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Affordability Center Stage at the 2026 NY Auto Show
The 2026 New York International Auto Show (NYIAS) highlighted a growing divide between industry innovation and consumer priorities, with affordability emerging as the dominant factor influencing vehicle purchases.
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ICE Launches Effort to Uncover 'Birth Tourism Schemes'
President Donald Trump's administration plans to crack down on networks it says help pregnant women lie on visa applications in order to secure U.S. citizenship for their U.S.-born babies.
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Trump's War on Medicaid Fraud Finally Gains Steam
A commonsense attempt to rein in a program that has strayed far from its original purpose of caring for the disabled and destitute. Medicaid covers more than one in five Americans, many of whom are perfectly capable of working and providing for themselves.
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Wall Street Ends Mixed, Notches Weekly Gains
U.S. stocks closed mixed Friday, with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle East peace negotiations.
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Nothing Apocalyptic About AI-Drop the Hype
By slowing down, demanding clarity, and following evidence rather than excitement, readers can avoid being misled and develop a more accurate, grounded understanding of what artificial intelligence can - and cannot - do.
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NYC Mayor Mamdani Defends Working With Trump
New York Mayor Zohran Mamdani says he has built a working relationship with President Donald Trump, even while continuing to label the Republican commander in chief a fascist.
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Barron Trump Enters Booming Energy Drink Market
Barron Trump, President Donald Trump's youngest son, is preparing to join the lucrative energy drink market.
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Earnings Season Set to Test War-Rattled Stocks
Investors will seek evidence in the coming week that the U.S. corporate profit engine is humming along, and whether threats to that upbeat business outlook are emerging from the Middle East war and the resulting surge in energy costs.
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Documents Suggest Live Nation Inflates Profits
Internal documents reviewed by NBC News offer a closer look at how Live Nation operates behind the scenes, detailing its negotiations with artists and venues and suggesting that the accounting methods used to calculate partner payouts may not align with its own figures.
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YouTube Raises Subscription Prices in US for 1st Time in 3 Years
YouTube on Friday raised subscription prices in the United States, with increases of up to $4 set to take effect from the next billing cycle.
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Whirlpool to Invest Over $60 Million in Ohio Plant
Whirlpool said on Friday it will invest over $60 million in an Ohio factory to produce parts for its washers and dryers.
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Fed's Daly: Oil Shock Slowing Inflation Fight
San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good place" - restrictive enough to put downward pressure on inflation without undercutting the labor market.
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US Consumer Sentiment Dives to a Record Low
U.S. consumer sentiment plunged to a record low in early April and consumers anticipated a surge in inflation in the next 12 months, a survey showed Friday.
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Stocks Rise, Oil Holds Steady Ahead of US-Iran Talks
Stocks are trading mostly higher on Wall Street and oil prices are holding steady amid a shaky ceasefire agreement between the U.S. and Iran.The S&P 500 rose 0.3% in early trading Friday.
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Inflation Surges to 3.3% in March
U.S. consumer prices increased by the most in nearly four years in March as the war with Iran boosted oil prices and the pass-through from tariffs persisted, further diminishing chances for an interest rate cut this year.
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The Unconventional Logic Driving SpaceX's $1.75 Trillion IPO
Wall Street is reaching for some unusual yardsticks to price Elon Musk's SpaceX.
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Stefano Gabbana Steps Down as Dolce & Gabbana Chair
Stefano Gabbana has stepped down as chairman of the Italian fashion house that he co-founded with Domenico Dolce, but will continue in his creative role, the company said on Friday. Gabbana's resignation from oversight roles was effective Jan. 1. Alfonso Dolce, Domenico...
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Shippers Weigh Unusual Routes as High Air Cargo Rates, Ocean Gridlock Persist
Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for transport routes in unexpected places, with a recent ceasefire between Iran and the United States unlikely to offer quick relief.
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Inflation May Jump by Most in Nearly 4 Years as Gas Prices Spike in Wake of Iran War
Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs...
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Apple to Close First Unionized US Store
Apple said Thursday that it will shut down its retail store in Towson, Maryland, the first of its U.S. locations where retail employees successfully unionized in 2022.
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Trump Says Iran Doing 'Poor Job' of Letting Oil Through Hormuz
President Donald Trump on Thursday accused Iran of doing a "very poor job" of allowing oil through the Strait of Hormuz and of breaching the terms of their two-week ceasefire agreement.
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WH Warned Staff Against Betting on Futures Markets Amid Iran War
The White House warned staff against improperly leveraging their positions to place bets in futures markets in an email on March 24, a day after President Donald Trump ordered a brief pause in some Iran strikes, a White House official said on Thursday.Some of Trump's major...
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Trump Administration Moves to Roll Back Coal Ash Rules
The Trump administration on Thursday proposed weakening rules for the disposal of ash produced by burning coal that can contain hazardous heavy metals and contaminate groundwater.
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Report: Senate Banking Delays Warsh Fed Hearing
The Senate Banking Committee is no longer planning to hold a confirmation hearing for Kevin Warsh, President Donald Trump's pick to run the Federal Reserve, next week, Punchbowl News reported Thursday, citing two sources familiar with planning.
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US Stocks Rise, Oil Trims Gains on Ceasefire Hopes
U.S. stocks rose, even though oil prices did too, as financial markets moved more modestly a day after surging on optimism about a ceasefire in the war with Iran.