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US Economy

US could face default as soon as June if debt ceiling isn’t lifted, says thinktank

The US could face an unprecedented default on its obligations as soon as early June if Congress does not...

US economy bounces back to growth despite surging inflation

The US economy grew at a 2. 6% annual rate from July through September, snapping two straight quarters of...

America’s ‘weird’ economy isn’t working – can Democrats convince voters they can fix it?

I n her back pocket, Ana Diaz carries a smooth grey pebble she calls her “knock-knocker”. She uses...

‘Unfortunate costs’: Fed chair says curbing inflation could bring job losses

US Federal Reserve chair Jerome Powell on Friday warned of “pain” ahead as the central bank struggles to bring...

Record China trade figures surprise but economists caution over weakening outlook – business live

Key events 36m ago SoftBank suffers losses of £18bn amid tech stock rout 1h ago China exports jump but...

Era of soaring house prices is ending as central banks raise rates | Larry Elliott

I t’s over. An era of ever-rising house prices stimulated by cheap money is coming to an end....

Interest rates: three central banks facing one agonising decision | Larry Elliott

Whatever it takes. With those three words the then head of the European Central Bank quashed doubts in...

Bipartisan gun control deal held up by ‘a couple of issues’, says Senate negotiator – live

Show key events only Live feed Show key events only From 38m ago 18. 50 Bannon to face trial...

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