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Why the Fed is thinking about immigration

Federal Reserve Chair Jay Powell’s latest presser was all about the job market. Buried among the usual talking points, like hiring sentiment and the …

1 month ago

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Why the Fed cut interest rates

The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday. And this decision comes as President Donald Trump continues to p…

1 month ago

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When the job market is a "complicated, unusual, difficult situation"

The Federal Reserve decided to cut interest rates again at its meeting this week, partly because Fed officials think the labor market is weaker than …

1 month ago

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ICE raids harken back to COVID-era hardship

The COVID-19 pandemic changed the economic circumstances of many, creating demand for direct aid, interrupting consumer spending, and altering the na…

1 month ago

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Mexico raises tariffs on imports from Asia

From the BBC World Service: Mexico’s parliament has voted in favor of a bill imposing tariffs of between 5% and 50% on more than 1,400 products from …

1 month ago

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The little-known regulatory bodies that can make or break AI data centers

The AI boom is propelling a once-obscure group of state regulators into key decision-making roles for the economy. AI needs data centers, data center…

1 month ago

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Fed rate cut diverges from global central bank strategy

The Federal Reserve cut its key interest rate Wednesday by a quarter point. That’s pretty much what analysts expected. But in other parts of the worl…

1 month ago

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On Instacart: same store, same item, different price

Dynamic pricing is here. Several consumer groups designed a shopping experiment with hundreds of volunteers who shopped on Instacart for the same pro…

1 month ago

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Beware of shady refinance offers

Today, the Federal Reserve is expected to lower interest rates by a quarter point. While there's no guarantee of it, the move could translate to lowe…

1 month ago

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Amazon announces mega investment in India

From the BBC World Service: Amazon has announced plans to double its investment in India by 2030 — to the tune of around $35 billion — with a focus o…

1 month ago

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