Rising inflation and a weakening labor market have created a bind for the central bank, Jerome H. Powell, its chair, warned on Tuesday.
Category: United States Politics and Government
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Trump’s $100,000 Visa Fee Puts Many Tech Start-Ups in a Bind
Silicon Valley start-ups said they were concerned they would be disproportionately hurt by the new visa fee for skilled foreign workers, given their limited resources.
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Supreme Court Allows Trump to Fire F.T.C. Commissioner
The justices said they will consider overruling a landmark Supreme Court precedent that has limited the president’s ability to fire top officials at the agency.
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U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
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India Reels From Trump’s H-1B Visa Fee
The H-1B visa lured a generation of Indian professionals to take part in the American dream. A $100,000 fee has forced a rethink of the route.
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Trump’s Tax Cut Is Underwater. Can a ‘Refund Boom’ Save It?
Republicans are hoping a new name, along with larger refunds for many Americans next year, can buoy an economic agenda that polls show is unpopular.
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Miran Says Interest Rates Should Fall to 2.5 Percent This Year
Stephen Miran, who joined the central bank last week, said he believes rates should be around 2.5 percent, or about 2 percentage points lower than they are currently.
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The Patriotic Dress Code at Charlie Kirk’s Funeral
A service for Charlie Kirk called for attendees to wear red, white and blue.
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H-1B Visa Upheaval Roils Companies and Geopolitics
The Trump administration has clarified its new visa policy, but corporate bosses are still trying to sort through the fallout.
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White House Outlines a TikTok Deal With a U.S. Board
A potential deal to reduce TikTok’s ties to China would give the app a new board with six American directors out of seven, the White House press secretary said.