WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts. Powell said Tuesday that the economy is in a good position and that…… MORE
Musk’s ‘Robotaxis’ Draw Regulatory Scrutiny After Video Shows One Driving In An Opposing Lane
Federal traffic safety regulators are looking into suspected problems with Elon Musk’s test run of self-driving “robotaxis” in Texas after videos on social media show a few of them braking suddenly or going straight through an intersection from a turning lane and driving down the wrong side of the road. The National Highway Traffic Safety…… MORE
Federal Judge Orders Trump Administration To Release EV Charger Funding In 14 States
SACRAMENTO, Calif. (AP) — A federal judge has partially granted a preliminary injunction that sought to release funds for the build out of electric vehicle chargers in more than a dozen states. The decision comes after 16 states and the District of Columbia sued the Trump administration for blocking funding for EV chargers that was…… MORE
Anthropic Wins Ruling On AI Training In Copyright Lawsuit But Must Face Trial On Pirated Books
In a test case for the artificial intelligence industry, a federal judge has ruled that AI company Anthropic didn’t break the law by training its chatbot Claude on millions of copyrighted books. But the company is still on the hook and could now go to trial over how it acquired those books by downloading them…… MORE
Louisiana Files Lawsuits Alleging Pharmaceutical Giant CVS Deceived Customers In Text Messages
NEW ORLEANS (AP) — Louisiana accused pharmaceutical giant CVS of using its dominant market position to abuse customer information, drive up drug costs and unfairly undermine independent pharmacies. Louisiana Attorney General Liz Murrill announced Tuesday she had filed several lawsuits against CVS after the company sent out mass text messages to thousands of state residents…… MORE