Government And Institutions

KPMG audited Silicon Valley Bank and Signature Bank and gave both financial institutions clean bills of health just days before regulators shuttered both financial institutions

The FDIC on Friday took control of Silicon Valley Bank in order to secure depositors after a run on the bank led California regulators to shut it down.

There is a scarcity of a certain albuterol medication product  – and the Food and Drug Administration said Wednesday night that it is "working to address" that.

President Biden’s nominee to lead the Internal Revenue Service has received confirmation by the Senate. The vote to confirm Daniel Werfel had a 54-42 result.

The Department of Transportation (DOT) launched a dashboard this week that shows what airlines guarantee that children can sit adjacent to an accompanying adult at no extra cost.

A couple million dollars' worth of refunds have started being distributed to customers of the online stock trading website Raging Bull, the FTC announced Monday.

The Biden administration has rolled out a proposed rule tightening the requirements for allowing meat, poultry or eggs to be labeled as a "Product of the USA."

As more deceased whales wash up ashore, conservation groups say these deaths could have been avoided had the White House acted earlier when they received a warning, highlighting this very issue.

Senators Lummis and Gillibrand expect to a “slimmed-down” but “stronger” version of their prior cryptocurrency legislation to the Senate some time in April.

The Consumer Product Safety Commission (CPSC) is seeking public input on the chronic chemical hazards associated with the use of gas ranges, and proposed solutions.

President Biden and Secretary of Transportation Pete Buttigieg are calling on major carriers to

Norfolk Southern announced Wednesday that Chief Executive Alan Shaw will testify before the Senate Environment and Public Works Committee Match 9 on the Ohio train derailment.

TikTok on Wednesday announced that it is setting a new default time limit for users under 18 years old amid growing scrutiny over the popular social media app.

Sen. Ted Cruz, R-Texas, on Wednesday said President Biden's nominee to lead the Federal Aviation Administration, Phil Washington, is not qualified for the job.

The U.S. Postal Service has awarded a contract to Ford Motor Co. to supply more than 9,000 new electric vans for its mail truck fleet as part of a long-term $9.6 billion investment in building an electric fleet.

Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."

The CBO projects that the cost of servicing the national debt will more than double over the next decade to over $1.4 trillion in interest payments in FY2033.

A federal judge in Michigan has vacated his order blocking Starbucks from firing employees who attempt to unionize, citing "certain errors" in his opinion.

An overheated bearing on a railcar was the likely cause of the Norfolk Southern train derailment in East Palestine, Ohio, federal officials said Thursday.

The Federal Trade Commission released data showing that American consumers reported losing $8.8 billion to scammers in 2022, an increase of more than $2 billion from a year ago.