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Economy
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The Federal Open Market Committee (FOMC) is widely expected to leave its federal funds rate target unchanged when it meets on October 27–28. Fed officials have signaled that there is…
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For many years, American conservation and hunting organizations were pioneers in protecting wildlife and natural landscapes — privately. The Nature Conservancy nurtured conservation easements, the National Audubon Society created natural…
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Washington’s deficit addiction is imposing severe costs on the American people. As investors demand greater compensation for holding federal debt, higher Treasury yields put upward pressure on mortgage rates and…
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Introduction Many people probably assume that Congress, like a household, sits down once a year, takes an accounting of how much money is likely to come in, and then determines…
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Shareholders of some of America’s biggest restaurant brands have been making a simple but loud argument during the past few years: focus on the food, not the politics. Recently, that…
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Toward the end of the summer, I bought a new dishwasher after agonizing over a big-ticket purchase. My dishwasher had stopped working at the start of the summer, but with…
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In a speech in early September, Trump raised eyebrows with a pitch that seems outright shameless: And here is my promise: If the Republicans win the House of Representatives and…
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Following his deportation from the Soviet Union, Aleksandr Solzhenitsyn warned, “There always is this fallacious belief: ‘It would not be the same here; here such things are impossible.’” Writing from…
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To most Americans, October is “scary” because of Halloween. Economists recall another scary day: Black Tuesday, October 29, 1929. Over that Monday and Tuesday alone, the US stock market plummeted…