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Surprisingly, that brought an optimistic response from some of the economists who have spent the past year warning about price rises. “These numbers are likely to represent something of a peak,” said Gregory Daco, chief economist at EY-Parthenon.
</p>
</td>
</tr>
</tbody>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Several market watchers see signs that inflation may be subsiding
</span>
,
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
The Times’s Jeanna Smialek reports
</a>
:
</p>
</td>
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</tbody>
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<table cellpadding="0" width="100%">
<tbody>
<tr>
<td style="padding:0 0 5px">
<ul class="css-27qc8p e1darl2c0" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
A surge in
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
gas prices
</span>
accounted for much of the jump in prices last month. Strip out gas and food, as many economists do, and so-called core inflation actually decelerated from February to March.
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Prices for goods that have been driving inflation recently, like
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
used cars
</span>
and
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
consumer electronics
</span>
, dropped or rose less than expected, a sign that snarled supply chains could be easing.
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
There’s also the
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
</span>
“
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
base effect
</span>
,” a quirk of how the numbers are reported that can affect how much inflation there appears to be. Prices really began to pop last spring, which means that after spring this year, changes will be measured against a higher year-ago number, or base.
</span>
</li>
</ul>
</td>
</tr>
</tbody>
</table>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
But policymakers aren’t sitting back.
</span>
New Zealand’s central bank surprised economists with a larger-than-expected half-point interest rate increase today, a move that other central banks
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
may follow
</a>
. The central bank
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
in Canada
</a>
is expected to announce a big rate increase today, and
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
the Fed
</a>
and the Bank of England will probably do the same next month. (Britain’s
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
inflation rate
</a>
hit a 30-year high in numbers released today.)
</p>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
And not everyone buys the “peak inflation” narrative.
</span>
The
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
data is not definitive
</a>
, with the latest prices for some categories, like furniture, rising sharply. Wages are also up, raising costs for employers and potentially prompting them to continue lifting prices (and many workers’ paychecks are
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
still not keeping up with inflation
</a>
). Pandemic shutdowns in China threaten global supply chains and the war in Ukraine adds a huge dose of uncertainty.
</p>
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HERE’S WHAT’S HAPPENING
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A subway gunman is still at large in New York.
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The police
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identified a “person of interest”
</a>
in the shooting of 10 people on a Brooklyn train yesterday. He appears to have posted
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
lengthy, bigoted rants
</a>
on social media, some criticizing the policies of New York City’s mayor, Eric Adams. The Times has a
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live briefing
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with the latest developments.
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JPMorgan Chase kicks off the earnings season for big banks.
</span>
It
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
slightly missed expectations
</a>
for its first-quarter profit, which was down some 40 percent from the same period last year, hit by some $500 million in losses on Russian assets and other war-related market effects. Earnings are scheduled tomorrow from Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo.
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<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Airlines beat Wall Street forecasts as travel rebounds.
</span>
Delta reported a narrower first-quarter loss and
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
predicted a return to profit
</a>
in the second quarter. American told investors yesterday that it expected slightly higher revenue than
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
previously forecast
</a>
. Boeing also reported a
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
rebound in sales
</a>
, with strong orders for the 737 Max.
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Mark Zuckerberg says he will no longer donate to local election offices.
</span>
He gave nearly half a billion dollars in 2020 to
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
shore up voting infrastructure
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during the pandemic. Some conservatives claimed, without evidence, that the money helped President Biden win.
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Lockdowns in China could sharply cut the global demand for oil.
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In its
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latest monthly assessment
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, the International Energy Agency said that China’s restrictions could ease the supply crunch caused by sanctions on Russia. Emergency reserve releases and increased production from the Middle East and U.S. may help, too, but the outlook is “mired in uncertainty,” the agency said.
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Chelsea Beck
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Can tech companies lure workers back?
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Tech companies have long been leaders in giving workers the flexibility to work remotely. But they have also spent billions on lavish office spaces that they see as crucibles of collaboration and creativity. And as the pandemic eases, they are trying to shift the balance back toward the office, using both carrots and sticks.
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The industry’s appetite for office space remains strong:
</span>
Meta is
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
planning to add roughly 300,000 square feet
</a>
in Manhattan, and Google
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
announced this morning
</a>
that it is investing another $9.5 billion in U.S. offices and data centers this year, especially outside California in places like Atlanta, Austin, Pittsburgh and Portland.
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Tech companies want their workers to be happy about returning, so they’re offering perks
</span>
,
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
</span>
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
The Times’s Daisuke Wakabayashi, Erin Griffith and Kate Conger report
</a>
.
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
</span>
The pop star Lizzo will perform for Google employees this month near the company’s headquarters in Mountain View, Calif. When Microsoft reopened its office, it offered live music, beer and wine tasting, and terrarium-making classes.
</p>
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But many employees are dreading a full return.
</span>
In New York, yesterday’s subway attack and an overall rise in crime on trains could increase
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
concerns about safety
</a>
. According to Nick Bloom, an economics professor at Stanford, one-third of workers he surveyed never want to go back. “Employees aren’t going to come in regularly just for the frills,” he said. The main draw is seeing colleagues.
</p>
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</div>
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<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Tech firms are making clear that in many cases returning to the office is mandatory.
</span>
After several postponements, Google kicked off its hybrid work schedule April 4, requiring most employees in the U.S. at their offices a few days a week. Apple started easing staff back to the office on Monday, with workers expected once a week for now. Microsoft reopened its offices in Redmond, Wash., on a hybrid basis in late February.
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<h2 class="css-12n1aic el2acgh0" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
“They’re not countering the pandemic. They’re creating disasters.”
</h2>
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<span style="font-style:italic;font-size:inherit">
— Ye Qing, a Chinese legal scholar who is known by his pen name Xiao Han, in an article that was quickly deleted. Many in China fear that the government’s costly “zero Covid” policy has become
</span>
<span style="font-style:italic;font-size:inherit">
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
a Mao-style political campaign
</a>
</span>
<span style="font-style:italic;font-size:inherit">
.
</span>
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<img class="css-17i7zb3 e1aggfhi0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2022%252F04%252F13%252Fmultimedia%252F13db-newsletter-1%252F13db-newsletter-1-articleLarge.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSJ9:1nebGg:LPRrvPh2zuCGQOe44ptO1sP7GuzMk0JX-8SUVoc7B90" style="width:83%;max-width:500px;display:inline-block;height:auto;padding-top:15px;padding-bottom:0;line-height:0"/>
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<span class="css-14c9rv6 e1aggfhi2" style="width:83%;max-width:500px;display:inline-block;text-align:left">
<span class="css-2zlgwg e1aggfhi3" style="margin:0;font:normal 12px georgia,serif;color:#666">
Maeve DuVally at Goldman Sachs in 2019 on her first day out at work as transgender.
</span>
<span style="margin:0;font:normal 11px georgia,serif;padding-left:5px;color:#888;letter-spacing:.01em">
Gabriella Angotti-Jones for The New York Times
</span>
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<h2 class="css-12n1aic el2acgh0" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
A pioneering executive is leaving Goldman Sachs
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
Maeve DuVally, a longtime communications executive at Goldman Sachs, is retiring from the bank in June after a nearly 18-year run. DuVally is not going far — she will advise Goldman Sachs as a consultant, focusing on both corporate communications and diversity and inclusion. Her retirement comes a little more than a year after Jake Siewert, the comms chief who led the firm’s reputation makeover after the financial crisis,
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
left for Warburg Pincus
</a>
.
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
DuVally broke boundaries.
</span>
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
She came out as transgender during her tenure
</a>
, a move the bank supported. DuVally
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
recently recalled her decision
</a>
: “Coming out at work was probably one of the happiest days of my life, and I’ve never looked back.” The bank’s current head of comms, Andrea Williams, said in a memo announcing DuVally’s retirement that “Maeve has been an important contributor to the firm’s LGBTQ+ activities, including client events and recruiting.”
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
She managed some tricky stories during the financial crisis
</span>
, when the bank faced a deluge of criticism for its handling of mortgage-backed securities. “Maeve has worked on some of the most challenging stories about Goldman Sachs with a focus on protecting the firm’s reputation,” Williams wrote. DuVally joined Goldman Sachs in 2004 from Merrill Lynch and became a managing director in 2010.
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<img class="css-1rg59gv e1e3sevz0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2021%252F02%252F18%252Fbusiness%252Fdealbook-icon-glasses-pixels%252Fdealbook-icon-glasses-pixels-articleLarge-v10.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSJ9:1nebGg:LPRrvPh2zuCGQOe44ptO1sP7GuzMk0JX-8SUVoc7B90" style="display:block;width:100%;height:auto;padding-bottom:25px;padding-top:10px"/>
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<h2 class="css-12n1aic el2acgh0" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
DeFi’s control issues
</h2>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
Crypto developers working in decentralized finance, or
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
DeFi
</a>
, say that their automated platforms are
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
governed by code
</a>
, not people. But their premise of hands-off decentralization is being challenged by regulators, tech experts and aggrieved investors, most recently in a proposed class action lawsuit filed in New York federal court. The suit alleges that the founders and backers of a leading decentralized exchange, Uniswap, control the protocol and are liable for “
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
rampant fraud
</a>
.”
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Are decentralized exchanges actually controlled by insiders?
</span>
The complaint against Uniswap Labs and the venture capital firms Andreessen Horowitz, Paradigm and Union Square Ventures accuses the groups of unlawfully selling unregistered securities and leaving investors in the dark about risks that would have to be disclosed on a traditional exchange. “They will argue there is no person behind Uniswap and that it’s decentralized,” James Serritella, the plaintiff’s attorney, told DealBook. But people write the code that controls the exchange’s operations, and its governance system is designed to favor insiders, he argued.
</p>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Regulators have signaled their interest in this issue
</span>
, with the S.E.C. chair Gary Gensler suggesting that DeFi platforms are
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
not immune from oversight
</a>
. The agency is
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
reportedly investigating
</a>
Uniswap, but Serritella said that lawyers must “bring these issues to the courts” because enforcers move slowly and investors are getting hurt. “These allegations are meritless and the complaint is riddled with factual inaccuracies,” a Uniswap Labs spokeswoman said in a statement to DealBook. “We plan to vigorously defend against this suit.” Paradigm and Union Square Ventures did not immediately respond to a request for comment; Andreessen Horowitz declined to comment.
</p>
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
If no one controls a program, no one is responsible if things go awry.
</span>
A group of global market regulators
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
recently studied
</a>
DeFi services and
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
concluded
</a>
that they mostly “replicate more traditional financial services and activities, but with weaker regulation and increased risks for investors.” This “casts doubt on a key claim of DeFi innovators that it is a peer-to-peer marketplace with no centralized insiders in control,” the regulators found. That’s akin to the complaints made by Jack Dorsey, the Bitcoin enthusiast who co-founded Twitter and now runs Block (formerly Square), who has been
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
sparring online
</a>
with Marc Andreessen of Andreessen Horowitz.
</p>
</td>
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Subscribe Today
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<h3 class="css-132hdgt e8bxl341" style="color:#000;font:700 16px/24px arial,sans-serif;margin:8px 0 25px 0;letter-spacing:.2px">
THE SPEED READ
</h3>
</td>
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</tbody>
</table>
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<div style="margin:0 auto;max-width:600px;width:100%">
<table cellpadding="0" width="100%">
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Russia-Ukraine war
</span>
</p>
</td>
</tr>
</tbody>
</table>
</div>
<div style="margin:0 auto;max-width:600px;width:100%">
<table cellpadding="0" width="100%">
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<ul class="css-27qc8p e1darl2c0" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Vitol, the world’s biggest independent oil trader, reportedly intends to stop buying and selling Russian crude by year’s end. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
Bloomberg
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Russia’s tech industry faces a major setback as tens of thousands of workers flee the country. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
NYT
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
“The Incredible Bouncing Ruble” (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
Project Syndicate
</a>
)
</span>
</li>
</ul>
</td>
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</tbody>
</table>
</div>
<div style="margin:0 auto;max-width:600px;width:100%">
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Deals
</span>
</p>
</td>
</tr>
</tbody>
</table>
</div>
<div style="margin:0 auto;max-width:600px;width:100%">
<table cellpadding="0" width="100%">
<tbody>
<tr>
<td style="padding:0 0 5px">
<ul class="css-27qc8p e1darl2c0" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
BlackRock and Fidelity joined a $400 million funding round for the stablecoin issuer Circle. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
TechCrunch
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Credit Suisse has reportedly formed a “tactical deSPAC committee” to assess its involvement in blank-check deals ahead of new regulation. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
Bloomberg
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
GlaxoSmithKline is buying the drug maker Sierra Oncology for $1.9 billion, as it faces pressure from an activist shareholder to strengthen its drug pipeline. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
Reuters
</a>
)
</span>
</li>
</ul>
</td>
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</tbody>
</table>
</div>
<div style="margin:0 auto;max-width:600px;width:100%">
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<p style="color:#000;font:normal 17px/25px georgia,serif;margin:0 0 15px">
<span style="font-weight:700;font-size:inherit;font-family:arial,sans-serif">
Policy
</span>
</p>
</td>
</tr>
</tbody>
</table>
</div>
<div style="margin:0 auto;max-width:600px;width:100%">
<table cellpadding="0" width="100%">
<tbody>
<tr>
<td style="padding:0 0 5px">
<ul class="css-27qc8p e1darl2c0" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
A Twitter shareholder sued Elon Musk, accusing him of securities fraud. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
Protocol
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Apple’s C.E.O. Tim Cook argued in a rare public speech that forcing the company to loosen its grip on its App Store would hurt consumers. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
WaPo
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
Google’s first consumer protection lawsuit is about puppy fraud. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
NYT
</a>
)
</span>
</li>
<li class="css-11scvta e1y8brq21" style="line-height:27.5px;margin:0 0 10px 0">
<span style="font-size:17px;line-height:25px">
The C.F.P.B. sued the credit-reporting firm TransUnion and one of its former executives, saying they violated an order to stop using deceptive sales tactics. (
<a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
NYT
</a>
)
</span>
</li>
</ul>
</td>
</tr>
</tbody>
</table>
</div>
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