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California lawmakers on Monday approved the nation’s first penalty for gas price gouging, voting to give regulators the power to punish oil companies for profiting from the type of price spikes that hit Californians last summer. The Democrats in charge of the state Legislature worked quickly to pass the bill …

A husband shot and killed his wife of 56 years while she was in another room, the Saratoga County Sheriff’s Office said in a news release. Authorities responded around 7:40 p.m. on Sunday evening to a house in Greenfield, New York, following reports of a gunshot wound to the head of …

Federal Reserve head Jerome Powell excoriated the leadership of Silicon Valley Bank on Wednesday, painting the second-largest bank failure in U.S. history as an isolated instance caused by poor judgment. “At a basic level, Silicon Valley Bank management failed badly,” Powell said in a press conference to discuss the Fed’s …