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The U.S. economy added 431,000 jobs in March.

President Biden delivered remarks on the March jobs report on Friday.Credit…Sarahbeth Maney/The New York TimesA monthly jobs report showing strong gains in hiring gave Democrats an opportunity to promote the […]




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Biden will tap oil reserve, hoping to push gasoline prices down.

Energy experts said the reserve release would pack more punch if other countries, like China, also sold oil from their stockpiles. The International Energy Agency, an organization of more than […]




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High Inflation Could Persist as Wages Continue to Rise

Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending on vacations, restaurant meals and other services as the pandemic fades, betting […]




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Soaring Cost of Diesel Ripples Through the Global Economy

Farmers are spending more to keep tractors and combines running. Shipping and trucking companies are passing higher costs to retailers, which are beginning to pass them on to shoppers. And […]




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Biden Plan Would Release a Million Barrels of Oil a Day From Reserve

But the price of gas has continued to rise, and the political pressure has not let up.Republicans have hammered Mr. Biden for weeks and have made clear that they intend […]




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Ukraine War Threatens to Cause a Global Food Crisis

Russian and Ukrainian wheat is not easily replaced. Inventories are already tight in the United States and Canada, according to the United Nations, while Argentina is limiting exports and Australia […]




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Uber, Lyft Drivers Struggle With High Gas Prices

When Adam Potash started driving for Lyft six months ago to help make ends meet, he was happy with the pay. The business was far from lucrative, but he was […]




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Federal Reserve Walks a Tightrope Between Inflation and Recession

In an interview, James D. Hamilton, professor of economics at the University of California, San Diego, and a leading expert on the economic effects of oil shocks, said they had […]




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Why Is the Fed Raising Interest Rates?

Prices for groceries, couches and rent are all climbing rapidly, and Federal Reserve officials have been warily eyeing that trend. On Wednesday, they are expected to take their biggest step […]




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What a Federal Reserve Rate Increase Means for You

Though the typical car payment has reached its highest levels since 2012, any Fed increase isn’t expected to make a meaningful difference — at least not yet.“Car loan rates will […]