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US provides another $200 million for plan to rebuild New York Penn Station

US provides another $200 million for plan to rebuild New York Penn Station

By David Shepardson May 20 (Reuters) - The U.S. Transportation Department said on Wednesday it will provide another $200 million to begin construction by the end of next year on an $8 billion plan to rebuild New York Penn Station, a key transit artery.
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Trump to sign order on AI oversight as security fears mount among supporters

Trump to sign order on AI oversight as security fears mount among supporters

By Karen Freifeld and Courtney Rozen WASHINGTON, May 20 (Reuters) - U.S.
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Democratic-led states sue over Trump administration's student loan restrictions

Democratic-led states sue over Trump administration's student loan restrictions

By Nate Raymond May 19 (Reuters) - A group of Democratic-led states filed a lawsuit on Tuesday challenging a new rule the Trump administration issued that could limit access to federal student loans for people pursuing advanced professional degrees in healthcare-related fields.
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Amazon.com defeats appeal claiming it aided tariff evasion

Amazon.com defeats appeal claiming it aided tariff evasion

By Jonathan Stempel NEW YORK, May 20 (Reuters) - A U.S. appeals court on Wednesday rejected a whistleblower's claim that Amazon.com helped foreign fur manufacturers evade tariffs on products sold on its platform, hurting domestic rivals. The 2nd U.S.
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Analysis-Trump's $1.776 billion 'weaponization' fund sparks outrage, but court challenges will be tough

Analysis-Trump's $1.776 billion 'weaponization' fund sparks outrage, but court challenges will be tough

By Tom Hals and Jonathan Stempel May 20 (Reuters) - Opponents of President Donald Trump's sweeping legal settlement with the U.S.
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Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

By Arriana McLymore and Neil J Kanatt May 20 (Reuters) - Elf Beauty on Wednesday forecast annual sales and profit below analysts' expectations, and said surging oil prices tied to the Iran war could have a $15 million to $20 million impact in fiscal 2027.
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Kansas farmers pulled by weather extremes and growing costs, wheat crop could be worst since 1972

Kansas farmers pulled by weather extremes and growing costs, wheat crop could be worst since 1972

Amid a punishing drought, tariffs and the high cost of fertilizers, farming wheat has become more uncertain as farmers in western Kansas are feeling the impact in their major wheat producing region
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Amtrak and USDOT Announce Major Developer for New York Penn Station Renovation

Amtrak and USDOT Announce Major Developer for New York Penn Station Renovation

Amtrak and USDOT Announce Major Developer for New York Penn Station Renovation
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Will White House correspondents' dinner be rescheduled? Some say: ‘Let’s call the whole thing off’

Will White House correspondents' dinner be rescheduled? Some say: ‘Let’s call the whole thing off’

And now, back to our regularly scheduled programming
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Long Island Rail Road Strike Disrupts Commuter Travel Amid Contract Dispute

Long Island Rail Road Strike Disrupts Commuter Travel Amid Contract Dispute

The Long Island Rail Road (LIRR), North America's largest commuter rail system, has been shut down for a second day due to a strike by unionized workers. The strike, the first in three decades, began after negotiations between the unions and the Metropolitan Transportation Authority (MTA) stalled over salary and healthcare premiums. The shutdown affects approximately 250,000 daily commuters, forcing them to seek alternative transportation. New York Governor Kathy Hochul has urged commuters to work from home, while the MTA has offered limited shuttle bus services. The strike has also impacted sports events in New York City, with disruptions at venues like Madison Square Garden.
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Oil prices keep swinging up and down, and so do stocks worldwide

Oil prices keep swinging up and down, and so do stocks worldwide

Oil prices swung after a scare overnight where prices popped and then moderated, and the yo-yo moves kept stock markets worldwide unsettled
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The Latest: Trump administration announces $1.7B fund for prosecuted allies in deal to drop lawsuit

The Latest: Trump administration announces $1.7B fund for prosecuted allies in deal to drop lawsuit

The Trump administration says it’s creating a $1.7 billion fund to compensate prosecuted allies of the Republican president after he moved to drop his $10 billion lawsuit against the Internal Revenue Service