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Super-strong dollar imperils world economy

July 13, 2022 11:46 am

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against …

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Spiking inflation imperils passage of Biden’s $1.75 trillion spending bill

November 14, 2021 10:25 pm

Skyrocketing inflation and consumer costs are hurting President Joe Biden’s and Congressional Democrats’ hopes to pass another major spending bill through the reconciliation process. The Department of Labor’s Bureau of Labor Statistics this week reported an 8.6% increase in wholesale …

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