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The U.S. consumer financial watchdog on Thursday outlined its plans for cracking down on the payday lending industry and ensuring that borrowers can repay their loans.

European Union regulators plan to open a year-long extensive investigation into e-commerce as part of efforts to do away with barriers and boost cross-border trade in the bloc, the EU's antitrust chief said on Thursday.

The U.S. Supreme Court's conservative majority on Wednesday signaled hostility toward the Obama administration’s refusal to consider costs before regulating emissions of mercury and other hazardous pollutants mainly from coal-fired power plants.