Finance
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Biden Portrays Next Phase of Economic Agenda as Middle-Class Lifeline
The president used his State of the Union speech to pitch tax increases for the rich, along with plans to…
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How Cable News Reacted to the Speech
After the speech, the deluge — of punditry, that is. The instant hot takes about President Biden’s State of the…
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Yep, He Did It Again
The media titan Rupert Murdoch, 92, is engaged once more. This time it is to Elena Zhukova, a retired molecular…
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Rivian Will Delay Construction of a $5 Billion Factory in Georgia
The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to…
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Spate of Mock News Sites With Russian Ties Pop Up in U.S.
The fake news organizations, experts say, represent a technological leap in the Kremlin’s efforts to spread false and misleading narratives.
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European Central Bank, Citing Wage Growth, Keeps Rates Steady
Although inflation has eased, the eurozone’s central bank said that “domestic price pressures remain high.” Rates remain the highest in…
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In State of the Union, Biden Will Cheer the Economy and Draw a Contrast With Trump
Allies are pushing the president to do more to sell skeptical voters on his economic record and to attack his…
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Jay Powell Signals a Retreat on Banking Rules
The Fed chair said regulators could scale back or rework a sweeping capital-requirements proposal that Wall Street has been fighting…
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Weirdly Warm Winter Has Climate Fingerprints All Over It, Study Says
Recent heat waves in cities worldwide have the hallmarks of global warming, researchers said. And last month was the hottest…
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New York Community Bank Raises $1 Billion in Emergency Cash
Investors include Steven Mnuchin, who joined the board of the struggling midsize lender.