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
A federal judge in Louisiana on Wednesday struck down government regulations requiring most employers nationwide to provide workers with time off and other accommodations for abortions.| AP News
The Associated Press examines false and misleading statements made by Donald Trump and Joe Biden as they prepare to face off in the Election 2024 presidential debate.| AP News
Lawyers for the fishermen are asking the justices to overturn Chevron that is among the most frequently cited high court cases in support of regulatory power.| AP News
The Environmental Protection Agency said Thursday it is delaying planned rules for existing natural gas plants that emit harmful air pollutants and contribute to global warming.| AP News
Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.| AP News
With inflation sticking at a level above their 2% target, Federal Reserve officials are downgrading their outlook for interest rate cuts.| 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