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Business Blog

House advances $1,400 payments, unemployment boost as part of Covid relief plan

House Democrats hope to pass their $1.9 trillion coronavirus relief plan this month and have it signed into law before mid-March.
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Investors pour record $58bn into global stock funds in single week

Surge of inflows into riskier assets is latest sign of investor exuberance
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Meet the student loan borrowers refusing to pay their debt, hoping Biden will forgive it

One hundred people with student debt are going on strike, hoping to pressure President Joe Biden to cancel the country's outstanding student loan balance.
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Bidding wars are off the charts, as home listings fall to a record low

Bidding wars are off the charts, even as home prices are rising rapidly.
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17 Hits
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City centre housing rents fall as tenants move to suburbs

Pandemic is driving ‘race for space’ boosting outlying suburbs
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Fed to test banks’ ability to withstand 55% fall in equity prices

Regulators lay out criteria for annual stress exercise with stocks at record highs
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