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Legislation Regulations

  • Mark Mallen, owner of Mile High Ice Cream, pictured with a 10-gallon ice cream maker at the commercial kitchen near downtown Denver where employees make cannabis-infused "edibles" for medical marijuana patients.

    Mark Mallen was already a highly successful, ice-cream entrepreneur In Denver when he started making the product for the state's fast-growing medical marijuana market.

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    Ever since the so-called “flash crash” on May 6, policymakers have fretted about the state of equity markets. So have investors. The FT reports.

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    The Office of the Comptroller of the Currency and the Department of Treasury Inspector General are investigating whether or not certain national bank executives lied to or misled bank examiners, CNBC has learned.

  • United States Federal Reserve

    Both the New York Federal Reserve and Bank of America have been trying to calm jittery markets today by explaining that the Fed isn’t taking a regulatory action against Bank of America.

  • Remington Model 700.

    Internal company documents show that at least twice, the Remington Arms Company considered a nationwide recall of its popular 700 series rifles, but decided against it despite thousands of complaints and dozens of lawsuits over inadvertent discharges.

  • Foreclosure Sign

    Texas Attorney General Greg Abbott, who has called for a halt on foreclosures, told CNBC Tuesday, that sorting through the underlying problems caused by some wrongful foreclosures could take months to unwind and require lots of legal work.

  • The balance of power in both houses of Congress are at stake in November's midterm elections. As we countdown to November 2nd, we want to know what issue matters most to the investing public.

  • Timothy Geithner

    The fact that Mr. Geithner takes time from his busy schedule to defend a program that has expired, speaks volumes about the damage TARP is inflicting on politicians associated with it.

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    JPMorgan Chase has a proposition for the mutual funds and pension funds that oversee many Americans’ savings: Heads, we win together. Tails, you lose — alone. The New York Times reports.

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    The public panned it. Republicans obstructed it. Many Democrats fled from it. Even so, the session of Congress now drawing to a close was the most productive in nearly half a century.

  • Your Money Your Vote - A CNBC Special Report

    California gubernatorial candidate Meg Whitman told CNBC Friday that the “way forward,” out of the state's bloated government, deficit and high taxes, was to look at what New Jersey Gov. Chris Christie has done since taking office.

  • A home is advertised for sale at a foreclosure auction in Pasadena, California.

    As if the problems in foreclosures weren't enough, another potential problem for the nation's big banks is raising its head today and is the key reason that shares of banks such as Bank of America are down sharply and credit default swap for some banks are widening.

  • A halt to foreclosures could be a boost to home prices in the near term, Carl Riccadonna, US senior economist at Deutsche Bank, told CNBC Thursday.

  • Sen. Paul Kanjorski

    These could well be the final days for Rep. Paul Kanjorski’s long journey from the coal banks of northeastern Pennsylvania to the halls of power in Washington.

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    A government watchdog is investigating government-owned GMAC Mortgage after a company employee admitted to approving thousands of foreclosures without reading the paperwork.

  • Sphygmomanometer

    The four largest health insurance companies in the US denied coverage to more than half a million individuals because of their pre-existing conditions from 2007 to 2009, according to a congressional investigation.

  • Foreclosure sign

    Up to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mess.

  • A BP cleanup crew removes oil from a beach at Port Fourchon, Louisiana. Officials now say that it may be impossible to clean the hundreds of miles of coastal wetlands affected by the massive oil spill which continues gushing in the Gulf of Mexico.

    Deep water oil drills quieted by a six-month moratorium will again hum off the Gulf Coast, helping an industry that, despite its dangers, puts needed money in the pockets of thousands along the Gulf Coast.

  • Crewmen aboard the motor vessel Joe Griffin look on as the mobile offshore drilling unit Q4000 lowers a pollution containment chamber May 6, 2010 in the Gulf of Mexico. The chamber was designed to cap the oil discharge that was a result of the Deepwater Horizon incident.

    The Obama administration on Tuesday lifted the six-month moratorium on deep water oil drilling in the Gulf of Mexico that was imposed after the BP oil spill.

  • Cigarette in ashtray

    The European Commission is preparing for a smoking ban across the European Union, with legislation introduced as early as next year, according to several media reports Tuesday.