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World

India bans most wheat exports, adding to concerns of global food insecurity.

India, the world’s second-largest wheat producer, has banned exports of the grain with some exceptions, a move that could compound…

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Business

The Week in Business: Crypto’s ‘Death Spiral’

Credit...Giacomo BagnaraWhat’s Up? (May 8-14) Shaken Confidence in Crypto Markets In what some are calling a “death spiral,” the value…

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World

Cryptocurrencies Melt Down in a ‘Perfect Storm’ of Fear and Panic

SAN FRANCISCO — The price of Bitcoin plunged to its lowest point since 2020. Coinbase, the large cryptocurrency exchange, tanked…

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Business

Fed Chair Says Bringing Inflation Down Will Take ‘Some Pain’

Jerome H. Powell, the Federal Reserve chair, said in an interview on Thursday that lowering inflation is likely to be…

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Business

Fed Confronts Why It May Have Acted Too Slowly on Inflation

Some Federal Reserve officials have begun to acknowledge that they were too slow to respond to rapid inflation last year,…

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Business

Biden says inflation is his ‘top priority’ and lashes out at Republican plan.

President Biden, on the defense for months over rising inflation, sought to convince Americans on Tuesday that he understood the…

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Business

The Fed Is Set to Pull Back Economic Help Rapidly. Is It Too Late?

The Federal Reserve is poised to set out a path to rapidly withdraw support from the economy at its meeting…

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Business

The Era of Cheap and Plenty May Be Ending

For the past three decades, companies and consumers benefited from cross-border connections that kept a steady supply of electronics, clothes…

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Politics

A Departing House Democrat Traces 30 Years of G.O.P. History

As a young congressional aide, David Price witnessed the passage of the Civil Rights Act of 1964 from the Senate…

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Business

A Fed governor says the latest inflation data reaffirms the case for big rate increases.

Christopher J. Waller, one of the Federal Reserve’s governors in Washington, said on Wednesday that recent economic data suggests that…

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