Oil is under $90 a barrel, and consumers are benefiting. Geopolitics, the economy and unforeseen events will determine whether the relief will last.
Tag: Inflation (Economics)
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This Guy Says the Fed Has Got Everything Precisely Backward
A hedge fund manager’s unconventional theory of interest rates and growth.
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If the Job Market Is So Good, Why Is Gig Work Thriving?
Conventional employment opportunities abound, but online platforms still have appeal — for flexibility or additional income.
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House Delivers Biden Victory, and a Bet on America’s Future
Congress gave final approval to the Inflation Reduction Act, which will lower the cost of prescription drugs, extend health care subsidies and invest billions into climate and energy programs.
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Russia’s Economy Contracts Sharply as War and Sanctions Take Hold
The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.