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The next step for the $1 trillion bipartisan bill is the House. And its future there is not guaranteed.
The yield on the 10-year Treasury note is often a reliable indicator of how Wall Street views the prospects of economic growth — especially when other data points send confusing signals.
Continue reading …In an upside-down world of financial markets, expected returns after inflation are at record lows.
Continue reading …Expiring unemployment benefits and the Delta variant add uncertainty to a recovery that has brought strong growth but an unusual labor market.
Continue reading …Low interest rates are one reason that the housing market has taken off. They are far from the only one.
Continue reading …The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.
Continue reading …Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.
Continue reading …A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.
Continue reading …