After a fierce rally largely propelled by a handful of tech stocks, the market’s rapid climb stalled in August. That setback could ultimately be a good thing, our columnist says.
Tag: United States Economy
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Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over
Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s most closely watched conference.
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U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
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Nikki Haley Aims to Turn Her Debate Moment Into Momentum
The former South Carolina governor — the only woman in the Republican field — stood out for her responses on abortion, foreign policy and Donald Trump’s indictments.
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At Jackson Hole, Powell Faces a Changed Economy and Market
Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.