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Yellen Warns Congress that Debt Limit Must by Raised by Oct. 18

Treasury Secretary Janet L. Yellen on Tuesday warned lawmakers of “catastrophic” consequences if Congress failed to soon raise or suspend the statutory debt limit, saying inaction could lead to a […]




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Top Fed officials say the labor market needs more time to heal.

Top Federal Reserve officials emphasized on Monday that the labor market was far from completely healed, underlining that the central bank will need to see considerably more progress before it […]