A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.
Category: United States Economy
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A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
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Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.
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The Job Market Is Chugging, Completing a Solid Economic Picture
After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.
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Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.
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The Pandemic Small Business Boom Is Still Helping to Fuel the Economy
A record surge in new businesses has helped drive job growth, and could have longer-term benefits.
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U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, the port workers strike and a devastating hurricane have injected uncertainty into the U.S. economy.
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Trump and Harris Want to Revive Manufacturing, but How Much Could They Actually Do?
The policy focus on the industry has changed from job quantity to job quality. And while federal incentives matter, local factors are more important.
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Dockworkers’ Strike Halts Commerce at Newark Port, Affecting the Supply Chain Ecosystem
The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers.
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Biden Scrambles to Contain Economic and Political Fallout of Port Strike
The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election.
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U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.