A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices.
Category: Budgets and Budgeting
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Inflation Accelerated in May as Iran War Pushed Up Prices
The New York Times – Business: -
Xi Jinping Quit Smoking. China Still Cannot.
The New York Times – Business: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.
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Senate Ruling Threatens Ballroom Funding in G.O.P. Budget Bill
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business:Eliza Shapiro, who reports on New York City’s affordability crisis, asked hundreds of residents to get candid about their finances.