How laws meant to inspire building things may incite destructive races to the bottom in places across the country.
Tag: United States Economy
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The Greatest Wealth Transfer in History Is Here, With Familiar (Rich) Winners
In an era of surging home and stock values, U.S. family wealth has soared. The trillions of dollars going to heirs will largely reinforce inequality.
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U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, C.B.O. Warns
A default would cause financial distress, economic disruptions and rapid increases in borrowing rates, the nonpartisan Congressional Budget Office said.
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The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds
Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.
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U.S. Ends Last Covid Travel Barrier, Vaccine Mandate for Foreign Arrivals
International travelers entering the country are no longer required to be vaccinated, removing the last of the restrictions on travel put in place beginning in 2020.