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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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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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Republicans’ Internecine Conflict Is Mirrored in Conservative Media

William F. Buckley Jr., a founder of National Review, once famously described a conservative as “someone who stands athwart history, yelling ‘Stop!’ at a time when no one is inclined […]




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Biden Caps Two Years of Action on the Economy, With New Challenges Ahead

Mr. Biden finished 2022 in a celebratory mood, vacationing with his wife, Jill, daughter Ashley and grandchildren Hunter and Natalie in the Virgin Islands. Aides described him as being in […]




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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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What Are the Politics of Elon Musk? It’s Complicated.

On occasion, his remarks have raised concerns that he has planted himself firmly among right-wing conspiracy theorists. When he tweeted about the attack on Ms. Pelosi’s husband, he shared the […]




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Democrats Spent $2 Trillion to Save the Economy. They Don’t Want to Talk About It.

Polls show voters liked direct payments from President Biden’s 2021 economic rescue bill. But they have become fodder for Republican inflation attacks. Read More




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How Private Equity Lobbying Watered Down the Corporate Minimum Tax

WASHINGTON — An hour after Democrats released the text of their climate and tax legislation, Washington lobbyists for the private equity industry sprang into action.With a final Senate vote nearing […]




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Voters See a Bad Economy, Even if They’re Doing OK

The fastest inflation in four decades has Americans feeling dour about the economy, even as their own finances have, so far, held up relatively well.Just 10 percent of registered voters […]




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This Week in Apps: Period tracking app privacy, Snapchat’s paid subscription, calls for TikTok ban

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues […]