The Justice Department has announced a proposed rule that makes a license mandatory for gun dealers to sell firearms and requires officers to complete the background checks on buyers.
The detailed rules, released by the Justice Department, would clarify the circumstances in which a person is "engaged in the business" of dealing in firearms and thus required to obtain a license and run background checks.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.