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...JPMorgan Chase chief executive Jamie Dimon had a one-on-one lunch at the White House last week with vice-president Kamala Harris, according to people familiar with the matter....
...But Biden, the president who has overseen this bonanza since defeating Trump in 2020, is getting little credit....
...Pay in Clayton County, a suburb of Atlanta, has risen faster than anywhere else in the country in the past year....
...Moro was voted in as senator for Paraná in late 2022, but has since been hamstrung by a lack of political allies and divisions within his Brazil Union party....
...The text’s rapporteur in the lower house, federal deputy Aliel Machado of the Green Party, has suggested a longer transition period for the agricultural sector....
...“We need to improve what didn’t go right before,” says Abinadade Santos, general secretary of the metalworkers’ union in Recife....
...“There’s a risk that we don’t thread this needle and unemployment picks up speed,” said Adam Abbas, head of fixed income at Harris Associates. “I think there are risks to credit spreads here.”...
...Industry association Sifma argued in a public comment before the rule was adopted that the FTC did not have the power to regulate banks and credit unions....
...It was part of the Bristol Food Union, founded in March 2020 as the world went into Covid-19 lockdowns....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...start cutting its benchmark deposit rate from its record high level of 4 per cent in June, there is more doubt over the pace and total amount of policy loosening that will follow — especially if the US Federal...
...And not only is industrial policy back — it seems like the US’s public investment might deserve credit for the immaculate cooling we’re seeing on inflation....
...His State of the Union address in two weeks time will be a good reset opportunity. Were he to pull out, however, nothing would be written in the stars....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...But once these artifices were no longer possible with the process of convergence towards monetary union, GDP stopped growing....
...China’s “credit impulse” — the change in the flow of credit — was a “headwind for growth for much of the last year” but has now moved back into positive territory, BofA’s analysts said....
...In contrast, the strength of the US economy and high levels of government spending relative to taxes could persuade the Federal Reserve to keep interest rates high for some time, say investors, which could...
...President Joe Biden’s landmark climate law, the Inflation Reduction Act, included tax credits to help make its expensive development more viable. New gas plants will face these rules starting 2032....
...Wagner said the company “will deal with the challenge” if the tax credits went away....
...Biden’s main hope lies with the US Federal Reserve. In December, Fed chair Jay Powell called the peak of the US interest rate cycle....
...The Fulton County district attorney’s office and Wade did not respond to a request for comment....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...The factory, worth $2bn, is one of many projects being built across the US on the back of lucrative federal tax credits and state subsidies, with South Carolina doling out a record $1.3bn in taxpayer funds...
...Starbucks in 2022 introduced more sizes for baristas’ green aprons and the option for customers to tip with their credit cards, two of the union’s initial demands....
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic, Federal Reserve Bank of Kansas City president Jeffrey Schmid and Federal Reserve Bank of San Francisco president Mary Daly speak...
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