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US Supreme Court appears inclined to rein in federal agencies
US Supreme Court appears inclined to rein in federal agencies
Economy
by  AFP

The conservative-leaning US Supreme Court on Wednesday appeared inclined to weaken the power of federal agencies, which regulate myriad issues affecting the everyday lives of Americans -- from consumer safety to air pollution. In June 2022, the Supreme Court had already limited the power of federal agencies to an extent.

Samsung turns to AI to regain smartphone throne
Samsung turns to AI to regain smartphone throne
Technology
by  AFP

Samsung on Wednesday released its latest Galaxy smartphones with new artificial intelligence features as the South Korean giant seeks win back its spot as the world's biggest phone seller from Apple. The S24 came out just days after industry data showed that Apple's iPhone for the first time became the world's biggest selling smartphone after Samsung's 12-year run as leader.

Apple hit again with US ban in watch patent feud
Apple hit again with US ban in watch patent feud
Economy
by  AFP

A federal appeals court on Wednesday ordered Apple to halt the US sale of its latest smartwatch models in a feud over patents with health company Masimo. The ban on certain Apple smartwatch models will come into effect Thursday as the iPhone juggernaut is ordered to await the outcome of its appeal.

US business 'optimistic' about interest rates cuts: Fed
US business 'optimistic' about interest rates cuts: Fed
Economy
by  AFP

US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday. In past weeks, businesses have sounded optimistic about the likelihood of lower rates in the months to come, the Fed announced in its regular update of economic conditions known as the "beige book."