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Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - Jan. 8 -
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.CBS News - Jan. 7 -
Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.The New York Times - Jan. 7 -
Exxon sues California attorney general, environmental groups for disparaging its recycling initiatives
ExxonMobil on Monday sued California Attorney General Rob Bonta (D) and a group of environmental activist groups, alleging they colluded on a campaign of defamation against the oil giant’s plastic ...The Hill - Jan. 7 -
Wife of late Padres owner sues for control of team
Sheel Seidler, the widow of late San Diego Padres chairman Peter Seidler, filed suit against two of his brothers Monday in an attempt to gain control of the team.ESPN - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Sheel Seidler, wife of late Padres owner, sues in-laws for control of the team
Sheel Seidler, the wife of late San Diego Padres owner Peter Seidler, has sued two of her brothers-in-law in an attempt to prevent a third Seidler brother from taking control of the team rather ...ABC News - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.The New York Times - Jan. 6 -
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.NBC News - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - Jan. 6 -
Late Padres owner's widow sues relatives for team control, alleges 'racist, profane and hateful communication'
Sheel Seidler accused Peter Seidler's brothers of 'breaches of fiduciary duty and fraud'CBS Sports - Jan. 6 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
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U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Guantánamo Convict Sues to Stop U.S. Plan to Send Him to Prison in Iraq
A court filing said the prisoner was at risk for abuse and might not be able to get adequate health care if transferred.The New York Times - Jan. 4 -
Justin Baldoni plans to sue Blake Lively after she accused him of harassment
Lawyer for actor and director says he is prepared to release trove of text messages amid It Ends With Us dispute. The actor and director Justin Baldoni plans to sue his co-star Blake Lively after ...The Guardian - Jan. 3 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Blake Lively sues 'It Ends With Us' director Justin Baldoni alleging harassment and smear campaign
Actor Blake Lively sued “It Ends With Us” director Justin Baldoni and several others tied to the romantic drama on Tuesday, alleging harassment and a coordinated campaign to attack her reputation ...NBC News - Jan. 1 -
Blake Lively sues 'It Ends With Us' director Justin Baldoni alleging harassment and smear campaign
Actor Blake Lively has sued the director of the film “It Ends With Us” alleging harassment on the set and a coordinated campaign to smear her reputationABC News - Jan. 1 -
‘It Ends With Us’ Actor and Director and His Publicists Sue The Times for Libel
Justin Baldoni claims that The Times defamed him and his team in an article about the actress Blake Lively’s allegations that she had been the victim of a smear campaign.The New York Times - Jan. 1 -
Justin Baldoni Sues New York Times, Escalating Feud Involving 'It Ends With Us' Co-Star Blake Lively
A recent Times article detailed an alleged smear campaign involving film’s director and his publicists.The Wall Street Journal - Dec. 31