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UK Only Article: standard article Fly Title: From the archives Rubric: Why mortgage subsidies are a bad idea IN THIS week’s print edition, we explore how mortgage subsidies have encouraged banks to lend more to homeowners and less to firms, with pernicious economic consequences. The Economist has long been a … Read entire story.
Source: Economic Issues
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This week's top dish from Eater Chicago, Curbed's restaurant, bar, and nightlife blog… RIVER NORTH—Mercadito's Spanish drinking and eating hotspot Tavernita shuttered yesterday amidst a revoked liquor license and $75,000 in state tax debt. Their casual Mercadito Counter opened this…
American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think […]