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In a stark warning reminiscent of a rising tide of fiscal despair, Washington D.C.’s Chief Financial Officer, Glen Lee, has alerted city officials to an impending financial crisis that could reshape the landscape of local governance. The recent letter charts a bleak trajectory, projecting a downward revision in annual revenues amounting to an alarming $342.1
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The recent implementation of a 25% tariff on parts imported from Mexico and Canada by the Trump administration is already sending shockwaves through the automotive industry. Critics of this policy argue that it creates a scenario rife with instability and unpredictability. The revelation that around one-third of North American vehicle production might be cut is
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The recent plunge in U.S. airline stocks, hitting their lowest points since late last year, paints a foreboding picture for the travel industry, which had previously basked in a glow of strong consumer demand. This downturn follows an unsettling backdrop of new tariffs imposed by President Donald Trump on both Canadian and Mexican goods, alongside
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