China’s tobacco monopoly has become so financially vital to the government that even its powerful leader has failed to curb the country’s smoking habit.
Category: Budgets and Budgeting
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Senate Ruling Threatens Ballroom Funding in G.O.P. Budget Bill
Democrats announced Saturday night that the Senate’s top parliamentary referee had determined that the $1 billion provision did not comply with budget rules.
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U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It
The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
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Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap
American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
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Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall
Prime Minister Mark Carney’s budget update keeps to his path of diversifying away from the United States.
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Rising Costs Are Causing Couples to Delay or Forgo Having Children
High mortgage payments, higher child care costs and economic uncertainty are making some people rethink their plans on starting a family.
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Americans Living Abroad for Lower Costs Now Say Returning Home Is Too Expensive
Americans have enjoyed lifestyles that would normally be out of reach to them by working remotely in countries with lower living costs.
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‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track
When the world feels uncertain, spend the season of renewal taking charge of what you can control: your budget.
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To Boost Military Budget, Trump Targets Popular Programs at Home
Amid the war with Iran, the president has proposed to scale back some of the very programs meant to ease families’ financial burdens.
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How New Yorkers Spend, Splurge and Scrimp to Live in the City
Eliza Shapiro, who reports on New York City’s affordability crisis, asked hundreds of residents to get candid about their finances.