U.S. News
Boeing 737 Max 10 certification delayed by software issue, FAA says
The FAA administrator said the Max 10 will be delayed until the agency can assess a software issue on the aircraft.
Supreme Court Justice Alito will not participate in big climate change case next week
Environmental groups had called for Supreme Court Justice Samuel Alito to recuse himself from the case involving ExxonMobil and Suncor Energy.
Feds can’t withhold counterterrorism funds from states to force election admin changes, judge rules
The judge said FEMA never explained how the election changes it wanted were “tied to the goal of shoring up vulnerabilities to terrorist attacks.”
IRS hires Joseph Velli to help administer Trump accounts
Velli previously served on the boards of Paychex, Cognizant and Computershare.
Senate tees up college sports bill aimed at regulating NIL deals
The Senate is due to vote Monday on the bill, which would create a national framework for name, image and likeness deals in college athletics.
Which 10-year yield level will really start to hit stocks? Here’s what history suggests
The record suggests that the 10-year yield will have to approach 7% in order to meaningfully hurt stocks, according to Bank of America.
Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration’s economic policy team.
Nvidia share buyback plan gets $150 billion boost
Nvidia said the buyback boost marks the largest share repurchase authorization increase in history.
Meta, Google, Amazon, Microsoft draw Sen. Warren questions about AI tax subsidies
Sen. Elizabeth Warren is asking the leaders of Meta, Google, Amazon and Microsoft about AI and data center subsidies authorized by GOP legislation.
Nvidia releases software platform to stop AI agents from misbehaving
Nvidia says its new software could have prevented OpenAI’s Hugging Face incident.
U.S., China to lower tariffs on $60 billion of goods. Here’s what qualifies
The lists included U.S. imports of toys, sports equipment and Christmas decorations, while U.S. farm products appeared on the list of Chinese imports.
Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens
Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.
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