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U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.” In prepared testimony …
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By FATIMA HUSSEIN
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1/15/25
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The Food and Drug Administration is ordering food and drug makers to remove a dye called Red 3 from the products U.S. consumers eat and drink. The colorant was banned from cosmetics and non-oral …
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By The Associated Press
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1/15/25
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Outgoing Canadian Prime Minister Justin Trudeau says that “nothing is off the table” when it comes to responding to proposed tariffs by U.S. President-elect Donald Trump, but that no single …
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By JIM MORRIS
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1/15/25
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Canada’s energy minister came to Washington this week to warn U.S. lawmakers that President-elect Donald Trump’s threatened tariffs would inflict economic pain on Americans, with higher prices …
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By FATIMA HUSSEIN, JOSH BOAK and CHRIS RUGABER
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1/15/25
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President-elect Donald Trump’s nominee for White House budget director is declining to commit to doling out congressionally approved funds, specifically U.S. military aid to Ukraine. Russell Vought …
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By JOSH BOAK
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1/15/25
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The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines. The agency said a federal lawsuit …
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By The Associated Press
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1/15/25
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Outgoing U.S. Cybersecurity and Infrastructure Security Agency Director Jen Easterly says she hopes her agency will be able to keep up its election-related work. She expressed pride on Wednesday in …
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By ALI SWENSON
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1/15/25
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Transportation secretary nominee Sean Duffy promised to not interfere in ongoing agency investigations into Elon Musk’s electric car company if confirmed to head the department. Duffy said …
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By BERNARD CONDON
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1/15/25
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More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final …
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By COLLIN BINKLEY
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1/15/25
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The leading hip-hop superstar beef has been cranked up another notch, with Drake suing Universal Music Group for defamation over rival Kendrick Lamar’s diss track “Not Like Us.” The lawsuit was …
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By DAVE COLLINS
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1/15/25
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The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine. The department is re-designating about 100 entities for …
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By JOSH BOAK
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1/15/25
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U.S. regulators are banning the dye called Red 3 from the food supply. The move comes nearly 35 years after the dye was barred from cosmetics such as lipsticks because of potential cancer risk. Food …
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By JONEL ALECCIA
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1/15/25
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The Biden administration is floating a long-awaited proposal to make cigarettes less addictive by capping their nicotine levels. But the plan comes in the final days of Biden's presidency and is …
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By MATTHEW PERRONE
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1/15/25
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A nonprofit research lab is getting attention from some wealthy tech philanthropists. The Earth Species Project hopes to decode other creatures’ communications with its pioneering artificial …
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By JAMES POLLARD
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1/15/25
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A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of …
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By PAUL WISEMAN
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1/15/25
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JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts. Earnings per share rose to $4.81 from $3.04 a …
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By MATT OTT
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1/15/25
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Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising …
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By DANICA KIRKA
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1/15/25
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CES in Las Vegas provides an annual preview of high-tech attractions headed for the car world. Breakthrough automotive technology seen at CES 2025 included BMW’s first widescreen digital display, …
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By KARL BRAUER
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1/15/25
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U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate …
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By CHRISTOPHER RUGABER
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1/15/25
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A Texas anti-pornography law is going before the Supreme Court in a collision of free speech rights, regulation of online content and how to protect children. The high court will hear the case on …
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By LINDSAY WHITEHURST
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1/15/25
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