Temporary block of Microsoft’s Activision deal granted by judge in response to FTC’s request

A federal judge granted the Federal Trade Commission’s request to temporarily halt Microsoft’s acquisition of video game developer, Activision Blizzard. File Photo by Phil McCarten/UPI | License Photo June 14 (UPI) — Microsoft’s plans to acquire video game developer, Activision Blizzard, for $69 billion have been temporarily halted following a decision by a U.S. federal …

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Draft Bill Proposed to Mandate Federal Reserve in Developing Stablecoin Guidelines

On June 9th, the Republican leader of the House Financial Services Committee introduced a revised draft of the primary legislative proposal for regulating stablecoins. The newly released draft synthesizes certain viewpoints put forth by Democratic lawmakers and includes additional input from Republican committee members. The bill requires that the Federal Reserve create guidelines for issuing …

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U.S. Gasoline Prices Experience Slight Increase Due to Increased Demand

According to recent data, gasoline prices in the US are slowly escalating due to a slight uptick in implied demand. Although crude oil prices remain steady, any indication of higher demand could result in a minor price increase at the pump. AAA reports that the national average for regular unleaded gasoline is currently at $3.58 …

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1. Newborn Lounger Recall Prompts Another Warning After Two Infant Fatalities 2. Two Infant Deaths Result in New Warning Against Use and Sale of Recalled Newborn Loungers

The Consumer Product Safety Commission is urging parents and caregivers to stop using Boppy Newborn Loungers, recalled in 2021, after two more infants died on the “unsafe sleep environment.” Photo courtesy of CPSC June 6 (UPI) — The Consumer Product Safety Commission is reissuing its warning to parents and caregivers to stop using Boppy Newborn …

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During his visit to Washington, British Prime Minister Rishi Sunak aims to promote stronger ties with the U.S.

Britain’s Prime Minister Rishi Sunak (L) will visit Washington on Wednesday and Thursday for talks with American lawmakers, business leaders and U.S. President Joe Biden. File Photo by Simon Dawson/No. 10 Downing Street/UPI | License Photo June 7 (UPI) — British Prime Minister Rishi Sunak will call for the deepening and strengthening of economic and …

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