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Money & Markets

Manchin, Schumer in surprise deal on health, energy, taxes

WASHINGTON — In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced an expansive agreement Wednesday that had eluded them for months addressing health care and climate, raising taxes on high earners and large corporations and reducing federal debt. The ...

Google’s parent reports slowest quarterly growth in 2 years

SAN FRANCISCO — Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession. The regression reported Tuesday by Google’s corporate parent, Alphabet, is the latest ...

Rents spike as big-pocketed investors buy mobile home parks

LOCKPORT, N.Y. — For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York. That changed in 2018 when corporate owners took over the 65-year-old park located amid farmland and down the road from a fast food ...

California OKs ‘baby bonds’ to help combat child poverty

SACRAMENTO, Calif. — Parenting — that long chain of decisions that hopefully leads to a well-rounded adult — was always a little less stressful for Laura Guerra because her husband, Rigo, was “100% in it” for their daughter, Emilia. But Rigo died from COVID-19 on Christmas Eve in ...

CVS seeks verification on drugs with possible abortion use

CVS Health is asking pharmacists in some states to verify that a few of the prescriptions they provide will not be used end a pregnancy. A spokesman said Thursday that the drugstore chain recently started doing this for methotrexate and misoprostol, two drugs used in medication abortions but ...

Sky-high diesel prices squeeze truckers, farmers, consumers

NEW YORK — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an ...