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BlackRock to spend $1 million on financial literacy in Mississippi

(The Center Square) - BlackRock will direct $1 million toward financial literacy efforts in the state as part of a resolution tied to the state's cease-and-desist order against the investment management company over its environmental, social, and governance (ESG) practices, Mississippi Secretary of State ...
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Texas oil and gas industry reports job gains in March

(The Center Square) - Rebounding from job losses in earlier months, the Texas oil and natural gas industry reported job gains in March. Total jobs are still down over ...
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Chicago aldermen consider $54.7M tax break for United Center project

(The Center Square) - The Chicago City Council may consider a $54.7 million property tax break for owners of the Chicago Blackhawks and Bulls later this month. In 2024, ...
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Illinois Quick Hits: State taxpayers to cover student loan debt for civil engineers

(The Center Square) - The Illinois Department of Transportation has announced that the state will pay $15,000 of eligible student loan debt annually for up to 50 new civil engineers who graduate from Illinois schools. ...
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Dr. Marty Makary intends to resign as FDA commissioner: Sources

(WASHINGTON) -- Food and Drug Administration Commissioner Marty Makary intends to resign on Tuesday, two sources familiar with the matter told ABC News.His departure was in the works after he clashed publicly with lawmakers, major pharmaceutical companies and President Donald Trump himself. He was ...
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DOJ reaches $30 million deal with PayPal over minority-owned business program

(WASHINGTON) -- PayPal has agreed to waive $30 million in processing fees in order to resolve a federal investigation into an investment program that sought to boost Black and minority-owned businesses, the Justice Department announced Tuesday.The probe is just one of a number launched ...
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Soaring fuel costs draw attention to higher prices at name-brand gas stations

(LOS ANGELES) -- A Chevron gas station in Los Angeles elicited headlines in recent weeks for charging an eye-popping $8.71 a gallon, becoming an emblem for the spike in fuel costs set off by the Iran war.Sky-high gas prices nationwide owe primarily to a ...
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Blue Owl retail private credit fund inflows shrink amid investor nerves

May 12 (Reuters) - Blue Owl has seen a 95% drop in new investments at its biggest credit fund for retail investors, according to a regulatory filing, as direct lending came under rising scrutiny. The Blue Owl Credit Income fund (OCIC) ...
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Trump FDA chief is leaving after angering pharma CEOs, vaping lobbyists and anti-abortion groups

WASHINGTON (AP) - The head of the Food and Drug Administration, Dr. Marty Makary, is resigning after a rocky tenure that drew months of complaints from health industry executives, anti-abortion activists, vaping lobbyists and other allies of President Donald Trump. He steps down after just ...
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Trump says US FDA Commissioner Makary is out

By Yasmeen Abutaleb WASHINGTON, May 12 (Reuters) - U.S. Food and Drug Commissioner Marty Makary resigned on Tuesday, President Donald Trump said, the latest leadership change at the federal health department which comes after weeks of public speculation and a mounting pressure campaign. FDA Deputy Commissioner ...
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Explainer-What is in the US Senate’s landmark crypto bill?

By Hannah Lang May 12 (Reuters) - The U.S. Senate Banking Committee late on Monday unveiled the text of a long-awaited, landmark bill that would create a regulatory framework for cryptocurrencies ahead of a scheduled committee vote to advance the bill on Thursday. Dubbed the Clarity ...
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Americans love their iPhones (though sometimes they wish they could live without them)

SAN FRANCISCO (AP) - The American obsession with the iPhone is complicated, as most love-hate relationships are. It sometimes seems like a talisman so magical that we can't fathom living without all the pleasures and conveniences that it bestows almost anytime or anywhere. The iPhone, ...
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