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Business

High Interest Rates Are Hitting Poorer Americans the Hardest

The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low-…

Business

High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.

High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy…

Business

JPMorgan’s Dimon Warns of ‘Unsettling’ Pressures as Bank’s Earnings Wobble

Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.

World

World Bank Warns Record Debt Burdens Haunt Developing Economies

Surging interest rates and waning financing options threaten a “lost decade” for poor countries.

World

Renters Are on the Move. Where Are They Going?

As climbing interest rates, low inventory and sky-high prices push more frustrated home buyers into the rental market, rents are…

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