European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc’s competition rules by favoring its own digital advertising services.| AP News
Democrats are embracing an abundance agenda, which focuses on building more housing, transit, and clean energy, but critics warn that it risks enabling corporate capture and exacerbating inequality if not paired with mechanisms to ensure affordability, equity, and democratic accountability.| Davis Vanguard
House Republicans surprised tech industry watchers and outraged many state governments when they added a clause to Republicans’ signature “big, beautiful” tax bill that bans states and localities from regulating artificial intelligence for a decade.| AP News
Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.| AP News