Feds expand Tesla investigation to include vehicle range, personal benefits

Tesla has the attention of the U.S. Department of Justice — again. Tesla has received requests for information, including subpoenas from the DOJ, the automaker disclosed Monday in a U.S. Securities and Exchange Commission filing. The DOJ issued subpoenas related to perks, the advertised range of its EVs and personnel decisions, according to the filing. … Read more

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases while it watches progress unfold in its efforts to bring down inflation. With the Fed set to meet again in two weeks, Waller said he is weighing recent data points against each other to see … Read more

Y Combinator Demo Day, sensible chastity cage hacked, and the feds examine Tesla

Hey, pretty folks — it’s that point of week once more: Week in Assessment (WiR) time. For these unfamiliar, WiR is TechCrunch’s common publication that recaps the foremost occasions in tech over the previous few days. If you happen to’ve been too busy to maintain tabs on latest happenings, don’t panic. WiR is right here … Read more

Feds alert choose to Trump’s ‘If you happen to go after me, I’m coming after you!’ put up

Prosecutors on Friday evening known as a choose’s consideration to a social media put up from Donald Trump — issued hours earlier — through which they are saying the previous president appeared to declare that he’s “coming after” these he sees as answerable for the collection of formidable authorized challenges he’s going through. Attorneys from … Read more

Fed’s Goolsbee sees ‘golden path’ to decrease inflation with out a recession

Chicago Federal Reserve President Austan Goolsbee stated Friday he is assured inflation may be tamed with out a recession, even with further rate of interest will increase probably. Chatting with CNBC following the discharge of the June nonfarm payrolls report, he stated the continuing job development is a part of the Fed’s “golden path” towards … Read more

Feds catch one other LockBit hacker, Justice Division publicizes

The Justice Division has arrested and charged a Russian nationwide for his alleged position in a number of LockBit ransomware assaults in opposition to victims within the U.S. and all over the world. Based on a felony criticism unsealed on Thursday, 20-year-old Ruslan Magomedovich Astamirov is accused of finishing up 5 cyberattacks between August 2020 … Read more