FTC Chair Andrew Ferguson, Based on His Pitch to Trump
A one-page document that Andrew Ferguson, Trump’s pick for FTC chair, reportedly sent as his pitch for the job says he would end the “war on mergers.”Inc. - 10h -
Trump Picks Andrew Ferguson to Chair FTC
The current commissioner, a Republican, will oversee less aggressive antitrust policies and vows to undo the work of current chair Lina Khan.Inc. - 13h -
Annual inflation rate accelerates to 2.7% in November, as expected
The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.CNBC - 17h -
TUI Shares Slip on Slower Growth Expectations
The travel operator guided for a lower rate of growth in the current fiscal year, despite posting a jump in profit for fiscal 2024 on strong demand.The Wall Street Journal - 20h -
Thune expects tax package by summer: 'Failure is not an option'
Incoming Senate Majority Leader John Thune (R-S.D.) reaffirmed his objective to prioritize swift tax reform in the 119th Congress as well as legislation supporting border security and the energy ...The Hill - 10h -
Sources: Raptors' Barnes expected to miss weeks
Raptors forward Scottie Barnes is expected to miss several weeks with a right ankle injury, sources told ESPN.ESPN - 13h -
Holiday travel expected to break records again
The end-of-the-year holiday travel rush begins next week and AAA is expecting more than 119 million travelers. Most, 107 million, will drive, with gas prices nearly $.15 cheaper than a year ago.CBS News - 15h -
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Trump picks Andrew Ferguson to chair FTC, Ron Johnson as ambassador to Mexico
Andrew Ferguson, who is already one of the FTC's five commissioners, will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley.CBS News - 1d -
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Trump taps FTC Commissioner Andrew Ferguson to chair agency
President-elect Trump has tapped Andrew Ferguson, a commissioner at the Federal Trade Commission (FTC), as the next head of the independent agency. Trump, in a statement Tuesday night, touted ...The Hill - 1d -
FTC refunds Fortnite players $72 million, says Epic Games 'tricked' gamers into purchases
More than 600,000 players Fortnite will start to receive refunds after federal regulators said Epic Games “tricked” people into making unwanted purchases.NBC News - 1d -
'Friendlier climate toward new technology’ expected under Trump, venture capitalist says. What that means for AI, crypto
In 2025, generative AI may start to fulfill its potential and allow for cryptocurrencies to be traded 'more freely,' venture capitalist Bradley Tusk says.CNBC - 1d -
SiriusXM Expects Revenue to Decline in 2025
SiriusXM expects to bring in less revenue next year than in 2024, according to the company’s latest guidance.The Wall Street Journal - 1d -
Charges in New York expected soon in United Healthcare CEO's slaying
A suspect in connection with the killing of UnitedHealthcare CEO Brian Thompson was arrested in Pennsylvania on Monday in possession of a gun and multiple fake IDs, officials said.NBC News - 2d -
NFL news, injury updates: QB Tommy DeVito expected to start for Giants, Justin Herbert dealing with ankle injury
Several teams are dealing with injuries to key players after Week 14.Yahoo Sports - 2d -
Report: Giants expected to be ‘significant players' for Sasaki
The San Francisco Giants reportedly are expected to be "significant players" for coveted international amateur pitcher Roki Sasaki.Yahoo Sports - 4d -
Bipartisan lawmakers call on FTC to investigate FanDuel, DraftKings
Sens. Mike Lee (R-Utah) and Peter Welch (D-Vt.) sent a joint letter to the Federal Trade Commission (FTC) and Justice Department on Friday urging lawmakers to investigate the actions of FanDuel and ...The Hill - 5d -
Amorim forced to Man Utd 'manage expectations'
Ruben Amorim has said he is having to "manage expectations" after suffering his first defeat as Manchester United head coach.ESPN - 5d -
U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - 5d -
A rebound is expected after the previous month’s disruptions.
The resolution of the Boeing strike, and recovery from storms in the Southeast, are predicted to produce a gain in monthly payroll data.The New York Times - 5d -
GOP greets DOGE with excitement but expects 'friction'
Capitol Hill Republicans are clamoring to get in on the "DOGE" action after President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of his administration’s “Department of Government ...The Hill - 6d -
What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Sam Altman, Jerome Powell, Jeff Bezos, Bill Clinton, the podcaster Alex Cooper, Ken Griffin, Prince Harry, and Serena Williams are among the big names speaking.The New York Times - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.
The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.MarketWatch - Dec. 4 -
Rio Tinto Expects Pilbara Iron-Ore Shipments to Be Roughly Flat in 2025
The world’s second-biggest miner by value, expects annual iron ore shipments from its Australian operations to be little changed in 2025.The Wall Street Journal - Dec. 4 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
FTC Says Data Brokers Unlawfully Tracked Protesters and US Military Personnel
The FTC is targeting data brokers that monitored people’s movements during protests and around US military installations. But signs suggest the Trump administration will be far more lenient.Wired - Dec. 3 -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - Dec. 3 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC News - Dec. 3 -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - Dec. 2 -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2
