Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed's annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not ruling it out. Amna Nawaz discussed more with Nick Timiraos of The Wall Street Journal.
Meta agreed to pay up to $17 billion in a settlement, putting to rest a trial where dozens of states accused it of deliberately endangering children through their platforms. The company behind Facebook and Instagram agreed to implement digital guardrails for minors and is asking other social platforms to do the same. Geoff Bennett discussed more with Colorado Attorney General Phil Weiser.