Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
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The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
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Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
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Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank.
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Iran war is fueling inflation and slowing growth around the world, according to a new report.
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The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more.
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The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
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Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward.
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The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
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Young people aiming to build careers are entering fields they had not considered to find their footing.
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In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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Senator Thom Tillis said he had received assurances from federal prosecutors that eased his concerns, setting the stage for a key committee vote on Kevin Warsh.
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With oil prices in mind, the Trump administration has deployed a haphazard approach to sanctions on Russia and Iran.
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Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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With New York City facing a multibillion-dollar deficit, Mayor Zohran Mamdani is exploring ways to delay the city’s payments to municipal pension funds.
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A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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