As the government heads toward a possible default on its debt as soon as next month, officials are entertaining a legal theory that previous administrations ruled out.
Tag: United States Economy
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Fed Will Decide Next Rate Move After Bank Jitters
The Federal Reserve will release a policy decision on Wednesday on the heels of another bank collapse.
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Supreme Court Takes Up Case That Could Curtail Agency Power to Regulate Business
The court’s Republican-appointed majority appears poised to chip away again at the authority of the administrative state to issue rules for the economy.
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Wages and Prices Slow Unevenly, Reflecting ‘Rocky and Bumpy’ Economy
Key pay and inflation gauges have stayed stubbornly high as Federal Reserve officials consider when to stop raising interest rates.