The country’s economic prospects are being underestimated.
Tag: United States Economy
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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Debt Ceiling Deal Includes New Work Requirements for Food Stamps
The agreement will place additional work requirements on older Americans to receive food assistance, but will remove those barriers for veterans and homeless adults.
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Why the Debt Limit Spending Cuts Likely Won’t Shake the Economy
With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated.
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With Debt Ceiling Deal in Hand, McCarthy and Biden Turn to Task of Selling It
With the right and the left up in arms about the agreement in principle reached by the president and the speaker, both sides started to make the case for its quick passage, a tall order in Congress.