President Trump fired the two Democratic members of the Federal Trade Commission on Tuesday, a rejection of the corporate regulator’s traditional independence that will clear the way for the administration’s agenda and could draw a legal challenge. The White House told the Democrats, Rebecca Kelly Slaughter and Alvaro Bedoya, that the president was terminating their…
The calls, texts and emails start coming in before 6 in the morning: restaurants, bakeries and others desperate to find eggs. Brian Moscogiuri is an egg broker. A vice president for the wholesale company Eggs Unlimited, he works the phone in his home office in Toms River, N.J., until late into the evening, trying to…
The nation’s largest association of psychologists this month warned federal regulators that A.I. chatbots “masquerading” as therapists, but programmed to reinforce, rather than to challenge, a user’s thinking, could drive vulnerable people to harm themselves or others. In a presentation to a Federal Trade Commission panel, Arthur C. Evans Jr., the chief executive of the…
The Federal Trade Commission filed a lawsuit on Thursday against the largest apartment landlord in the United States, Greystar Real Estate Partners, accusing it of charging tenants hundreds of millions of dollars in hidden fees. Greystar, which according to the National Multifamily Housing Council manages nearly 800,000 apartments across the country, routinely failed to notify…