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Supreme Court backs Utah oil railroad expansion and scales back a key environmental law

WASHINGTON (AP) — The Supreme Court on Thursday backed a multibillion-dollar oil railroad expansion in Utah, in a ruling that scales back a key environmental law.

The 8-0 decision comes after an appeal to the high court from backers of the project, which is aimed at quadrupling oil production in the remote area of sandstone and sagebrush.

Environmental groups said the decision would have sweeping impacts on National Environmental Policy Act reviews across the country. The Trump administration has already said it's speeding up that process after the president vowed to... Read More

Oilers look to close out Stars in West final again and advance to Stanley Cup rematch with Panthers

DALLAS (AP) — The Edmonton Oilers have the opportunity for another series-clinching Game 5 victory on the road, one that would send them to a Stanley Cup Final rematch and again knock out the Dallas Stars.

Edmonton took a 3-1 series lead into Game 5 of the Western Conference final on Thursday night. The Oilers had won three games in a row while holding Dallas to only two goals since the Stars' five-goal third period for a 6-3 win in the series opener.

Defending Stanley Cup champion Florida is awaiting the West winner after closing out the East final with a 5-3 win at... Read More

Federal judge extends order blocking Trump administration ban on foreign students at Harvard

BOSTON (AP) — A federal judge on Thursday extended an order blocking the Trump administration’s attempt to bar Harvard University from enrolling foreign students.

U.S. District Judge Allison Burroughs granted Harvard’s request for a preliminary injunction, blocking the government’s action until the case is decided. It had already been paused since last week, when Burroughs issued a temporary restraining order.

Harvard sued the Department of Homeland Security on Friday after Secretary Kristi Noem revoked its ability to host foreign students at its campus in... Read More

Nvidia rallies as the rest of Wall Street drifts after a US court blocks many of Trump's tariffs

NEW YORK (AP) — A big rally for stocks that began in Asia on Thursday is easing off the accelerator amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs.

The S&P 500 was 0.3% higher in midday trading after giving up most of an earlier gain. The Dow Jones Industrial Average was down 56 points, or 0.1%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.6% higher.

It's a downshift after stocks initially leaped nearly 2% in Tokyo and Seoul, where markets had the first chance to react to the... Read More

Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since early February, further pushing up borrowing costs for homebuyers.

The rate increased to 6.89% from 6.86% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.03%.

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate ticked up to 6.03% from 6.01% last week. It’s still down from 6.36% a year ago, Freddie Mac said.

Mortgage rates are influenced by several... Read More

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Supreme Court backs Utah oil railroad expansion and scales back a key environmental law

Oilers look to close out Stars in West final again and advance to Stanley Cup rematch with Panthers

Federal judge extends order blocking Trump administration ban on foreign students at Harvard

Nvidia rallies as the rest of Wall Street drifts after a US court blocks many of Trump's tariffs

Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February

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