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U.S. Will Hit Debt Limit on Thursday, Yellen Tells Congress

WASHINGTON — Treasury Secretary Janet L. Yellen warned on Friday that she would have to begin employing “extraordinary measures” on Thursday to continue paying the nation’s bills if lawmakers did […]




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FAA Outage Highlights Fragility of the Aviation System

Tens of thousands of flights were delayed or canceled around Christmas when frigid weather and storms made travel treacherous. But the weather was mostly fine on Wednesday morning when flights […]




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Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia

The climate and tax bill President Biden signed in August to increase the use of green energy and electric cars while expanding domestic manufacturing appears to be yielding some results.A […]




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Kevin McCarthy’s Speaker Drama Raises New Fears on Debt Limit

WASHINGTON — Representative Kevin McCarthy of California finally secured the House speakership in a dramatic vote ending around 12:30 a.m. Saturday, but the dysfunction in his party and the deal […]




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Why Are Energy Prices So High? Some Experts Blame Deregulation.

New transmission lines in deregulated markets often get limited review by state or federal officials, which means they are less likely to be rejected on the grounds that they are […]




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Tim Wu, Architect of Biden Antitrust Push, to Leave White House

Tim Wu, a central architect of President Biden’s push to clip the wings of the nation’s largest companies, is leaving the White House.Mr. Wu’s last day at the National Economic […]




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How New IRS Rules Could Affect Venmo, Zelle and CashApp Users

WASHINGTON — This year, Dennis Turbeville, a woodworker in Washington, used the mobile payment service Venmo to sell his wares, collect payments on a rental property and split personal expenses […]




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Clean Energy Quest Pits Google Against Utilities

It was the sort of dry panel discussion that occurs at hundreds of industry conferences every year — until a Google representative decided it was time to unleash.“This is personal […]




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Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame

In Western Massachusetts, Ryan Salame was known as a local boy turned hometown hero who struck gold as a top executive at FTX, the now-collapsed cryptocurrency exchange, and used some […]




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Sam Bankman-Fried’s Parents Under Scrutiny in FTX Collapse

Mr. Bankman-Fried’s business and political empire was always a family affair. The FTX founder was a prolific political donor, and he was part of a network of contributors who gave […]