Economy
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Biden Will Seek Tax Increase on Rich to Fund Child Care and Education
WASHINGTON — President Biden will seek new taxes on the rich, including a near doubling of the capital gains tax…
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Will the unemployment claims report offer new hope on the economy?
The latest update on the labor market is scheduled to arrive Thursday morning when the government releases its weekly report…
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Manic Markets, Imploding Funds: Wall Street’s New Top Cop Has a Full Plate
Gary Gensler, the new S.E.C. chairman, wants to improve corporate disclosure and regulate digital assets better. But a lot awaits…
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Welcome to the YOLO Economy
In addition to the job-hopping you’d expect during boom times, the pandemic has created many more remote jobs, and expanded…
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Progressive Lawmakers to Unveil Legislation on Energy and Public Housing
“Public housing has been neglected, left to get worse, and we’re not going to stand for it anymore,” Mr. Schumer…
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The Fed Faces Criticism as It Wades Into Climate and Equity Issues
And Michael Strain, an economist at the American Enterprise Institute in Washington, said he was concerned that the Fed’s focus…
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The Fed’s newest governor sees America’s inflation pop as temporary.
Christopher Waller, the newest governor on the Federal Reserve’s Washington-based board, said on Friday that he expects an unfolding acceleration…
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Covid-19 Pushes India’s Middle Class Toward Poverty
Anil G. Kumar, a civil engineer, was one of them. Around this time last year, he and his family were…
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Unemployment Is High. Why Are Businesses Struggling to Hire?
By contrast, “right now what seems to be happening is that job creation is outpacing the search effort that workers…
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Signs of Economic Hope Are Growing, Some With Superlatives
“I found it very encouraging that there are signs that people are waking up from hibernation, buying new clothes and…
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John Williamson, 83, Dies; Economist Defined the ‘Washington Consensus’
Mr. Williamson attended the London School of Economics, graduating with a degree in economics in 1951. After completing two years…
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China’s Economy Is Booming. Shoppers Are Skittish Anyway.
Factories are whirring, new apartments are being snapped up, and more jobs are up for grabs. When China releases its…
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Week’s unemployment claims fall to lowest level of the pandemic.
Jobless claims fell last week to their lowest level of the pandemic and the latest data on retail sales blew…
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Voters Like Biden Infrastructure Plan; G.O.P. Still Sees an Opening on Taxes
Some Republicans are floating the possibility of putting forward a counterproposal that addresses more traditional infrastructure needs and removes the…
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Hundreds of Companies Unite to Oppose Voting Limits, but Others Abstain
On Tuesday, a spokesman for the bank said, “We publicly made our own strong statement last month about the critical…
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The Biden Administration Is Quietly Keeping Tabs on Inflation
“We think the likeliest outlook over the next several months is for inflation to rise modestly,” two officials at Mr.…
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The inflation rate could jump, but there’s a simple reason not to read too much into it.
When the government releases its latest consumer price inflation reading at 8:30 a.m. on Tuesday, Wall Street investors will be…
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Midtown Has Been Empty, but Other Retail Zones Have Bounced Back
All eyes are on Midtown Manhattan as everyone anxiously waits to see if and when office workers and tourists will…
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Fed Chief Says U.S. Economy Is at an ‘Inflection Point’ as Risks Remain
WASHINGTON — The economy is at an “inflection point” and on the cusp of growing more quickly, the Federal Reserve…
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Union Loss May Bring New Phase of Campaign Against Amazon
“Everywhere they tried, they were defeated,’’ Nelson Lichtenstein, a labor historian at the University of California, Santa Barbara, said of…
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