2 min read
Business

Energy Department to Cease Gathering Information on Crypto Mining in Light of Lawsuit Settlement

The U.S. Department of Energy has agreed to halt its collection of information on cryptocurrency mining activities following a lawsuit filed by a group of industry stakeholders. This decision comes after concerns were raised about the agency’s efforts to gather data without proper authorization.

2 min read
Business

Boeing Faces Legal Action from Justice Department Over Door Plug Blowout

Safety Concerns
The incident has raised serious safety concerns among aviation experts and passengers alike. The door plug blowout could potentially compromise the structural integrity of the aircraft, posing a major risk to those on board.

3 min read
Business

Treasury Department taps aggressive strategies to curb yields in quarterly refunding announcements

The Treasury Department is making concerted efforts to push down yields through its quarterly refunding announcements. By closely monitoring and managing outstanding debt, the department aims to ensure stability in interest rates and promote economic growth. Let’s take a closer look at the Treasury’s strategy.

2 min read
Business

Department of the Treasury Announces Marketable Borrowing Estimates to Boost Recovery Efforts”

The U.S. Department of the Treasury recently released its latest estimates for marketable borrowing for the upcoming quarter. These estimates provide valuable insights into the government’s plans for financing its operations and funding various programs and initiatives.

3 min read
Business

Apple Faces Antitrust Probe as Justice Department Prepares Lawsuit

The United States Justice Department announced on Monday its intention to file an antitrust case against tech giant Apple Inc. (AAPL) as early as March of this year. This move is part of the ongoing crackdown on Silicon Valley’s dominant players and their allegedly anti-competitive practices.

3 min read
Business

Landmark Department of Labor Rule Could Redefine Employment Status for Gig Workers

In a significant development that could have far-reaching implications, the Department of Labor (DOL) has proposed a new rule that may result in the reclassification of numerous gig workers as employees. The move comes as part of the Biden administration’s broader efforts to address workers’ rights and promote fair labor practices. If implemented, this rule would mark a major shift in the gig economy landscape.

2 min read
Business

Report: Justice Department Engages in Debate over Potential Lawsuit against Apple for iPhone Promotion Tactics

In what could be a significant development for the technology giant, the United States Department of Justice (DOJ) is reportedly considering a potential lawsuit against Apple for its controversial iPhone promotion. According to a recent report, the DOJ is intensifying its scrutiny of Apple’s business practices to determine if they violate antitrust laws.

3 min read
Business

Education Department Under Fire as Record 758K Student Borrowers Encounter Billing Inaccuracies

The Education Department announced today that an additional 758,000 student borrowers have been affected by billing errors, further exacerbating the ongoing crisis in the student loan system. This revelation comes as a blow to the already burdened borrowers who have been struggling with loan repayments amidst a struggling economy.

3 min read
Business

Federal Trade Commission and Justice Department Release 2023 Merger Guidelines

The Federal Trade Commission (FTC) and the Justice Department recently released their updated merger guidelines for the year 2023. These guidelines aim to provide businesses and investors with clearer insights into how the agencies will evaluate mergers and acquisitions moving forward. The release of these guidelines comes as the government continues its efforts to promote fair competition in the marketplace.