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Nov 18, 2022

Some schools got a surprise million-dollar donation

This week, philanthropist MacKenzie Scott announced that she’d given just under $2 billion over the last seven months to hundreds of organizations, including a number of public school districts. We look into how some of the recipient schools are planning to spend the money. Then, we check in with Chris Low about how the Fed has been signaling its recent interest rate hikes. And, life under China’s new COVID rules, which for some people look a lot like the old ones.

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For large investments, schools can turn to the debt markets to raise money. But they're also facing rising costs, which could hurt their ability to borrow.
For large investments, schools can turn to the debt markets to raise money. But they're also facing rising costs, which could hurt their ability to borrow.
Jon Cherry/Getty Images

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