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Covid Aid Programs Spur Record Drop in Poverty

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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.

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A Look at What’s in the Bipartisan Infrastructure Deal

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The White House and bipartisan lawmakers have agreed on a package that would provide funding for roads, bridges and other physical infrastructure.

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Inflation Is New Battle Line as Republicans and Biden Spar Over Spending

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Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.

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Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Its Goals

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The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.

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Fed Considers Tapering Bond Purchases as Economy Grows

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Federal Reserve officials conclude a two-day meeting in Washington on Wednesday. The focus will be on laying the groundwork for less supportive policy.

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Will the Delta Variant Wreck the Recovery?

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Probably not. But there are potential challenges with both supply and demand that put the economy at risk.

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I.M.F. World Economic Outlook Forecasts 6 Percent Global Growth

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The gap between the rich and poor countries will widen as the United States and other advanced economies will expand faster than expected, according to new projections.

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Inflation Has Arrived, but Washington Isn’t Racing to Limit Price Pops

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Policymakers, now more attuned to the costs of choking off growth early, are sticking by a patient approach as prices rise.

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Pandemic Recession Officially Lasted Only Two Months

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An economic group concluded that the downturn was limited to March and April 2020, though the pandemic’s impact continues to play out.

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Senators and Biden Aides Struggle to Save Bipartisan Infrastructure Deal

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A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.

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