FTC Launches Inquiry into Tech Companies’ AI Investments

The commission examines the impact on competition and innovation. The Federal Trade Commission (FTC) issued orders to Alphabet, Amazon, Anthropic, Microsoft, and OpenAI, requiring them to provide information…

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White House Expands Small Business Access to Federal Contracts

OMB guidance expands access for small businesses to high-value and high use contracts. President Biden’s administration released guidance this week on the expansion of access to federal contracts…

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Prosecutors Allege Senator Menendez Received Gifts from Qatar

Allegations in addition to ongoing trial for fraud, bribery, and conspiracy. U.S. prosecutors brought new allegations against Senator Bob Menendez of New Jersey this week in his ongoing…

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SEC Committee Discusses Proposed Regulation of Financial AI

Opinions differ regarding the purpose of regulation. An advisory committee for the Securities and Exchange Commission (SEC) recently met to review the agency’s latest draft for a policy…

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DOE Invests in Expansion of Energy Workforce Training

17 assessment centers and 10 training centers were selected to receive funding. The Department of Energy (DOE) announced this month that it will distribute $40.8 million to 17…

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Legislation Introduced to Reauthorize Quantum Research

The previous authorization expired on September 30. House Science, Space, and Technology Committee members proposed a bill that would reauthorize the U.S. development of quantum research, funding for…

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Administration Updates Rules on Junk Fees in Retirement Planning

SEC regulation will close loopholes allowing advisors to recommend products that do not offer benefits. President Joe Biden and administration officials have announced tightened rules to clamp down…

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FTC Reports Increase in Social Media Scams

Latest figures show consumers have lost $2.7 billion since 2021. The Federal Trade Commission (FTC) recently released data regarding scams on social media, which have caused the greatest…

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5th Circuit Court Upholds Nasdaq Board Diversity Rule

Judges state the board information is important for transparency. The 5th Circuit Court of Appeals rejected the latest lawsuit filed by Edward Blum and upheld Nasdaq’s board diversity…

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Treasury Department Announces New Sanctions on Hamas 

The goal is to cut off their access to funds. The Department of the Treasury announced a series of new sanctions against the terror group Hamas on Wednesday…

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