Stephanie Kelton's Modern Monetary Theory, which argues government spending constraints are less about debt limits and more about inflation risk, is drawing fresh interest in Washington following recent Democratic electoral victories. The framework had previously influenced spending debates during the Biden administration's early pandemic-recovery efforts before inflation concerns prompted pushback against its premises.
fastcompany.com
· 2026-11-11
New York City has implemented a local rule, set by a January executive order and effective Oct. 1, requiring businesses to let customers cancel subscriptions as easily as they signed up. Mayor Zohran Mamdani announced the measure alongside city officials, and the city launched a webpage where residents can file complaints against companies, including those not based in NYC, and request remedies like refunds and cancellations.
cnet.com
· 2026-10-06
The Department of Transportation announced Monday that the National Highway Traffic Safety Administration has finalized new corporate average fuel economy rules, replacing Biden-era targets. The previous standard called for new vehicles to average 50.4 miles per gallon by 2031; the new rule lowers that requirement to 34.9 miles per gallon.
fastcompany.com
· 2026-09-28
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