As companies prepare to publish their latest financial results, Wall Street forecasters expect profits to fall for the first time since the early days of the pandemic.
Tag: United States Economy
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Powell Says Fed ‘Will Not Be’ a Climate Policymaker
In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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As Infrastructure Money Lands, the Job Dividends Begin
Trillions of dollars in government spending will profoundly affect the labor market, but in ways hard to measure, and mostly under the surface.