Economy
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Treasury Report Shows $1.7 Trillion Deficit
The widening gap between what the government spends and what it earns comes as Congress continues to spar over the…
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The Multimillion Dollar Machines at the Center of the U.S.-China Rivalry
The United States is taking unusual action to clamp down on sales of chip-making machinery to China, even as Chinese…
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The Gems Hiding in Plain Sight in the Treasury Market
Back in 1994, bonds with fabulous yields were there for the taking. Our columnist doesn’t see treasures like that now,…
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Tesla’s Profits Plunge 44% After Big Price Cuts
The automaker reported a sharp drop in profits in the third quarter after slashing car prices by around 25 percent…
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Apple’s New Film Strategy Debuts With ‘Killers of the Flower Moon’
Martin Scorsese’s three-and-a-half-hour epic is the first of three high-profile movies the tech company will give wide theatrical releases in…
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Middle East Conflict Threatens Global Growth
Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.
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Silicon Valley Ditches News, Shaking an Unstable Industry
News organizations are scrambling to adjust to the latest rift in the long-fractious relationship between publishers and tech platforms.
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Strong Economic Data ‘Could Warrant’ Higher Rates, Fed Chair Says
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome…
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Markets Look to Powell Amid Rising Tensions in the Middle East
Investors will listen to the Federal Reserve chair’s speech on Thursday for clues on interest-rate moves, as the Israel-Hamas conflict…
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An Industry Insider Drives an Open Alternative to Big Tech’s A.I.
The nonprofit Allen Institute for AI, led by a respected computer scientist who sold his company to Apple, is trying…