After stocks jumped more than 6 percent in January, the tone shifted markedly this week as a steady flow of data showed the economy continued to run hot.
Tag: Credit and Debt
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How Young Couples Talk About Money in Relationships
In an age when making Venmo payment requests is easy, many young couples find that discussing their finances can be hard.
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After a Burst of New Businesses, a Cooling Economy Intrudes
The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.
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Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened.
A novel idea to leave the country’s vast oil reserves in the ground fizzled for lack of international support. Now, struggling under painful debt, the government wants to expand drilling in the rainforest.
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JPMorgan Sets Aside Money for Bad Debts as ‘Mild Recession’ Looms
The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later in the year.