Money
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Business
A Shock for Many Retirees: Social Security Benefits Can Be Taxed
When older Americans earn above a certain income level, they are often taken aback to find they owe federal income taxes on their benefits.
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World
Germany, Roiled by a Court Ruling, Finally Has a Budget
The government avoided extra borrowing for 2024, but must make cuts in programs to address climate change.
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World
Skepticism of Digital Currency Needs to Be Taken Seriously
The world’s central banks are moving briskly, and it would seem inexorably, toward introducing digital forms of cash. But I think they are underestimating the backlash from people who worry that digital currencies issued by central banks will become ...
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World
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas ...
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Arts
He Says He’s Doing Good. This Author Strongly Disagrees.
In “The Bill Gates Problem,” Tim Schwab excoriates the billionaire philanthropist and his foundation.
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World
The House G.O.P Has Its Leader. But Can He Be a Rainmaker?
The former speaker, Kevin McCarthy, was a prolific fund-raiser for his House colleagues. The new speaker, Mike Johnson, doesn’t yet have the same juice.
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Business
Biden Administration Awards $7 Billion for 7 Hydrogen Hubs Across the U.S.
Clean hydrogen could help fight climate change, but it barely exists today. Now the administration wants to build an entire industry from scratch.
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World
Trump’s Claim that U.S. Taxpayer Money Funded Hamas Attacks Is False
WHAT WAS SAID “Sadly, American taxpayer dollars helped fund these attacks, which many reports are saying came from the Biden administration.”— Former President Donald J. Trump in an Oct. 7 statement This is false. Soon after the Hamas attacks on ...
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Business
The Wager That Betting Can Change the World
I had never before attended a business conference with a 28 percent chance of an orgy. But those were the official orgy odds when I arrived at Manifest, a self-described “gathering of forecasting nerds” that the forecasting start-up Manifold Markets ...
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Business
What to Know About Sam Bankman-Fried’s Fraud Trial
Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money.