With climate change affecting everything from household finances to electric grids, the profession is increasingly focused on how society can mitigate carbon emissions and cope with their impact.
Category: United States Economy
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Brainard Pitches Biden’s Economic Efforts In Hard-Hit Regions
Lael Brainard, the National Economic Council director, contends the administration deserves credit for recent gains in areas battered by past job losses.
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Americans’ Economic Confidence Is Returning. Will Biden Benefit?
The White House is embracing a nascent uptick in economic sentiment. It is likely good news — but how it will map to votes is complicated.
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The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?
Economists have become increasingly optimistic about the odds of a soft landing. But as 2024 begins to unfold, risks remain.
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Stocks Are in a Bull Market. What Does That Mean?
It doesn’t mean stocks will continue to rise indefinitely, but it does reflect a generally optimistic outlook on Wall Street.
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Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
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What’s in the New Tax Deal?
Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.
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A Fed Governor Reiterates That Rate Cuts Are Coming
Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as inflation cools — though timing was uncertain.
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Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
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Trump’s Dominance and Snowy Weather Put Iowa’s Caucus Economy on Ice
Republican candidates have spent heavily in Iowa, but the state is seeing fewer visitors, and winter storms have upended events and travel plans.
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JPMorgan Chase, Bank of America and Wells Fargo Earned Billions
JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s deposit insurance fund.
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Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down
Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a normal pace.