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Tag: Recessions and depressions

US average mortgage rates decline; 30-year loan at 2.95%

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WASHINGTON — Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s...

Bank CEOs return to testify in front of divided Congress

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WASHINGTON — The chief executives of the nation’s largest banks are back in front of Congress, where they are likely to face another round...

Study suggests French used more meds to cope with pandemic

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PARIS — An increasing number of French are feeling anxious and having a hard time falling asleep at night, apparent effects of the coronavirus...

Bank CEOs return to Congress at time of deep partisan divide

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WASHINGTON — The heads of the nation's big Wall Street firms were back on Capitol Hill on Tuesday, the start of two days hearings...

Survey: Business economists foresee best growth in 37 years

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WASHINGTON — The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations,...

New England Pats gives flight to China’s vaccine diplomacy

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MIAMI — The New England Patriots' team plane has delivered 500,000 Chinese-made COVID vaccines to El Salvador — and in the process inadvertently inserted...

US average mortgage rates rise; 30-year loan at 3%

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WASHINGTON — Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs...

Biden team moves swiftly to tackle pipeline political peril

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The Biden administration swung aggressively into action after a primary gasoline pipeline fell prey to a cyberattack — understanding that the situation posed a...

US mortgage rates fall for 4th week; 30-year dips to 2.94%

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WASHINGTON — Mortgage rates declined this week, marking their fourth consecutive week below 3% and further evidence of the strength in the economy’s recovery...

Public service in the US: Increasingly thankless, exhausting

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STERLING HEIGHTS, Mich. — He scurries through his apartment, downing a quick mug of coffee, brushing his teeth, feeding his pet rabbit, Auggie, before...