Nov 30 (Reuters) – A Democratic senator and chair of a key committee on Wednesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency, the latest sign of pressure for tougher regulations following the collapse of crypto exchange FTX.

Nov 21 (Reuters) – The U.S. Federal Aviation Administration (FAA) on Monday proposed new rules that would help pave the way for commercial air taxi operations by around the middle of the decade. Electric vertical takeoff and landing aircraft (eVTOL) have been touted as flying taxis that could be the future of urban air mobility. […]

WASHINGTON, Nov 3 (Reuters) – Ford Motor Co (F.N) said on Thursday the U.S. Treasury Department should limit the definition of a “foreign entity of concern” to ensure more electric vehicles can qualify for up to $7,500 in consumer tax credits.

Nov 2 (Reuters) – The Miss United States of America beauty pageant cannot be forced to allow transgender women to compete because doing so would interfere with its ability to express “the ideal vision of American womanhood,” a U.S. appeals court ruled on Wednesday. The San Francisco-based 9th U.S. Circuit Court of Appeals in a […]

Nov 2 (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a new pricing mechanism that has drawn opposition from fund managers. The market disruptions of March 2020 reinforced the fact that liquidity can deteriorate rapidly, said the […]

Britain is spending more of its international development budget at home than in poor developing countries, development experts have said. A large proportion is being spent on housing refugees, mainly from Ukraine, according to the Centre for Global Development (CGD). Rishi Sunak was criticised for slashing the foreign aid budget from 0.7% to 0.5% of […]

Oct 26 (Reuters) – Seagate Technology Holdings said in a filing on Wednesday that it has been warned by the U.S. government that the company may have violated export control laws by providing hard disk drives to a customer on a trade blacklist. The customer is China’s Huawei, a source familiar with the matter told […]

FOUNTAIN VALLEY, California — Inside a three-story pastel mansion in this quiet suburb south of Los Angeles, Auntie Wang cradles a 2-week-old baby girl named Echo. “The more time you spend with her, the more she is attached to you,” says Auntie Wang, who moved to the United States seven years ago from China. “You […]

Oct 19 (Reuters) – A federal appeals court ruled on Wednesday that the U.S. Consumer Financial Protection Bureau’s funding apparatus is unconstitutional, faulting a system Democrats designed to insulate the agency from requiring congressional appropriations. The New Orleans-based 5th U.S. Circuit Court of Appeals

FSB to Present Global Crypto Regulation Plan To Finance Ministers LightRocket via Getty Images U.S. dithering in creating clear rules for cryptocurrencies is putting European countries in the driver’s seat for deciding worldwide regulations as the world’s largest economies prepare to receive recommendations for how to proceed. The Financial Stability Board (FSB) is set to […]

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