Few investors have focused on the possibility that Congress will not raise the nation’s borrowing limit in time to avoid an economically catastrophic default.
Category: Stocks and Bonds
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‘Zero Covid’ Behind It, China’s Economy Starts to Recover
The economy grew 4.5 percent in the first three months of the year, a pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.
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What Bank Earnings Reveal About the Health of the Economy
JPMorgan Chase and Wells Fargo reported solid earnings on Friday, but big questions remain about the sector’s health and a potential recession.
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Most Funds Couldn’t Beat the Stock Market in 2022, Despite Advantages
In 2022, conditions were heavily in stock pickers’ favor, but most trailed the market. This year looks worse, our columnist says.
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Dour Earnings Loom Over Wall St. as a Slowing Economy Bites
The outlook for corporate profits has swiftly deteriorated, with inflation still fast and a banking scare prompting some investor caution.
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Fed Officials in March Wanted to Remain Flexible on Future Rate Increases
Minutes from the Federal Reserve’s March 21-22 meeting showed that officials were grappling with how much more to lift borrowing costs.
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The Week in Business: Cuts to Oil Production
Job growth last month continued at a steady, but slower pace. The Biden administration unveiled its plans for the I.R.S. And a new inflation reading comes out.
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Investors Worry What Strong Jobs Data Means for the Economy
Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
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Bing Newcomb, Whose E*Trade Transformed Stock Trading, Dies at 79
The legally blind son of a janitor, he wrote a program that allowed people to buy and sell stocks on their home computers and co-founded a company that reaped its benefits.
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Bing Newcomb, Whose Code Transformed Stock Trading, Dies at 79
The legally blind son of a janitor, he wrote a program that allowed people to buy and sell stocks on their home computers and co-founded the company that became E*Trade.
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Ari Emanuel Buys a Pro Wrestling Heavyweight
Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant.