Quoctrung Bui
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In the past five years, the Fed has created $3 trillion out of thin air. In that context, today's news is vanishingly small.
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Over the past 50 years, both the way the federal government spends money and what the government spends money on has changed a lot.
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Many rich countries, like the U.S. and Japan, are getting old. Meanwhile, countries in the developing world are staying young. Here's what that looks like over the course of a century.
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Friday morning, we'll learn what happened last month in the job market. But whatever happened last month, it won't change the big picture: The job market is still very bad.
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Minimum wage workers are concentrated in the service industry, are disproportionately women, and are mostly young.
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The people running the most populous nation on earth just made it easier for their citizens to have more children. Why this was, as much as anything, an economic decision.
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The government is sitting on billions of dollars owed to ordinary people — who often don't know the money is there. Here's where the money is.
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Natural gas has gotten really cheap in the U.S., but your gas bill isn't much lower than it used to be. Also: New factories, less coal and environmental controversy.
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Unless Congress raises the debt ceiling soon, the government won't be able to pay its bills. Here's a graph showing some of the big payments coming due.
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If Congress doesn't raise the debt ceiling soon, the U.S. government won't be able to pay its debts. Here's who won't get paid if the government defaults.