WASHINGTON (AP) — A federal judge has agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau. U.S. District Judge Amy Berman Jackson agreed to issue a preliminary injunction that maintains the agency’s existence until she rules on the merits of a lawsuit seeking to preserve the bureau. The judge said the…… MORE
WEST PALM BEACH, Fla. (AP) — A White House official says President Donald Trump has commuted the sentence of Ozy Media co-founder Carlos Watson. Watson was convicted last year in a financial conspiracy case involving the defunct company. The commutation came just as Watson was due to report Friday to prison for a nearly 10-year…… MORE
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will…… MORE
NEW YORK (AP) — A federal judge has halted the Trump administration’s efforts to dismantle the Voice of America, the eight-decade-old U.S. government-funded international news service. The judge calls the move a “classic case of arbitrary and capricious decision making.” Judge James Paul Oetken blocked the U.S. Agency for Global Media, which runs Voice of…… MORE
WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. Americans’ spending rebounded in February after a fall last month and incomes increased. Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a…… MORE