Missouri sued over alleged decades of underfunding at historically Black universitySeven current and former students at Lincoln University of Missouri sued the state on Wednesday, alleging it violated the US Constitution and federal civil rights law by systematically underfunding the historically Black university for decades.Reuters19h agoWhole story →GovernmentEducationlincoln university funding lawsuit
Fed policymakers divided over rate-hike logic in September, minutes showFederal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike as needed to keep the impact of energy and other price shocks at bay, but a more hawkish core viewing it as necessary to guard against emerging demand-driven inflation.Reuters22h agoWhole story →EconomyPlanetfed rate hike decision
Priceline to face FTC action over deceptive hotel ads, sources sayThe US Federal Trade Commission is gearing up to take action against Priceline.com owner Booking Holdings over online ads that appear to direct consumers to a hotel's site but send them to a third-party site where they are often charged extra, two sources familiar with the matter told Reuters.Reuters1d agoWhole story →TechnologyEconomyftc action on priceline ads
Wall St futures slip as yields and oil rebound; Fed minutes in focusWall Street futures edged lower on Wednesday as Treasury yields and oil prices rose again, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting.Reuters1d agoWhole story →EconomyPlanet
US consumer watchdog examiners adopt lighter touch amid pressure and threats, sources sayExaminers at the US Consumer Financial Protection Bureau gave a largely clean bill of health to most of the companies they inspected earlier this year, a light-touch approach that marked a departure from the past for the watchdog, according to three people with knowledge of the matter.Reuters1d agoWhole story →EconomyCommercecfpb oversight changes
Dollar climbs ahead of Fed minutes; euro slides towards 17-month lowsThe dollar gained against major peers on Wednesday, aided by higher oil prices, while investors awaited Federal Reserve meeting minutes and remarks from policymakers for signals on a potential rate hike.Reuters2d agoWhole story →EconomyPlanet
Northeast Democrats urge Trump administration action as heating oil costs surgeDemocratic lawmakers from northeastern US states urged Energy Secretary Chris Wright to take action to cut soaring heating oil costs they blamed on President Donald Trump’s war with Iran and administration policies, according to a letter seen by Reuters on Tuesday.Reuters2d agoWhole story →SecurityEconomyheating oil price surge
Texas AG Paxton probes Fruit of the Loom, Hanes over potential toxic chemicals in children's underwearTexas Attorney General Ken Paxton launched an investigation on Tuesday into whether Fruit of the Loom and Hanes use toxic chemicals in producing children's underwear.Reuters2d agoWhole story →HealthCommercetexas toxic chemicals probe
US Supreme Court to kick off term with bid by Big Oil to toss climate suitsMonday's arguments mark the latest example of energy-sector companies asking the justices to block climate-related liability or limit federal environmental regulation.Reuters4d agoWhole story →JusticePlanet