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Business
Congressional report details how China buys sanctioned oil from Iran, Russia and Venezuela
A new investigation by Congress detailed how China is buying sanctioned oil from rogue regimes around the world at a discount. The House Select Committee on China released its…
Apple retires well-known product after 20 years as it shifts strategy
Apple is scrapping its high-end Mac Pro desktop after two decades, signaling a shift in how the tech giant targets professional users, according to reports. The company has…
Americans ditch EVs for bigger vehicles as auto trends reverse
A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain…
GM to boost pickup truck production in Michigan amid strong demand
General Motors is planning to ramp up production of heavy-duty pickup trucks in Michigan this summer amid strong demand for gas-powered pickups despite elevated fuel prices.…
Los Angeles leads nation in massive population exodus as ‘breaking point’ hits Golden State
Los Angeles County, once the symbol of American prosperity and Hollywood dreams, has earned the title of the nation's leader in population loss. The latest U.S. Census data…
Private sector added 62,000 jobs in March, above expectations, ADP says
Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 40,000 jobs. The…
Amazon and Delta partner to launch faster in-flight Wi-Fi
Amazon and Delta Air Lines are partnering to significantly upgrade the in-flight Wi-Fi experience for customers. The companies announced on Tuesday that Amazon Leo, the…
More than 4 million children enrolled in Trump Accounts savings program, IRS says
More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the…
Jamie Dimon says US must 'finish this thing' with Iran to protect global economy
JPMorgan Chase CEO Jamie Dimon is calling for a decisive end to the conflict with Iran, saying the U.S. must "finish this thing" to protect the global economy and remove the…
Markets are nervous, but Main Street isn't: Wells Fargo CEO flags economic disconnect
Despite a 50% spike in oil prices and an escalating conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and real-world…