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Powell’s high-stakes bet: More jobs but only mild inflation

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WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble. ...

AP FACT CHECK: Claims from Biden’s joint address to Congress

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WASHINGTON — The Associated Press is fact-checking remarks from President Joe Biden's first address to a joint session of Congress and the Republican response....

German unemployment steady in April despite lockdown

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BERLIN — Unemployment in Germany remained steady in April, according to official figures Thursday, as pandemic lockdown measures in Europe’s largest economy appeared not...

Explainer: Capital gains tax hike targets wealthy investors

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NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way,...

This Week: Consumer confidence, Fed meeting, Amazon earns

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A look at some of the key business events and economic indicators upcoming this week: ...

Even as economy heats up, Fed to stick with near-zero rates

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WASHINGTON — Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up...

Legalization bids boost outlook for US cannabis industry

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LOS ANGELES — Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of...

Businesses scramble for help as would-be workers stay home

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NEW YORK — It looks like something to celebrate: small businesses posting “Help Wanted” signs as the economy edges toward normalcy. Yet, instead of...

Vote near on Indiana budget with schools boost, vaping tax

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INDIANAPOLIS — Indiana public school and teachers groups are cheering the education funding increase included in the new state budget plan that’s poised for...

CN makes $33.7B bid for Kansas City Southern

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A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. ...