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Business
Bank of England Keeps Rates Steady, Seeing ‘Some Way to Go’ on Inflation
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank…
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Business
What’s Next for Interest Rates? An Era of ‘Peak Uncertainty.’
Federal Reserve officials could keep all options on the table at their meeting this week, even as data shape up…
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Business
In a Shaky Oil Market, OPEC Has Bitter Decisions to Make
Anticipating a drop in demand for 2024, major producers, led by Saudi Arabia, are trying to reduce supply.
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World
DeSantis Cuts Campaign Staff by Over a Third, Aiming to Rein In Costs
His presidential campaign, facing questions from allies and donors about the strength of his candidacy, has now eliminated the jobs…
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Business
Biden’s Debt Deal Strategy: Win in the Fine Print
The president and his negotiators believe they worked out a deal that allowed Republicans to claim big spending cuts even…
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Business
Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia…
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Business
How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants
The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal:…
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News
Four Questions About the Biden-McCarthy Deal
If the debt ceiling deal between President Biden and Speaker Kevin McCarthy wins Congressional approval, it will tell us a…
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Business
Fixing Social Security and Medicare: Where the Parties Stand
Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as…
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News
What America Should Do About Its Ballooning Debt
A lot of the news coverage of hitting the federal debt ceiling has been political: The motion to vacate! The…