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Democrats Blast Corporate Profits as Inflation Surges

Inflation remains rapid as the economy enters 2022, and Democrats have begun pointing to a new culprit for the high and lasting price increases: Greedy corporations.Senator Sherrod Brown of Ohio, […]




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Fed’s Moves in 2022 Could End the Stock Market’s Pandemic Run

For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic — the mounting coronavirus cases, the loss of lives and […]




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Stocks Hit a Record as Investors See Progress Toward a Spending Deal

Wall Street likes what it’s hearing from Washington lately.The S&P 500 inched to a new high on Thursday, continuing a rally aided by signs of progress in spending talks that […]




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Racial Bias Skewed Small-Business Relief Lending, Study Says

But Sergey Chernenko, an associate professor of finance at Purdue University’s Krannert School of Management, who was not involved in Dr. Howell’s research, said the new paper aligned with his […]




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Federal Reserve Signals a Shift Away From Pandemic Support

Federal Reserve officials indicated on Wednesday that they expect to soon slow the asset purchases they have been using to support the economy and predicted they might raise interest rates […]




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Why $46 Billion Couldn’t Prevent an Eviction Crisis

Over the past several months, the White House and Treasury Department have been racing to deal with the program’s problems, repeatedly revising guidelines to allow tenants to receive payouts with […]




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Unemployment Benefits Expire for Millions Without Pushback From Biden

WASHINGTON — Expanded unemployment benefits that have kept millions of Americans afloat during the pandemic expired on Monday, setting up an abrupt cutoff of assistance to 7.5 million people as […]




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Big Economic Challenges Await Biden and the Fed This Fall

Mr. Powell said at his news conference last week that “we’re some way away from having had substantial further progress toward the maximum employment goal.”“I would want to see some […]




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How to Cope With the End of Unemployment Insurance and Other Covid Safety Nets

Usually, these plans can offer only a limited grace period to use money that you didn’t spend during the regular 12-month period. If you don’t use the money, you forfeit […]




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The Coronavirus Pandemic Safety Net Is Coming Apart. Now What?

Distressed homeowners with loans owned by private banks or investors should contact their mortgage servicer to see what options they’re offering — some of them have followed a framework similar […]