economy
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PublishedJanuary 6, 2022
Mounting omicron infections force businesses to scramble, threatening economic recovery
Many employers vow to stay open but struggle as employees fall sick or quarantine.
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PublishedJanuary 4, 2022
Commentary: Millennials are finally spending like grownups
The largest generation in the United States is buying houses and cars. That’s going to have consequences for inflation.
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PublishedDecember 22, 2021
Commentary: The Fed’s pivot on inflation, unemployment is the opposite of hawkish
The central bank’s policy stance is actually much more dovish than it was a year ago. This doesn’t bode well for the economy.
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PublishedDecember 21, 2021
U.K. to give $1.3 billion in aid to businesses hurt by omicron
The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.
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PublishedDecember 21, 2021
Omicron casts new shadow over economy’s pandemic recovery
One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
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PublishedDecember 14, 2021
Supply-chain nightmare ignites economic boom along U.S.-Mexico border
By keeping production closer to its final destination, companies hope it will reduce the risk of distribution snags.
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PublishedDecember 10, 2021
Why U.S. inflation is so high, and when it may ease
The economy has staged an unexpectedly rousing recovery from the pandemic, fueled by government spending and emergency moves by the Fed. Businesses had to scramble to meet demand, pushing prices up.
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PublishedDecember 7, 2021
Long-term state revenue projections ‘volatile,’ Maine lawmakers told
The words of caution come as the Legislature prepares to debate what it should do with $822 million in additional revenue being projected for the current two-year budget.
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PublishedDecember 4, 2021
Commentary: Suspend the gas tax? It’s a short-sighted proposal from Democrats
The idea is appealing both politically and economically, but its supporters should be careful what they wish for.
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PublishedNovember 30, 2021
U.S. consumer confidence falls in November to nine-month low
U.S. consumer confidence was held back by rising worries about inflation and lingering concerns about the coronavirus.
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