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Business

High Inflation Could Be Stickier Than Anticipated

Companies raise prices in response to higher labor costs, fanning inflation further

Labor shortage has employers scrambling to offer new perks

Companies are rolling out perks at a feverish clip to lure employees.

Red states leading US economic recovery from the coronavirus pandemic

States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates. 

Sen. Joe Manchin: ‘The Coal Industry Has To Be Saved’

In a notable break with progressives, Sen. Joe Manchin (D-W.Va.) said in an interview that the coal industry “will be saved, has to be saved, because the country can’t survive without it.”

FTC accuses Facebook of “buy or bury” scheme in new antitrust complaint

The Federal Trade Commission on Thursday took a second shot at alleging Facebook is an illegal monopoly in a new complaint that accuses the social media company of buying up potential competitors or thwarting their access to the platform.

‘Windfall’: Gov. Newsom sells Marin County mansion for $5.9 million

Sale occurs with Democratic governor fighting Sept. 14 recall

Florida senator seeks probe of Ben & Jerry’s halting sales in Israeli settlements

Florida Sen. Rick Scott (R) is calling for a federal investigation into Ben & Jerry's over its decision to stop selling ice cream in occupied Palestinian territory.

US Treasury Freezes Billions In Afghan Reserves, Depriving Taliban Of Cash

After handing the Taliban US-supplied military hardware on a silver platter thanks to the botched Afghanistan withdrawal, the Biden administration scrambled to deprive the terrorist organization of funding - freezing Afghan government reserves held in US bank accounts, and blocking the Taliban from accessing billions of dollars held in US institutions, according to the Washington Post, citing two people familiar with the matter.

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

House moderates reject Pelosi’s simultaneous-vote proposal on spending bills

A group of moderate House Democrats rejected Speaker Nancy Pelosi’s attempts to fashion a compromise on the timing of the $1.2 trillion infrastructure package and a broader $3.5 trillion party line spending bill.

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