Policy
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News
Why Elon Musk Needs China
Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country.
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World
Japan Raises Interest Rates for First Time in 17 Years
Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
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Newyork
Words Over Deeds: Why Biden Isn’t Pressuring Israel
One could be forgiven for thinking that President Biden’s tough words on the Israel-Hamas war in his State of the Union address and his MSNBC interview on Saturdaywas the beginning of a much more critical U.S. policy toward Israel. After all, the ...
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News
Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet
Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.
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News
Mortgage Rates and Inflation Could Draw Attention to the Fed This Election
The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key event looms in the backdrop: the election.
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News
Fed Minutes Showed Officials Feeling Better About Inflation
Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open, December minutes showed.
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US
Pentagon’s New Plans to Reduce Civilian Deaths Leave Questions Over Israel
The document codifies procedures for U.S. combat but does not address operations the United States supports through military aid alone.
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US
Senate Wraps Up Year by Punting the Most Difficult Issues to 2024
But leaders of both parties cited steady progress on a package tying Ukraine military assistance to tougher border policies and hope for a deal early next month.
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News
Difficult Choices for Some Long-Term Care Policyholders
After a settlement of a lawsuit, Genworth, the biggest holder of the policies, said customers could get reduced benefits or face significant increases in premiums.
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World
European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.