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Yellow, the Freight-Trucking Company, Declares Bankruptcy

Three years after receiving a $700 million pandemic-era lifeline from the federal government, the struggling freight trucking company Yellow is filing for bankruptcy.After monthslong negotiations between Yellow’s management and the […]




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The Fed Has Targeted 2% Inflation. Should It Aim Higher?

After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight against inflation, our columnist says. Read […]




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Will the Fed Keep Tightening as Banks Fail?

Quantitative tightening is supposed to be boring. That’s by design.It doesn’t demand attention like a bank failure, emergency government rescue, wildly fluctuating interest rates or uncomfortably high inflation.But it is […]




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U.S. on Track to Add $19 Trillion in New Debt Over 10 Years

WASHINGTON — The United States is on track to add nearly $19 trillion to its national debt over the next decade, $3 trillion more than previously forecast, the result of […]




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How the U.S. Government Amassed $31 Trillion in Debt

WASHINGTON — America’s debt is now six times what it was at the start of the 21st century. It is the largest it has been, compared with the size of […]




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America Hit Its Debt Limit, Raising Economic Fears

WASHINGTON — The United States hit its debt limit on Thursday, prompting the Treasury Department to begin using a series of accounting maneuvers to ensure the federal government can keep […]




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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt

What’s more, the growing gap between interest rates in Japan and elsewhere was pushing down the yen’s value, piling even more stress on the country’s highly import-dependent economy. That made […]




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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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Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise

“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of Barnard, said.Republicans, meanwhile, have blamed the Biden administration — and in particular, […]