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Business
Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of…
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Business
How Low Will They Go? Wall Street’s Big Rethink on Interest Rate Cuts
Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.
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Business
Higher for Longer After All? Investors See Fed Rates Falling More Slowly.
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into…
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Business
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on…
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World
A Queer Chinese Artist Finds Liberation Through Folk Art
Drawing from his life in rural China, the gay artist known as Xiyadie uses a folk art form to tell…
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Business
Fed Meets Amid Worries That Inflation Progress Might Stall
Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels…
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US
Republicans’ Big F.B.I. Cut Came From Scrapping One Senator’s Earmark
The G.O.P. has boasted about cutting the budget of what it calls the “weaponized” F.B.I. by 6 percent. Most of…
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Business
U.K. to Cut Taxes Again as Election Nears
The Conservative government, trailing badly in the polls, proposed the second tax cut in four months.
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World
Adams Unveils $109 Billion Budget With Fewer Cuts Than He Had Predicted
Mayor Eric Adams said that New York City’s financial outlook had improved, but he still called for more federal funding…
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World
Swim Lessons for N.Y.C. Children Were at Risk. A Billionaire Helped Out.
During a period of painful budget cuts, New York City lawmakers secured private funding to pay for free swim lessons…
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