The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.
Tag: United States Economy
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What Layoffs? Many Employers Are Eager to Hang On to Workers.
Despite interest rate increases meant to cool the labor market, companies outside the tech industry worry about having too few workers, not too many.
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Plans in Congress on China and TikTok Face Hurdles After Spy Balloon Furor
With budgets tight and political knives drawn, lawmakers seeking to capitalize on a bipartisan urgency to confront China are setting their sights on narrower measures.
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War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
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How the Fed Opened Pandora’s Box
Jerome H. Powell’s no-holds-barred response to the pandemic was made possible by history. It raises questions about the future.