Apple’s Eddy Cue defends default search contract with Google as best option for consumers
Apple’s head of services testified in federal court Tuesday about the company’s agreement to make Google the default search engine on iPhones in the U.S.
Biden calls on Congress to fund government as Moody’s and Wells Fargo warn of shutdown effects
President Joe Biden asked Congress to avoid a government shutdown due to lack of funds. The U.S. credit rating and dollar could be affected otherwise.
Miami man pleads guilty to selling adulterated, misbranded HIV drugs across U.S.
The misbranded HIV drugs, which included Truvada and Biktarvy, were distributed to pharmacies across the U.S. and dispensed to unsuspecting patients.
FTC and 17 states sue Amazon on antitrust charges
The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, “Amazon’s Antitrust Paradox.”
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly higher to bring down inflation.
How the UAW strikes could rekindle inflation just as it’s trending lower
The ongoing United Auto Workers strike could put upward pressure on inflation, according to Barclays, as vehicle prices retreat from their pandemic-era surge.
Trump blasts special counsel’s gag order request in federal election case
Lawyers for former President Donald Trump accused the Biden administration of trying to muzzle its main opponent through the proposed special counsel gag order.
Dimon warns that the Fed could still raise interest rates sharply from here
“I am not sure if the world is prepared for 7%,” he told The Times of India in an interview.
Hunter Biden sues former Trump lawyer Rudy Giuliani over infamous laptop
Hunter Biden has been the focus of attacks on his father, President Joe Biden, by Donald Trump, Rudy Giuliani, conservative members of Congress and media.
Supreme Court rejects Alabama’s bid to use congressional map with just one majority-Black district
The court’s decision is in line with its June ruling in the same case that reaffirmed key protections for minority voters.
