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United States Economy

Corporate America Has Dodged the Damage of High Rates. For Now.

Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking…

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U.S. Gas Prices Drop Ahead of Thanksgiving Travel

With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months. Source…

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A 30-Year Trap: The Problem With America’s Weird Mortgages

Buying a home was hard before the pandemic. Somehow, it keeps getting harder. Prices, already sky-high, have gotten even higher,…

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Biden’s Pacific Trade Pact Suffers Setback After Criticism From Congress

The administration will no longer try to announce the completion of the trade terms this week, after prominent Democrats objected…

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Vermont May Be the Face of a Long-Term U.S. Labor Shortage

At Lake Champlain Chocolates, the owners take shifts stacking boxes in the warehouse. At Burlington Bagel Bakery, a sign in…

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U.S. employers added 150,000 jobs last month, falling short of forecasts.

Employers added 150,000 jobs in October on a seasonally adjusted basis, the Labor Department said on Friday. The increase was…

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Are Higher Rates Slowing the Economy? A Zoo Offers Clues.

Economists are surprised by how strong the economy remains with rates at a 22-year high. But there are some signs…

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JOLTS Report Shows U.S. Job Openings Steady in September

Why It Matters: The Fed looks for signs of a soft landing. The Federal Reserve closely monitors job openings to…

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Drought Saps the Panama Canal, Disrupting Global Trade

For over a century, the Panama Canal has provided a convenient way for ships to move between the Pacific and…

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Biden to Travel to Minnesota to Highlight Rural Investments

The White House on Wednesday will announce more than $5 billion in funding for agriculture, broadband and clean energy needs…

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