Business
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For Tech Companies, Years of Easy Money Yield to Hard Times
Eighteen months ago, the online used car retailer Carvana had such great prospects that it was worth $80 billion. Now…
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Inflation Is Cooling, Leaving America Asking: What Comes Next?
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an…
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Their Children Are Their Retirement Plans
The offspring of many East Asian immigrants are raised to support their elders in their later years. That gives a…
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The Week in Business: The Debt Limit and Politics
Credit...Giacomo BagnaraWhat’s Up? (Jan. 15-21) The U.S. Hits Its Debt Ceiling The United States hit its borrowing cap of $31.4…
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As Deepfakes Flourish, Countries Struggle With Response
Deepfake technology — software that allows people to swap faces, voices and other characteristics to create digital forgeries — has…
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Families Struggle as Pandemic Program Offering Free School Meals Ends
A federal benefit guaranteeing free school meals to millions more students has expired as food prices have risen. Many families…
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How the U.S. Government Amassed $31 Trillion in Debt
Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total…
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How Smart Are the Robots Getting?
Franz Broseph seemed like any other Diplomacy player to Claes de Graaff. The handle was a joke — the Austrian…
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At Davos, European Distress Over a ‘Made in America’ Law
The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to…
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The Young Founder Who Fooled JPMorgan, According to JPMorgan
When JPMorgan Chase paid $175 million to acquire a college financial planning company called Frank in September 2021, it heralded…