U.S. Economy

SEC slaps Citadel Securities LLC with $7 million fine to settle short selling regulations charges

WASHINGTON — The Securities and Exchange Commission fined Citadel Securities LLC $7 million in a settlement of charges that the…

United Auto Workers files labor complaint against Sen. Tim Scott for saying striking workers should be fired

The United Auto Workers union has filed a labor complaint against Sen. Tim Scott for saying workers should be fired…

SEC fines Goldman Sachs $6 million over inaccurate, incomplete trading information

WASHINGTON — The U.S. Securities and Exchange Commission on Friday announced a $6 million penalty against Goldman Sachs for providing…

Credit card losses are rising at the fastest pace since the Great Financial Crisis

Credit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial…

FTC sues Texas anesthesiology provider to bust monopoly

The Federal Trade Commission on Thursday sued the largest anesthesiology provider in Texas, claiming the company has wielded monopoly power…

Florida nurse practitioner convicted in $200 million Medicare fraud scheme

A federal jury in Miami convicted a Florida nurse practitioner of health-care conspiracy and other charges for playing a key…

Florida nurse practitioner convicted in $200 million Medicare fraud scheme

A federal jury in Miami convicted a Florida nurse practitioner of health-care conspiracy and other charges for playing a key…

Fed declines to hike, but points to rates staying higher for longer

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…

Tim Scott and Nikki Haley attack unions as UAW strike threatens to escalate ahead of GOP debate

Several Republican presidential candidates have gone on the attack against unions in response to the United Auto Workers’ strike, despite…

‘Watch out’: Senate Intelligence chair cautions on AI ‘deep fakes’ ahead of 2024 election

WASHINGTON — The chairman of the Senate Select Committee on Intelligence warned Wednesday that artificial intelligence could be manipulated to…