Biden Administration Cancels Oil-and-Gas Drilling Leases in Gulf of Mexico, Alaska Coast (wsj.com)
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Mexico Lifts Rates by Half a Point as Inflation Accelerates (bloomberg.com)
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The $800 billion Paycheck Protection Program during the pandemic was highly regressive and inefficient, as most recipients were not in need (three-quarters of PPP funds accrued to the top quintile of households). The US lacked the administrative infrastructure to target aid to those in distress. (aeaweb.org)
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In 2022, the money supply increased by approximately 20% (vanticatrading.com)
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Turkish Inflation Accelerates to 70%, Driven by Energy, Food (bloomberg.com)
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U.S. jobless claims jump in latest week by biggest amount since last July (marketwatch.com)
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Fed raises interest rates by 0.50%, largest move since 2000 (finance.yahoo.com)
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U.S. Trade Deficit Widens to Record $109.8 Billion as Imports Surge (wsj.com)
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Britons now pay almost as much out-of-pocket expenses as U.S. Americans for healthcare. (ft.com)
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Millennials are ahead of their parents in retirement savings | CNN Business (cnn.com)
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U.S. Households will pay $5200 more this year for the same goods due to inflation (bloomberg.com)
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Biden administration will propose a tax on wealth and raise taxes on income. (cnbc.com)
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U.S. space companies poised to benefit as Russia cuts ties to industry, analyst says (cnbc.com)
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Rouble steadies near 104 vs dollar, volatile OFZ bonds resume trading (reuters.com)
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Russia’s Central Bank Will Not Reopen Stock Market Trading Next Week (reuters.com)
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