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Supreme Court: Consumer Financial Protection Bureau funding doesn't violate Constitution
The Supreme Court has ruled the Consumer Financial Protection Bureau's funding practices do not violate the Constitution. CBS News legal contributor Jessica Levinson breaks down the ruling.CBS News - Top stories -
Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
The Supreme Court decision protects the CFPB from the potentially crippling risk that Republicans in Congress will block annual funding for the agency.CNBC - Business -
Supreme Court Upholds Consumer Finance Protection Bureau Funding Method
The way the agency--a target of a conservative attacks--gets money from the federal government does not violate the Constitution, the court rules in a 7-2 vote.Inc. - Business -
Breaking down the Supreme Court's Consumer Financial Protection Bureau ruling
The Supreme Court rejected an effort Thursday to undermine the power of the Consumer Financial Protection Bureau. The agency was created after the 2008 financial crisis to protect consumers from unfair practices. CBS News legal contributor Jessica ...CBS News - Top stories -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.The Wall Street Journal - World -
Vermont makes waves on data privacy
The Hill's weekly technology news digest. {beacon} Friday, May 17, 2024 Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive The Hill's newsletters here. Rather ...The Hill - Politics -
Neuralink's first brain implant patient feared device would have to be removed
Noland Arbaugh, who is paralyzed from the shoulders down, became the first human patient to receive the Neuralink device in January.ABC News - Top stories -
Eye on America: Protecting and preserving the environment
In California, we learn how the site of past environmental disasters could be a key to America’s clean energy future. Then in Florida, we explore restoration efforts to reverse years of devastation in the Everglades. Watch these stories and more ...CBS News - Top stories -
We'll Protect Both Life and IVF
A Senate bill to clear up confusion after an Alabama Supreme Court ruling.The Wall Street Journal - World -
Red Lobster Files for Bankruptcy Protection
Chapter 11 heads chain's menu as it secures $100 million in financing from its current lenders.Inc. - Business -
Consumer bureau case divides SCOTUS conservatives
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Conservative justices split on CFPB ruling The Supreme Court’s most conservative justices were divided this week over a decision to ...The Hill - Politics -
Corporate insiders at these companies are telling us that consumers are cruising
Executive and director buying supports these 9 travel, gaming and recreational boat stocks.MarketWatch - Business -
Tick season has arrived. Protect yourself with these tips
Tick season is starting across the U.S., and experts are warning the bloodsuckers may be as plentiful as everABC News - Health -
Red Lobster files for Chapter 11 bankruptcy protection
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.CBS News - Top stories -
Red Lobster files for Chapter 11 bankruptcy protection
A disastrous "endless shrimp" promotion and a lease-back agreement orchestrated by Red Lobster's previous private equity owners contributed to its demise.CNBC - Business -
Senate Republicans introduce bill to protect IVF access
A Democratic-led effort to safeguard access to IVF failed earlier this year in the Senate.CBS News - Politics - Republican Party -
Maine mass shooter's family says his 'brain was hijacked' by injuries tied to his military service
The family of the Army reservist who perpetrated Maine's deadliest mass shooting says he had a "severe" traumatic brain injury tied to his service as a hand grenade training instructor.NBC News - Top stories -
Keep forgetting things? Worried about your brain? Here’s what I learned when I had mine scanned
From dementia to mild cognitive impairment, it’s easy to be terrified of what ageing will do our minds. But the vast majority of us can reduce the danger – especially if we look after our bodies. Like a lot of people who are getting on, I find ...The Guardian - World -
Biden on Trump’s next Supreme Court pick: ‘Do you think he’ll put anybody who has a brain?’
President Biden asked the audience at an NAACP Detroit chapter dinner to consider whether they think former President Trump, if elected for a second term in the White House, would fill hypothetical vacancies at the Supreme Court with “anybody who ...The Hill - Politics - Joe Biden -
Yet Another Study Suggests Sleep Clears Toxic Gunk From Our Brains
Sleep is essentially the brain's dishwasher, scientists recently found. So maybe it's time to get some more shut eye?Inc. - Business -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
Weka scores $140M to supercharge AI workloads with ‘dynamic data pipelines’
With this funding, Weka will augment its cash reserves from previous rounds and work towards scaling the business to meet the demand for AI infrastructure in the wake of the generative AI boom.VentureBeat - Tech -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Reddit-OpenAI deal highlights demand for social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
Neuroscience Says 6 to 10 Minutes a Day Can Make You Smarter, More Focused, and Even Increase the Size of Your Brain
Surprisingly, one study shows that even two minutes of this type of activity provides clear cognitive benefits.Inc. - Business -
Federal Consumer Financial Watchdog Survives Supreme Court Scrutiny
Justice Clarence Thomas, writing for a 7-2 court, said that Congress has wide discretion in structuring the way federal agencies are funded.The Wall Street Journal - World -
US Supreme Court rejects challenge to top consumer finance agency
Case had questioned the constitutionality of financing for the Consumer Financial Protection BureauFinancial Times - Business -
Democrats cheer after Supreme Court rejects challenge to consumer bureau
Democrats and financial industry critics celebrated Wednesday after the Supreme Court rejected a challenge to the Consumer Financial Protection Bureau's (CFPB) funding structure. “The United States Supreme Court follow the law, and the CFPB is ...The Hill - Politics -
What the Supreme Court Ruling Means for Other Consumer Bureau Actions
A score of court cases involving the Consumer Financial Protection Bureau can now proceed, but it is still likely to face legal challenges.The New York Times - Business -
Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.The Wall Street Journal - Business - China -
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.CNBC - Business -
Some consumers are punting big purchases like pools and mattresses
Americans are kicking the can down the road on some more costly, traditionally financed purchases as elevated inflation and interest rates bite.NBC News - Top stories -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
Are consumers pulling back on spending? It depends which CEO you ask
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.NBC News - Top stories