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Junk fees cost consumers tens of billions annually, according to the White House

U.S. President Joe Biden delivers remarks during a reception celebrating Nowruz in the East Room at the White House in Washington, March 20, 2023. Kevin Lamarque | Reuters Fees on concert tickets, air fares, hotels and other so-called junk fees cost Americans tens of billions of dollars every year, often …

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Politics won’t help U.S., Heitkamp says

Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s Institute of Politics. She is also the founder of the One Country Project, an organization dedicated to advancing rural America, and a CNBC contributor. Within hours of the Silicon Valley …

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JPMorgan Chase can be sued over Jeffrey Epstein sex traffic

People inside the offices of JP Morgan Chase in New York City. Getty Images A New York federal judge on Monday ruled that the U.S. Virgin Islands and women who accuse the late investor Jeffrey Epstein of sex trafficking can proceed with some of their claims in a lawsuit against …

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Silicon Valley Bank ex-CEO Greg Becker backed Big Tech lobbying groups

Greg Becker, President and CEO of Silicon Valley Bank (SVB), speaks during the Milken Institute Global Conference on May 3, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Before Silicon Valley Bank’s failure, its former CEO Greg Becker backed two tech industry lobbying groups that …

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New Jersey deli fugitive leaves Thailand for U.S. court date

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP A former fugitive charged with stock manipulation in the bizarre case of a money-losing New Jersey deli once …

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President Biden’s proposed 2024 budget calls for top 39.6% tax rate

President Joe Biden speaks about the U.S. response to the high-altitude Chinese balloon at the White House complex Feb. 16, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images President Joe Biden is proposing higher taxes on wealthy Americans to help cover priorities like Medicare and …

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Biden’s budget proposal calls for boosting climate resilience funding

Joe Biden while speaking during the 2022 United Nations Climate Change Conference COP27 in Egypt. Gehad Hamdy | Picture Alliance | Getty Images President Joe Biden’s budget proposal for 2024 includes billions of dollars spread across federal agencies to combat climate change, with a bulk of investment going towards boosting …

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U.S. says it doesn’t want to separate its economy from China’s

Tensions between the U.S. and China have escalated over the last few years. Teh Eng Koon | AFP | Getty Images BEIJING — The U.S. is pushing back on the idea it wants to suppress China and said it doesn’t want to separate the two economies, according to a State …

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White House endorses Senate TikTok bill, urges Congress to pass soon

U.S. Senator Mark Warner (D-VA) and other U.S. senators unveil legislation that would allow the Biden administration to “ban or prohibit” foreign technology products such as the Chinese-owned video app TikTok during a news conference on Capitol Hill in Washington, March 7, 2023. Bonnie Cash | Reuters The White House …

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New bill will give the Commerce Secretary the power to ban TikTok

U.S. Senator Mark Warner (D-VA) speaks to the media following a classified briefing for U.S. Senators about the latest unknown objects shot down by the U.S. military, on Capitol Hill in Washington, February 14, 2023. Evelyn Hockstein | Reuters A new bipartisan bill will empower the Secretary of Commerce to …

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