The FCC's decision is receiving a lot of backlash after repealing the net neutrality regulations. Doug Chin, Attorney General of Hawaii, joined us to share why he and 22 other state attorney generals filed a lawsuit to block the move.
Chin weighs in on what he thinks the Trump administration is ignoring with the repeal of net neutrality. The argument from Hawaii is that the rollback is “arbitrary and capricious” and goes against longstanding policy of the FCC. He says the big issue for Hawaii is they depend on internet for information since they are geographically isolated. In terms of free flow of information, he doesn’t believe it reflects the American way.
The attorney general also discusses the impact of marijuana regulations. He says the big issue is that most banks are not willing to accept money because of federal regulations preventing them from taking on the risk. This results in a cash-only grey market that makes the industry difficult to regulate, says Chin.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
A study from US News and World Report has found the most affordable place to retire is in Ohio.
Millions of households could see higher internet costs next year as the affordable connectivity program could end.
Viveca Chow, NYC lifestyle expert, spoke with Cheddar News to provide tips on how to have some festive fun in the city on a budget.
Apple announced that it's releasing an iPhone security update to prevent attackers from acquiring users' private passcodes.
