Business News
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California labor union offers to scale back billionaire tax proposal after pushback
A California labor union has offered to scale back a proposal to temporarily increase taxes on billionaires, but it wasn’t enough to get the governor on board
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Vance delays trip to Switzerland to lead new US talks with Iran on its nuclear program
The White House says Vice President JD Vance is delaying his trip to Switzerland to lead nuclear negotiations with Iran
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White House blames logistical issues as it postpones sending Vance to Switzerland for talks with Iran negotiators
White House blames logistical issues as it postpones sending Vance to Switzerland for talks with Iran negotiators
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Court orders Ohio restrictions on kids’ use of social media restored
A federal judge has extended his block on enforcement of an Ohio law that would require children under 16 to get parental consent to use social media apps while a legal challenge proceeds
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US gas prices dip below $4 for 1st time since March but remain 25% higher than last year
U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid Washington’s war with Iran
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Some GOP senators and Trump allies have harsh reviews of his agreement to end Iran war
Republican leaders on Capitol Hill are voicing strong reservations —- and some outright condemnation — of the Trump administration’s agreement to end the fighting in Iran
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Maryland exercises its right to match an $85 million offer to keep Preakness branding rights
Maryland Gov. Wes Moore said the state will exercise its right of first refusal to match Churchill Downs Incorporated's $85 million offer for intellectual property of the Preakness Stakes and Black-Eyed Susan Stakes
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Federal regulators order grid operators to speed power to energy-hungry AI data centers
Federal regulators have ordered regional grid operators to help large energy users connect more quickly to the nation’s inefficient and aging electric transmission system
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Stocks rise on Wall Street, erasing much of their loss from a day earlier
Stocks closed higher on Wall Street, taking back most of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation
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Supreme Court sides with a Texas man who says it’s not a crime for marijuana users to have guns
The Supreme Court has ruled against a broad federal ban on gun ownership by marijuana users
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