AP and the Trump administration argue over presidential access before appeals judges
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The Associated Press and Trump administration were back in a Washington court as part of a high-stakes battle over who can control which journalists can question the president. Three judges of the …
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By DAVID BAUDER
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4/17/25
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Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February
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The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers in the midst of the spring homebuying season. The rate rose to 6.83% from …
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By ALEX VEIGA
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4/17/25
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Netflix's first quarter builds on recent momentum as trade war drags down other tech companies
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Netflix fared better than analysts anticipated during the first three months of the year, signaling the world’s largest video streaming service is still thriving as President Donald Trump’s …
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By MICHAEL LIEDTKE
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4/17/25
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White House proposes eliminating Head Start funding as part of sweeping budget cuts
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The Trump administration is asking Congress to eliminate the Head Start program, a move that would cut early education for some of the nation’s neediest children as part of drastic proposed cuts to …
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By JOCELYN GECKER
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4/17/25
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In East Palestine derailment trial, railroad and chemical maker agree on who pays residents
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Norfolk Southern reached an agreement with one of the two companies it has been trying to force to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train …
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By JOSH FUNK
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4/17/25
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DOGE wanted to assign staff to the nonprofit Vera Institute of Justice because it got federal funds
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The nonprofit Vera Institute of Justice says staff from Elon Musk’s DOGE contacted them to “assign” a team to the organization and said DOGE staff told them they intended to “assign” teams …
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By THALIA BEATY
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4/17/25
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UnitedHealth cuts 2025 forecast after dealing with first-quarter care use spike
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UnitedHealth chopped its 2025 forecast after being surprised by care use from its Medicare Advantage customers in a worse-than-expected first quarter. Shares of the health care giant started tumbling …
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By TOM MURPHY
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4/17/25
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Federal Reserve Bank of Philadelphia names Anna Paulson as president
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The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president. Paulson, 60, will replace Patrick Harker on June 30, when Harker …
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By CHRISTOPHER RUGABER
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4/17/25
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US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
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Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund. The IMF’s Managing …
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By CHRISTOPHER RUGABER
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4/17/25
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Target CEO to meet with civil rights leader Al Sharpton amid DEI cuts
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Target’s chief executive officer is planning to meet this week with the Rev. Al Sharpton. Sharpton's civil rights organization has encouraged consumers to avoid U.S. retailers that scaled backed …
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By ANNE D'INNOCENZIO
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4/17/25
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Trump administration plans to end the IRS Direct File program for free tax filing, AP sources say
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The Trump administration plans to eliminate the IRS’ Direct File program. That's the electronic system for filing tax returns directly to the agency for free. Word about the decision comes from two …
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By FATIMA HUSSEIN
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4/17/25
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China dominates solar. Trump tariffs target China. For US solar industry, that means higher costs
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President Donald Trump's escalating trade war with China means hopeful solar buyers may have a much harder time getting systems installed in the U.S. in coming months. That's because Trump's move …
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By ALEXA ST. JOHN
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4/17/25
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429,000 portable chargers are under recall after some consumers report fires, minor burn injuries
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About 429,000 portable power banks are under recall because they can overheat and potentially catch fire while charging phones, posing a burn hazard to consumers. According to the U.S. Consumer …
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4/17/25
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A Kenya-based Nigerian content moderator for TikTok, who died in unclear circumstances last month, has been buried in a public cemetery as colleagues eulogized her as “selfless.” Ladi Anzaki …
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By EVELYNE MUSAMBI
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4/17/25
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Trump says Federal Reserve Chair Powell’s 'termination cannot come fast enough'
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President Donald Trump has slammed Federal Reserve Chair Jerome Powell, reiterating his frustration the Fed has not aggressively cut interest rates and saying the central bank leader’s …
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By AAMER MADHANI and JOSH BOAK
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4/17/25
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Trump administration takes aim at Harvard's international students and tax-exempt status
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President Donald Trump's administration has escalated its ongoing battle with Harvard, threatening to revoke the university’s ability to host international students, who make up 27% of the campus. …
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By ANNIE MA, JOCELYN GECKER and COLLIN BINKLEY
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4/17/25
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European Central Bank cuts interest rates for the seventh time as global trade tensions escalate
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The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught. The bank’s move should …
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By DAVID McHUGH
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4/17/25
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US jobless benefit claims fall last week as labor market remains strong despite recession fears
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U.S. applications for jobless benefits fell again last week as the labor market continues to hold up despite fears of a tariff-induced recession. Jobless claim applications fell by 9,000 to 215,000 …
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By MATT OTT
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4/17/25
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Taking a mental health leave from work is an option most people don't know about
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Taking a mental health leave from work is becoming more of an option for people in the United States even thought most of them probably don't know it. Both employees and employers are recognizing …
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By CATHY BUSSEWITZ
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4/17/25
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European Central Bank expected to cut rates again amid worries about Trump's tariffs
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Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make …
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By DAVID McHUGH
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4/17/25
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