The Wall Street Journal reports: A powerful Democratic senator has launched an inquiry into bank misconduct, asking top financial institutions to turn over information about the settlements they have entered into with federal agencies over the past decade. Sherrod Brown of Ohio, the top Democrat on the Senate Banking Committee, asked banks in a letter […]
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Alison Frankel at Reuters has this article today.
If you think so, Chrysler has a deal for you: a discount in exchange for agreeing to binding arbitration. Of course, if there's a problem with the car, then you may end up out way more than $200, and the notoriously business-friendly arbitration system is unlikely to help with that. This story on Jalopnik explains. […]
Here. Non-disparagement clauses are suddenly drawing a lot of attention.
The Washington Post reports: The District would become the most generous place in the country for a worker to take time off after giving birth or to care for a dying parent under a measure supported by a majority of the D.C. Council. Under the legislation that will be introduced Tuesday, almost every part-time and […]
Yesterday, the U.S. and 11 other nations from North and South America, Asia, and the South Pacific reached agreement on the Trans Pacific Partnership (TPP), a huge trade deal years in the making. What does the text say? That's still a secret — the New York Times reports that the 30 chapters of the agreement […]
…is the first part of a four-part investigative report by WAMU (Washington D.C.'s NPR affiliate) about exploitative lending practices in the Commonwealth, including how a lender transforms a loan with a capped interest rate into one without. Part I, which aired yesterday, is here. Part II aired this morning and is available here. The remainder […]
Read The Decline of Big Soda by Margot Sanger-Katz in the New York Times. Sanger-Katz explains: Over the last 20 years, sales of full-calorie soda in the United States have plummeted by more than 25 percent. Soda consumption, which rocketed from the 1960s through 1990s, is now experiencing a serious and sustained decline. * * […]
The 2010 Dodd-Frank law prescribed 390 rule-making requirements and 249 now have finalized rules, while another 58 have rule proposals, according to a study by the law firm Davis Polk. That means about one fifth of the required rules haven't even been proposed. You can read about it in the WSJ (subscription required, unfortunately), here. […]
The Washington Post reports on a new study in the American Journal of Epidemiology supporting the conclusion that "The most disadvantaged are more likely — and have grown even more likely over time — to die in car crashes than people who are well-off." Indeed, "the inequality of traffic fatalities is getting worse, even as it […]