Android phone users in New Hampshire could receive some of a $700 million antitrust lawsuit settlement with Google. States attorneys general alleged the company monopolized the market for app distribution and in-app payment processing in its Google Play Store - often taking a cut of up to 30%. New Hampshire Assistant Attorney General for the Consumer Protection and Antitrust Bureau Alexandra Sosnowski said the settlement will hopefully spur innovation. .
The "smart toy" market is now a more than $16 billion industry, and is expected to double by 2027. This holiday season, experts are warning parents to check the safety and privacy features of toys purchased for children. U.S. .
A new report showed New York City small businesses in communities of color are recovering more slowly post-pandemic. The Association for Neighborhood and Housing Development survey found businesses run by people of color are more likely to close in the next year, and immigrant businesses are more likely to relocate in the same time frame. The pandemic is to blame for some of the problems, as are increasing rents and other economic factors. .
The federal government is increasing oversight on Community Development Financial Institutions, making the application process more rigorous to weed out bad actors. In the past, shady financial institutions like predatory lenders have been able to get CDFI status. Andrew Kushner, senior policy counsel at the Center for Responsible Lending, said he has seen CDFIs offer loans with annual percentage rates as high as 190%. .