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Issue:CommerceIssue:FoodIssue:TechnologyIssue:EconomyOutlet:USA HeraldClear all

26 articles, grouped into stories

Visa Mastercard Antitrust Suit Targets Card Giants Over Billions in Merchant FeesA San Diego pizza restaurant has taken aim at two of the world’s biggest payment networks, accusing Visa and Mastercard of continuing to squeeze merchants with excessive “swipe fees” despite billions of dollars already paid to resolve earlier antitrust litigation. The Pizza Standard filed a proposed class action Thursday in federal court in New York,…
USA Herald6d agoWhole story →
EconomyCommercevisa mastercard antitrust suit
Government Spending: Trump Administration Moves to Cancel Nearly $1 Billion Approved by CongressThe Trump administration is moving to cancel nearly $1 billion in government spending that Congress previously approved. This is triggering a new dispute over presidential authority and Congress's constitutional power over federal appropriations. The White House announced the proposed rescission Sept. 25, targeting programs involving immigrant services,…
USA Herald7d agoWhole story →
GovernmentEconomypresidential rescission proposal
Benz Won’t Be Banned Under Chinese Car Bill, but Aston Martin and Lotus Could BeThe Fight Over Who Gets Shut Out Sponsor Bernie Moreno says Mercedes-Benz won't be banned, but talks on how to protect it are still open. Volvo, Aston Martin and Lotus remain exposed because Geely owns or backs them. Rand Paul, the lone holdout, says he'll step aside if Mercedes comes out of the bill. By Mercedes-Benz will be exempted from a Senate…
USA Herald8d agoWhole story →
GovernmentEconomyBernie MorenoRand Paulchinese vehicle ban bill
Trump Launches America.gov AI Portal That Could Change How Americans Deal With the Federal GovernmentWhat Americans Need to Know gov is now an AI-powered front door to federal information, allowing users to ask government questions in ordinary language and receive answers tied to official sources. Trump’s executive order goes much further than a chatbot, directing agencies to connect major online services and Login.gov to the new portal. The bigger…
USA Herald9d agoWhole story →
GovernmentTechnologyamerica gov launch
Florida’s Hidden Insurance Report Puts $1.3 Billion In Affiliate Profits At Center of Governor’s RaceWhat Florida Homeowners Need to Know A state-funded examination found insurers reported $432 million in losses from 2017 through 2019 while affiliated companies generated roughly $1.3 billion in net income. David Jolly wants tighter controls on affiliate payments and proposes moving hurricane and wind risk into a state-backed fund. Byron Donalds favors…
USA Herald10d agoWhole story →
GovernmentEconomyByron Donaldsflorida governors race
Sixth Circuit Guts Kalshi’s Federal Shield, Rules Sports Bets Are Just BetsTHE SWAP DEFENSE FALLS APART The Sixth Circuit says Kalshi's sports contracts are ordinary bets, not federally protected swaps. Ohio and Tennessee can now enforce their gambling laws against the company. The ruling deepens a three-way circuit split that's pushing this fight straight toward the Supreme Court. By Samuel López | USA Herald Kalshi just Sixth…
USA Herald12d agoWhole story →
GovernmentTechnologysixth circuit ruling on sports bets
Ponzi Scheme Promised 15% Weekly Returns, Delivered $406 Million in Losses Instead, CFTC SaysThe Fraud, By the Numbers Federal regulators say four men ran a forex trading scam that pulled in nearly $1 billion from everyday investors. Almost all of that money never touched a currency market — it went straight into the pockets of the people running the operation. Participants who bought in are now out at CFTC charges Cash FX Group, CEO Huascar…
USA Herald12d agoWhole story →
EconomyJusticecftc forex scam charges
Mark Frisbie Crop Insurance Fraud Probe: Farm Manager Pleads Guilty in $3.2M SchemeA southwest Florida farm manager could spend years behind bars and be ordered to repay more than $3 million after admitting to his role in a federal crop insurance fraud scheme. Mark Frisbie, 60, of Punta Gorda, pleaded guilty to one count of making a false statement on a federal crop insurance claim, according to Mark Frisbie Crop Insurance Fraud Probe…
USA Herald15d agoWhole story →
JusticeFoodcrop insurance fraud probe
TikTok to Pay $400 Million to Settle Justice Department Child Privacy LawsuitTikTok and its parent company, ByteDance, have agreed to pay $400 million to settle a U.S. Justice Department lawsuit alleging violations of federal children's privacy protections. The settlement resolves litigation filed in 2024 and represents one of the largest recoveries obtained under the Children's Online Privacy Protection Act, or COPPA, according…
USA Herald18d agoWhole story →
TechnologyJusticetiktok privacy lawsuit settlement
Action Lawsuit Claims Meta AI Glasses Captured and Shared Intimate Images Without ConsentBy Samuel López | USA Herald SAN FRANCISCO - A growing federal privacy battle over Meta’s artificial-intelligence glasses is putting one of the most difficult questions surrounding wearable AI technology before the courts: What happens when an AI device sees something its owner—or the person standing in front of it—never intended to share? More than 70…
USA Herald20d agoWhole story →
TechnologySecurity
America’s Golden Dome Pushes U.S. Missile Defense Into Space As Interceptor Race AcceleratesKey Facts The Space Force is developing low-Earth-orbit interceptors intended to engage missile threats in boost, midcourse and glide phases. Congress has committed billions to space-based interceptors, missile-tracking sensors and hypersonic defense, while major technical questions remain. Golden Dome is creating new legal, insurance, cyber and…
USA Herald21d agoWhole story →
TechnologySecuritygolden dome project development