US market | Inflation, AI and workforce trends take center stage as the Fed’s Mary Daly outlines policy priorities

Mary Daly, president of the San Francisco Federal Reserve, said the U.S. central bank still needs to ensure inflation remains sustainably lower. She noted that while advances in artificial intelligence can help alleviate price pressures by increasing productivity, maintaining a modestly restrictive policy stance remains important, according to Reuters.Speaking at an event at San Jose […]

Live Nation’s monopoly lawsuit is reportedly causing a rift in Trump’s Justice Department

Live Nation executives reportedly bypassed the Justice Department’s antitrust division by negotiating directly with more sympathetic senior officials in hopes of avoiding a monopoly lawsuit. Citing “people familiar with the matter,” Traffic lights reports that some talks have ruled out antitrust chief Gail Slater, who has pushed for a trial in March after inheriting the […]

Lawmakers are pushing for companies to tell their customers when their products will die

Tuesday two Lawmakers in Massachusetts introduced two bills to the state House And Senate which, if passed, would create a state law requiring companies to tell customers when service on their connected products ends. It’s an effort intended to reduce cybersecurity risks and also increase consumer protection. With knowledge of future support, consumers can confidently […]

Cleveland Guardians pitchers have been charged with manipulating online betting

Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz were indicted in Brooklyn on charges that she illegally conspired rig betting on pitches thrown during games. The two were charged with wire fraud conspiracy, conspiracy to influence sports competitions by bribery and money laundering conspiracy, among other charges. According to the indictment: The defendants agreed in […]