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Debt And Bond Markets

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ATLANTA (AP) — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black colleges. Many other Black schools are not so fortunate; in fact, many are struggling.

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FRANKFURT, Germany (AP) — The European Central Bank has adopted a new approach to managing the economy that would tolerate transitory periods of consumer inflation moderately above its 2% goal — and take greater account of climate change in its forecasting and stimulus programs.

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The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of President Joe Biden's $1.9 trillion coronavirus rescue plan.

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