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Judge Rules Trump Admin Unlawfully Halted EV Charger Funds
A federal judge on Friday ruled President Donald Trump's administration unlawfully suspended funding awarded to support the expansion of electric vehicle charger infrastructure, in a victory for 20 Democrat-led states that sued over the action.
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US Treasury Sanctions Iranian Fleet for Protest Crackdown
The Treasury Department's Office of Foreign Assets Control announced it is targeting nine shadow fleet vessels from Iran, in response to the brutal crackdown on peaceful protests in the country.
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Trump Sounds Alarm Over China's Greenland Rare Earth Grab
President Donald Trump is warning that China is pushing deeper into the Arctic and that Greenland's strategic location and mineral potential could become a key battleground in the U.S.-China rivalry, as The Washington Post reported Friday.
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US, EU Pitch $800B Postwar Prosperity Plan in Ukraine
The U.S. and European Union are proposing an $800 billion postwar prosperity plan for Ukraine, aimed at rebuilding the country and fast-tracking its path toward EU membership once fighting with Russia ends, Politico reported Friday.
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Energy Sec: US Won't Shield Oil Investors in Venezuela
The United States will not provide on-the-ground security for American oil companies operating in Venezuela, Energy Secretary Chris Wright said this week.
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Dow Ends Lower as Intel Weighs on Risk Appetite
The Dow Jones Industrial Average stumbled to a lower close Friday, while the S&P 500 ended largely unchanged, as investors' risk appetite was dimmed at the end of a topsy-turvy week by Intel's plunge on a downbeat outlook.
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Tesla Pivots to Full-Service Driving in US, Canada
Tesla has discontinued its basic driver-assistance system, Autopilot, in Canada and the U.S., in an attempt to push customers toward a more advanced version of the technology branded as Full-Self Driving (Supervised).
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WH Weighing Blockade to Halt Cuban Oil Imports
President Donald Trump's administration is considering imposing a total blockade on oil imports to Cuba as part of possible new tactics to drive regime change in the Caribbean country, Politico reported on Friday, citing three people said to be familiar with the plan.
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Amazon's Chicago Mega-Store to Dwarf Walmart
Amazon is going big - really big - in Chicago, unveiling plans for a 230,000-square-foot mega-store outside the city that would be larger than the average Walmart and nearly big enough to swallow two Targets whole.
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Trump Flipped the Davos Script
America First is working. Illegal immigration is near-zero. The administration has deported roughly 540,000 criminal aliens, while approximately 1.9 million have self-deported. The U.S. economy is outperforming forecasts, our murder rate is at its lowest level.
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Citigroup to Lay Off More Employees in March
Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources with knowledge of the matter.
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Trump Promotes Newsmax Magazine on Truth Social
President Donald Trump liked Newsmax Magazine's recent issue with him on the cover, he took to his Truth Social account Friday to post it.
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US Consumer Sentiment Improves in January
U.S. consumer sentiment improved across the board in January, though concerns about high prices and the labor market lingered, a survey showed Friday.
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First Lady Melania Trump to Ring NYSE Bell Jan. 28
First lady Melania Trump will ring the opening bell at the New York Stock Exchange on Jan. 28, marking the official start of trading for the day.
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Amazon to Lay Off 10% of Corporate Staff Next Week
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.
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Equity Funds See Outflows on Geopolitical Worries
U.S. equity funds faced outflows in the week through January 21 as investors reduced risk exposure on concerns about President Donald Trump's tariff threats against European nations over Greenland.
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Silver Tops $100 an Ounce for the First Time
Spot silver prices jumped to the key psychological level of $100 an ounce level for the first time Friday as robust demand and buying momentum fueled prices.
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Rep. Meuser: U.S. Was Taken Advantage of on Tariffs
The United States had been "unbelievably taken advantage of" for years through unequal tariff policies and higher foreign tariffs on American goods, which forced U.S. leaders to rethink long-standing assumptions about free trade, said Rep. Dan Meuser, R-Pa. Speaking on...
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'Jobs, Jobs, Jobs' the AI Rallying Cry at Davos
Biting cold, political tensions and doubts about artificial intelligence did nothing to curb the enthusiasm of business leaders in Davos over technology's ability to create jobs.
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Price Gougers Hit Shoppers Ahead of Winter Storm Fern
As Winter Storm Fern barrels toward a wide swath of the U.S., from Texas to Massachusetts, desperate shoppers are getting hit with a second shock: skyrocketing prices on basic storm supplies.
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Goldman Sachs Raises 2026-End Gold Forecast to $5,400
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from $4,900/oz earlier, noting private-sector and emerging market central banks' diversification into gold.
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Gold Hits New Peak Near $5,000
Gold prices steadied as investors booked profits after prices struck another record high near $5,000 an ounce on the uncertain geopolitical outlook.Silver and platinum also hit record peaks.
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Futures Dip as Intel Dives, Geopolitical Concerns Linger
U.S. stock futures slipped Friday, setting the S&P 500 and Nasdaq up for a second consecutive weekly drop, as Intel tumbled on a downbeat outlook and lingering geopolitical concerns kept risk appetite in check.
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TikTok Deal Puts US Investors in Control, Locks Down American User Data
TikTok said Thursday it has created a majority American-owned joint venture to run its U.S. operations, a move aimed at protecting Americans' data and resolving national security concerns that had threatened to ban the popular video app, Barron's reports.
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Intel Sinks 13% as Supply Chain Issues Hit Turnaround
Intel's shares plunged 13% in premarket trading Friday after the company struggled to meet strong AI demand for data-center chips due to supply constraints, disappointing investors betting on its turnaround.