House Speaker Kevin McCarthy (R-CA) speaks at a rally marking the 100th day of Republican control of the House in Washington D.C. on April 17, 2023. Nathan Posner | Anadolu Agency | Getty Images WASHINGTON — House Speaker Kevin McCarthy, R-Calif., on Wednesday released his plan to raise the debt …
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A year into the most significant period of Federal Reserve rate hikes in decades, you might think investors had already cemented their investment portfolio strategies for a higher interest rate world. But some of the biggest investors are making, or first planning, some of their biggest moves now. Count the …
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BERLIN, GERMANY – MARCH 16: Israeli Prime Minister Benjamin Netanyahu during his visit to Germany. Sean Gallup | Getty Images News | Getty Images Israeli Prime Minister Benjamin Netanyahu warned the Saudi leadership of the dangers of reigniting ties with long-standing rival Iran following a China-brokered deal last month, while …
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Sdi Productions | E+ | Getty Images As a pandemic-era policy winds down, millions of people on Medicaid may lose their coverage — even though they remain eligible, advocates say. For the last three years, due to the Families First Coronavirus Response Act, states have been required to provide continuous Medicaid …
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The outlook for newly minted graduates doesn’t look as good as it once did. Employers plan to hire about 4% more new college graduates from this year’s class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that’s …
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The U.S. Securities and Exchange Commission headquarters in Washington. Al Drago/Bloomberg via Getty Images Robo-advisor firm Betterment agreed on Tuesday to settle charges with the U.S. Securities and Exchange Commission for $9 million over alleged failures related to an automated tax service. The sum will be distributed among roughly 25,000 …
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Most people go shopping knowing how much they’re willing to spend on something, and thanks to new salary transparency laws, they’re approaching job-searching in a similar way. Salary transparency and pay equity are becoming so important, 33% of job-seekers said they wouldn’t even go to an interview without seeing the …
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Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That’s one reason why bitcoin rose slightly on Thursday. STR | NurPhoto via Getty Images Bitcoin slid toward $29,000 on Wednesday as …
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Russian President Vladimir Putin. Germany and other EU countries are looking to sanction Russian nuclear energy. Contributor | Getty Images News | Getty Images Germany, Poland and a few other EU nations are pushing for sanctions on Russian nuclear energy, as the bloc looks at new ways to hurt the …
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China’s economy grew 4.5% in the first quarter of 2023, beating expectations. Steven Han | Moment | Getty Images Analysts at JPMorgan and Citi raised their full-year forecasts for China’s economy after it delivered an impressive first-quarter gross domestic product growth of 4.5% on Tuesday. JPMorgan raised its 2023 growth …
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