US regulators

Ireland's Data Protection Commission has fined Google €403 million for breaching the EU's General Data Protection Regulation, according to the Irish Times. The penalty from Google's lead European regulator ranks among the larger GDPR fines issued to a major technology company, and the ruling is likely to fuel ongoing debate about how EU watchdogs police the data practices of large US platforms.

The Trump administration is moving to roll back clean car regulations that were designed to reduce climate-warming emissions from vehicles. The plan would weaken emissions standards for cars and light trucks, reversing one of the flagship US climate policies of recent years. Environmental groups are expected to oppose the move, while automakers face uncertainty over which rules will apply.

The US government is reportedly seeking to intervene in Elon Musk's €120 million legal battle with the European Union over regulatory penalties in Brussels. The case has become a flashpoint in tensions between Washington and the EU over tech regulation, with American officials backing Musk's challenge to European enforcement actions against his companies.

US Supreme Court Justice Samuel Alito will no longer take part in a pending climate change case before the court. The announcement, reported by SCOTUSblog, removes one justice from a dispute with potential consequences for climate regulation, leaving eight justices to decide the outcome. Reasons for the withdrawal were not stated in the report.

Speaker Mike Johnson is set to join Donald Trump for meetings with leading technology executives focused on the risks posed by artificial intelligence. The talks come as Washington weighs how to regulate fast-moving AI development while keeping the US competitive, and they signal that AI policy is moving up the agenda for lawmakers and industry leaders alike.

Prediction market operator Kalshi is moving into sports betting, a shift that is raising questions about how US regulators classify and govern prediction markets versus traditional sportsbooks. The expansion tests whether event contracts on game outcomes fall under existing betting rules, and regulators, rivals and legal experts are watching closely to see how the boundaries are drawn.

US House Speaker Mike Johnson says President Trump's meeting with technology chief executives will focus on finding the right balance on artificial intelligence. The discussion is expected to weigh innovation and industry growth against regulation and safety concerns. The meeting brings the Trump administration face to face with leading AI companies as Washington shapes its approach to governing the fast-moving technology.

US Supreme Court Justice Samuel Alito will not take part in a pending climate change case, according to multiple US news outlets. No reason for his recusal was given in the reports. His absence could affect the outcome of the case, which is seen as pivotal for climate-related litigation and regulation in the United States.

US Supreme Court Justice Samuel Alito has withdrawn from a major climate case, reversing an earlier decision to take part. The move comes amid scrutiny over potential conflicts of interest surrounding the justice. The reversal is drawing attention to ethical questions facing the Supreme Court and to the stakes of the climate litigation, which could have significant consequences for environmental regulation in the United States.

US Congressman Ro Khanna is preparing to introduce an AI safety bill that would ban the development of 'recursive' artificial intelligence — systems that improve themselves — until adequate safeguards exist. The proposal adds to a growing debate in Washington over how to regulate advanced AI, with lawmakers weighing innovation against risks from systems that could evolve beyond human oversight.

Executives from OpenAI, Anthropic, Google and Meta are set to attend a meeting at the White House to discuss artificial intelligence policy. The gathering brings together the leaders of the biggest AI developers with US government officials, underscoring Washington's growing focus on regulating and managing the risks of rapidly advancing AI technology.

US Supreme Court Justice Samuel Alito has recused himself from a major climate case amid scrutiny over his holdings in oil stocks. The decision removes him from proceedings with potentially far-reaching consequences for climate regulation, and it has renewed debate over the ethical standards and financial disclosure rules governing Supreme Court justices.

Barron's examines how the upcoming US midterm elections could affect financial markets this year. The analysis points to the historic pattern that midterm years often bring market volatility, with investors weighing how potential shifts in congressional control could influence policy on taxes, spending and regulation. Traders and commentators are watching the vote closely for clues about the market's direction.

Mistral's chief executive has argued that the American debate over AI safety serves to disguise negligence by competitors, suggesting that warnings about risks are being used as a competitive tool rather than a genuine concern. The remarks add to ongoing tensions between European and US AI companies over regulation and how rapidly the technology should be deployed.

Six banks have failed in the United States so far this year, according to the FDIC's failed bank list, with one of the closures in Indiana. Bank failures occur when regulators seize an insolvent institution, typically with deposits transferred to another bank. The figure keeps attention on the health of the US banking sector and whether stress is building among smaller lenders.

Chinese regulators may approve Alibaba's purchase of Nvidia RTX chips, according to a report by The Information picked up by Bloomberg. The potential approval would mark a notable shift in China's stance on Nvidia products amid ongoing US-China tensions over semiconductor exports. The report was among the most-read business stories globally.

US lawmakers are reviewing a series of proposals aimed at securing artificial intelligence systems and protecting them from misuse. The measures under consideration in Congress would address AI-related security risks, reflecting growing legislative attention to how rapidly evolving AI technology could affect national security and critical infrastructure. Details of the individual proposals and their prospects remain limited so far.

The Trump administration is scrapping fuel economy standards put in place under President Biden, including the aggressive mileage requirements that pushed automakers toward electric vehicles. Officials cited slow consumer adoption of EVs and pressure on carmakers as justification for easing the rules. The rollback marks a significant reversal of Biden-era climate and transportation policy and is drawing attention from automakers, regulators, and environmental groups nationwide.

Prediction market platforms are moving into US single-stock contracts, and regulators are raising concerns about the expansion. The development has drawn coverage from Reuters and regional outlets, with scrutiny focusing on whether these betting-style products on individual stocks should fall under tighter securities oversight. The debate touches on investor protection, market integrity and the blurred line between derivatives and gambling as prediction platforms broaden beyond election and event markets.

The US Department of Education has reinstated Title IX rules from the Trump administration, rolling back protections for LGBTQ+ students. The move restores the 2020 regulations governing how schools handle sexual misconduct complaints while rescinding guidance that extended discrimination protections based on sexual orientation and gender identity. The decision is expected to affect how colleges and schools nationwide interpret their obligations under federal sex discrimination law.

The Trump administration has unveiled rules loosening the nation's fuel economy standards, framing the change as a way to save consumers money. The regulations also mark a further retreat from federal policies encouraging drivers to switch from gasoline-powered cars to electric vehicles, reversing emissions and efficiency requirements that automakers had faced for years.

New York City has subpoenaed Elon Musk and his artificial intelligence company xAI as part of an investigation into AI safety. The move makes the city one of the most prominent US local governments to target a major AI developer directly, and it adds regulatory pressure for Musk, whose AI business is already drawing scrutiny alongside his other ventures.

The US Senate has approved a wide-ranging bill to regulate college sports, advancing despite opposition from some Democrats. The legislation would impose federal rules on the college athletics system, which has been reshaped in recent years by player compensation and conference realignment. The bill now moves to the House, and the split within Democratic ranks highlights ongoing disagreements over how far Congress should go in overseeing the NCAA and athlete rights.

Industry analysts expect more US banks to grow past the trillion-dollar asset mark as consolidation across the American banking sector accelerates. A handful of giants, including JPMorgan Chase, already hold more than a trillion dollars in assets, and further mergers are seen pushing additional institutions toward that threshold. Observers are weighing what ever-larger banks mean for competition and regulation.

President Donald Trump said he met with Anthropic CEO Dario Amodei and again played down concerns about artificial intelligence. The confirmation puts the White House's relationship with one of the leading AI firms in focus, with Trump repeating his view that alarm over the technology is overstated. Observers are watching for signals on future US AI policy and regulation.

The US Education Department has formally removed the 2024 Title IX rule from the books, unwinding the Biden-era regulations that expanded protections for LGBTQ+ students and changed how schools handle sexual misconduct complaints. The move ends litigation over the rule, which courts had partially blocked, and shifts policy back toward the 2020 regulations while schools await further guidance.

US Supreme Court Justice Samuel Alito has recused himself from a major climate-change case scheduled to be heard next week, according to the Washington Times. The recusal means the remaining eight justices will decide a dispute with significant implications for climate regulation. No reason for the step-aside was given in the report, and it is not yet clear how his absence might affect the outcome or the court's ruling.

The US Federal Reserve has put forward proposed rules for stablecoins, according to Payments Dive. The move is part of a broader push by US regulators to set clearer standards for dollar-linked digital tokens, which have become a major pillar of the crypto market. Details of the proposal's requirements and timeline are not yet available.

US Senate lawmakers are moving forward with legislation aimed at regulating name, image and likeness deals in college sports. The bill would create federal rules for the payments college athletes can receive from endorsements and sponsorships, an issue currently governed by a patchwork of state laws and NCAA policies. The move signals growing congressional interest in bringing order to the fast-growing college sports economy.