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Business
Biden’s Debt Deal Strategy: Win in the Fine Print
The president and his negotiators believe they worked out a deal that allowed Republicans to claim big spending cuts even…
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Business
Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia…
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Business
How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants
The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal:…
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News
Four Questions About the Biden-McCarthy Deal
If the debt ceiling deal between President Biden and Speaker Kevin McCarthy wins Congressional approval, it will tell us a…
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Business
Fixing Social Security and Medicare: Where the Parties Stand
Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as…
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News
What America Should Do About Its Ballooning Debt
A lot of the news coverage of hitting the federal debt ceiling has been political: The motion to vacate! The…
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Business
Vox Media to Cut 7 Percent of Workers
The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media…
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News
Why Republican Politicians Still Hate Medicare
The Republicans who now control the House will soon try to slash Social Security and Medicare. They plan to achieve…
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News
Salesforce to Lay Off 10 Percent of Staff and Cut Office Space
The software company plans to cut around 8,000 jobs as business slows for tech companies. “We hired too many people…
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Business
Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The…