Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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The Crisis in Venezuela Could Send Oil Prices Soaring
By Nick Cunningham, Oilprice.comVenezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...
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The Risk That Could Drive Oil Prices Higher in a Hurry
By Nick Cunningham, Oilprice.comThe latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...
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The Chernobyl Wasteland Could Find New Use as a Huge Solar Farm
By Irina Slav, Oilprice.comEnergy independence, especially if you don’t particularly like the country you currently depend on, is a very strong motivator for the adoption of renewable energy. Ukraine has recently become a...
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Why US Companies Are Left Out as Iran Gets Back to Business
It’s hard to say who pounced more quickly, the Iranians or the rest of the world, when punishing international sanctions were lifted last month. In a matter of days, the Islamic Republic is back in...
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Here’s How Iran Will Rejoin the Global Financial System
By Jonathan Saul, ReutersIran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran's Middle East Bank and a...
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Oil Prices Slide to 11-Year Low, but OPEC Keeps Pumping
By AMANDA COOPER, ReutersBrent crude oil prices hit their lowest in more than 11 years on Monday, driven down by a relentless rise in global supply that looks set to outpace demand again next year. Oil production is running...
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Here’s Why U.S. Investors Are Getting Excited About Iran
By Mike Bird, Business InsiderIran is entering the global economy, and some investment-bank analysts are starting to get pretty excited. Most outsiders see Iran as an anti-Semitic Islamic state run by extremists who tolerate...
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Can ISIS Save the Russian Economy for Putin?
By Rob GarverWestern governments presented a united front in imposing economic sanctions on Russia in the wake of Vladimir Putin’s decision first to invade part of Ukraine in 2014 and later to continue supporting...
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Here’s How Climate Change Could Drag 100 Million People into Poverty
By Megan Rowling, ReutersWithout the right policies to keep the poor safe from extreme weather and rising seas, climate change could drive over 100 million more people into poverty by 2030, the World Bank said on Sunday. In...
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China vs. Yellen: 3 Scenarios That Will Determine the Fate of the Global Economy
It's pretty clear by now: The theme of the economic expansion of the last few years, and the powerful bull run in global markets, has been the aggressive effort by central banks to paper over...
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Bolting Bovine Replaces Germany's Oracle Octopus
By ReutersCould a runaway celebrity cow replace the late Paul the "oracle" octopus as the next animal with the ability to foretell the fortunes of Germany's national soccer team?
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Stocks: Time to Make Your Shopping List
By Suzanne McGee, The Fiscal TimesThere are plenty of reasons that the U.S. stock market should resume the rally so rudely interrupted a few weeks ago by underwhelming economic data and new waves of anxiety-inducing headlines from...
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Spain Gets Up to 100 Billion Euros for Its Banks
By The Fiscal Times StaffEuro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once...
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Merkel Softens...Cameron Hardens...Spain Punts
By CARLOS RUANO and ANDREAS RINKE, ReutersChancellor Angela Merkel underlined Germany's readiness to use all instruments to maintain stability in the eurozone on Thursday, fueling expectations that Spain may soon decide to seek help for its...
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China Cuts Interest Rate on Growth Worries
By KEVIN YAO and NICK EDWARDS, ReutersChina delivered a surprise interest rate cut on Thursday to combat faltering growth, underlining concern among policymakers worldwide that the euro area’s deepening crisis is threatening the health...