The increasing scrutiny of Cannon
The increasing scrutiny of Cannon's actions means she will be the latest judge to be drawn into a vortex of political second guessing in the Trump era of American politics. The way that Cannon has acted has fueled debate over her motivation. After the Trump team filed a threadbare legal document requesting a special master, for example, the judge gave them time to refine their arguments. At times, her Monday opinion seemed to mirror the conservative criticism of the DOJ -- including on t...
The increasing scrutiny of Cannon
The increasing scrutiny of Cannon's actions means she will be the latest judge to be drawn into a vortex of political second guessing in the Trump era of American politics. The way that Cannon has acted has fueled debate over her motivation. After the Trump team filed a threadbare legal document requesting a special master, for example, the judge gave them time to refine their arguments. At times, her Monday opinion seemed to mirror the conservative criticism of the DOJ -- including on t...
California. It released its own rules for testing
California. It released its own rules for testing autonomous vehicles in 2015, and hasn't backed down from conflict. Uber provoked the DMV in 2017 when it tested autonomous vehicles in San Francisco without a required DMV permit. The DMV revoked Uber's vehicles' registrations in response, and Uber pulled its cars from San Francisco streets. (Uber fled to the looser regulations of Arizona, but was kicked out of the state in 2018 after one of its test vehicles was involved in a h...
California. It released its own rules for testing
California. It released its own rules for testing autonomous vehicles in 2015, and hasn't backed down from conflict. Uber provoked the DMV in 2017 when it tested autonomous vehicles in San Francisco without a required DMV permit. The DMV revoked Uber's vehicles' registrations in response, and Uber pulled its cars from San Francisco streets. (Uber fled to the looser regulations of Arizona, but was kicked out of the state in 2018 after one of its test vehicles was involved in a h...
Wall Street's lavish bonuses are getting slashed
Wall Street's lavish bonuses are getting slashedOne year ago, Wall Street bankers were pulling crazy hours to work through a never-ending pipeline of deals. Their reward? Record payouts during bonus season. But times have changed. Companies worried about the outlook and rising interest rates are conserving cash instead of hunting for takeover targets, and firms that would have considered going public have decided to wait for market volatility to let up. For bankers, that means less cash ...
Wall Street's lavish bonuses are getting slashed
Wall Street's lavish bonuses are getting slashedOne year ago, Wall Street bankers were pulling crazy hours to work through a never-ending pipeline of deals. Their reward? Record payouts during bonus season. But times have changed. Companies worried about the outlook and rising interest rates are conserving cash instead of hunting for takeover targets, and firms that would have considered going public have decided to wait for market volatility to let up. For bankers, that means less cash ...
Consumer spending, the largest part of the US economy
Consumer spending, the largest part of the US economy, is rising. That's a good sign for the economy. Household spending grew in June by 1.1%, up from a revised 0.3% increase in May, the Commerce Department reported on Friday. That growth, however, could be the result of rising inflation. Overall, Americans are growing pessimistic about the economy. The Conference Board Consumer Confidence Index decreased in July for the third straight month. About 43% of 3,000 respondents said they thin...
Consumer spending, the largest part of the US economy
Consumer spending, the largest part of the US economy, is rising. That's a good sign for the economy. Household spending grew in June by 1.1%, up from a revised 0.3% increase in May, the Commerce Department reported on Friday. That growth, however, could be the result of rising inflation. Overall, Americans are growing pessimistic about the economy. The Conference Board Consumer Confidence Index decreased in July for the third straight month. About 43% of 3,000 respondents said they thin...
Brace for layoffs
Will there be a recession? And, if so, just how bad will it be for my finances? Those questions are looming large for Americans after the Federal Reserve yet again raised rates to combat high inflation, and the latest gross domestic product report showed that the economy slowed for the second quarter in a row. But at the same time, the job and housing markets are still going strong, though they've cooled a bit. That's created a lot of mixed signals. The White House and other governm...
Brace for layoffs
Will there be a recession? And, if so, just how bad will it be for my finances? Those questions are looming large for Americans after the Federal Reserve yet again raised rates to combat high inflation, and the latest gross domestic product report showed that the economy slowed for the second quarter in a row. But at the same time, the job and housing markets are still going strong, though they've cooled a bit. That's created a lot of mixed signals. The White House and other governm...
