Financial industry regulation

President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)
August 10, 2020 - 10:49 pm
RICHMOND, Virginia (AP) — Governors and state labor department officials were scrambling Monday to determine whether they could implement President Donald Trump’s executive order to partially extend unemployment assistance payments to millions of Americans struggling to find work in the pandemic-...
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August 06, 2020 - 9:55 pm
OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday. AbbVie Inc. agreed to change the way it markets Humira but continues to deny wrongdoing,...
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FILE - In this May 1, 2020, file photo, campaign workers David Woodruff, left, and Jason White, right, deliver boxes of initiative petitions signatures to the Missouri secretary of state's office in Jefferson City, Mo. President Donald Trump is still trying to overturn “Obamacare,” but his predecessor’s health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh to do so under Trump. (AP Photo/David A. Lieb, File)
August 06, 2020 - 5:25 am
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh...
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A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)
August 05, 2020 - 11:16 pm
Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai...
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Treasury Secretary Steven Mnuchin arrives for continued negotiations ahead of a meeting, Wednesday, Aug. 5, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
August 05, 2020 - 9:11 pm
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying. A combative meeting Wednesday involving top Capitol Hill Democrats and the postmaster...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. The EPA said in a statement Wednesday, Aug. 5, 2020 that the vehicles will be recalled. (AP Photo/Bob Edme, File)
August 05, 2020 - 4:44 pm
DETROIT (AP) — About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. Fiat Chrysler says in a quarterly filing with securities regulators that it found the excess pollution during...
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People wearing face masks to help protect against the spread of the new coronavirus pass on a crosswalk on a street in Tokyo, Tuesday, Aug, 4, 2020. (AP Photo/Koji Sasahara)
August 04, 2020 - 11:21 pm
TOKYO — A governor in Japan is drawing skeptical criticism after he touted a gargling product as effective against the coronavirus, an assertion that, despite its dubiousness, emptied some store shelves of the medicine. Shares of Shionogi & Co. and Meiji Holdings Co., which make Isojin, soared...
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FILE - This Jan. 25, 2011 file photo shows a Kodak slide projector in Philadelphia. Photography company Eastman Kodak is set to receive a $765 million government loan to create a new division that will help make ingredients for use in generic drugs. Kodak Pharmaceuticals will make critical pharmaceutical ingredients that have been identified as essential but have lapsed into chronic national shortage, as defined by the Food and Drug Administration. (AP Photo/Matt Rourke, File)
August 04, 2020 - 9:10 pm
Eastman Kodak's potentially lucrative deal to help the U.S. government make more generic drugs domestically is threatening to turn into a regulatory headache for the fallen photography giant. Kodak's depressed stock price surged last week before the company announced its plans to work with...
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FILE - In this July 29, 2020, file photo President Donald Trump arrives to deliver remarks about American energy production during a visit to the Double Eagle Energy Oil Rig in Midland, Texas. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a conservative champion in seemingly endless culture wars. But the president, still trying to fashion himself as an outsider, offers little detail about how he’d pull the levers of government in a second term. (AP Photo/Evan Vucci, File)
July 30, 2020 - 5:41 am
WASHINGTON (AP) — President Donald Trump and his Democratic challenger, Joe Biden, both promise sweeping progress over the next four years –- via starkly different paths. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a...
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FILE - In this June 15, 2018, file photo, cash is fanned out from a wallet in North Andover, Mass. High-interest payday and online lenders have long been among the few options for Americans with bad credit and lower incomes. Guidance issued in the spring by federal regulators cut a previously suggested rate cap on loans and that could mean banks start lending small-dollar, high-interest loans. (AP Photo/Elise Amendola, File)
July 29, 2020 - 9:51 am
For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like acceptable options despite the inherent risk. But guidance issued by federal regulators in the spring could bring a competitor to small-dollar lending: banks. The guidance...
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