Postal Service upping first-class stamp prices to 66 cents, blames inflation
The U.S. Postal Service announced a hike in first-class stamp prices to 66 cents this week, the second increase so far this year that the agency blames on inflation.
FDIC official says agency was slow to sell failed SVB
A top FDIC official said the agency could have moved more quickly to find a buyer for Silicon Valley Bank after it failed last month, suggesting a lack of urgency worsened the crisis.
Lawmakers warn Chinese e-commerce apps may help avoid enforcement of anti-forced labor laws
Members of Congress wrote to CBP to express concern that Chinese e-commerce firms could skirt U.S. laws against the use of Uyghur forced labor due to a loophole for small shipments.
LA, Chicago, New York counties saw greatest population losses in US in 2022
California's Los Angeles County, Illinois' Cook County and New York's Queens County topped the list of largest population declines in 2022, according to census data.
Moderna's flu shot faces setback, shares fall
Moderna shares are down Tuesday on news that the biotech's potential flu vaccine will need further review to determine its efficacy against influenza.
Federal budget deficit hits $1.1 trillion in first half of fiscal 2023, $430 billion higher than last year
The federal budget deficit shot up to $1.1 trillion in the first six months of fiscal year 2023, according to an analysis by the Congressional Budget Office.
Eye drop recall: What is pseudomonas aeruginosa bacteria?
There are a number of ways patients can protect themselves from an eye infection amid the outbreak of drug-resistant bacteria tied to eye drops such as pseudomonas aeruginosa.
TSMC in talks with US about CHIPS manufacturing subsidy criteria
Taiwan-headquartered chipmaking giant TSMC is in talks with the U.S. government about compliance criteria for obtaining subsidies from the $52 billion CHIPS Act.
Drug companies blast Texas judge for abortion drug decision, call for reversal
Hundreds of pharmaceutical firms including Pfizer wrote an open letter condemning a federal judge in Texas who halted the approval of abortion drug mifepristone.
US, Microsoft reach settlement over tech firm's sanctions violations
The US and Microsoft reached a settlement over the tech firm's apparent violations of sanctions and export controls, the government and the company said.
Fed President Bullard: Credit tightening won’t trip recession
Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks will not tighten credit enough to send the U.S. economy into a recession.
Devastating tornadoes hit US: Tips for staying safe after storms
In the wake of multiple devastating storms and tornadoes, the Consumer Product Safety Commission issued safety tips, including how to avoid carbon monoxide poisoning.
State Department warns passport processing delayed amid 'unprecedented demand'
The State Department extended the processing time for passport applications, saying it is seeing "unprecedented demand" and could hit a record this year.
IRS extends tax filing deadline for storm-ravaged areas in several states
The Internal Revenue Service has issued a series of filing extensions for taxpayers in areas spanning several states that have been impacted by recent storms.
Eyedrop recall: FDA finds sterilization issues at Global Health Pharma facility
The U.S. Food and Drug Administration (FDA) found several issues at Global Pharma Healthcare's facility in India where it manufactured the recently recalled eye drops.
Activision Blizzard settles with DOJ over competitive balance tax for esports players
The Justice Department sued and offered a settlement with Activision Blizzard on Monday over the company's previous plans to impose salary limits on esports players.
FTC orders Illumina to unwind $7B deal for cancer test developer Grail
The Federal Trade Commission has rejected Illumina's $7.1 billion acquisition of cancer detection test maker Grail, saying the deal would stifle competition.
EV tax credit eligibility to be reduced in the coming month
Eligibility for key tax credits could be reduced or lost altogether for a number of electric vehicles in the coming month. Come April 18, EVs will be subject to new rules proposed Friday by the Treasury.
53K Jetson scooters/hoverboards recalled over fire hazards after two reported deaths
Tens of thousands of 42-volt Jetson Rogue self-balancing scooters/hoverboards were recalled because they pose a fire hazard, according to the recall notice posted by the CPSC.
Lawmakers mull raising FDIC deposit insurance cap in wake of SVB bank run
Some lawmakers say Congress should raise the FDIC's $250,000 per depositor cap on insured bank deposits following Silicon Valley Bank's (SVB) collapse. Experts are torn.



















