Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.
Category: United States Economy
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U.S. Market Slump Led by Nvidia Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes, led by tech stocks like Nvidia, reverberated through Asia and Europe on Wednesday.
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Japan Stocks Tumble as U.S. Market Slump Sparks Global Sell-Off
A sharp decline in major U.S. stock indexes reverberated through Asia on Wednesday, with investors still rattled by last month’s market meltdown.
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Stock Prices and Oil Fall in Sharpest Decline Since Early August
The S&P 500 fell more than 2 percent on Tuesday, its biggest single-day drop since an early August meltdown.
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Can Democrats Stop the ‘Tax Doom Loop’?
Democrats are tired of losing to Republicans on tax policy. They’re hoping to mount a comeback next year.
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Has the Spread of Tipping Reached Its Limit? Don’t Count on It.
Both major presidential candidates propose exempting tips from taxes. That could encourage more reliance on tipping, and leave workers vulnerable.
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The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
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The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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Harris and Trump Have Differing Plans to Solve Housing Crisis
The two presidential nominees are talking about their approaches for solving America’s affordability crisis. But would their plans work?
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30-Year Mortgage Rate Falls to 6.35%
Further declines could encourage more activity from buyers and sellers.
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How Wall Street Learned About Last Week’s Labor Data Before the Public
The Labor Department provided insight into a recent lapse in which revised payrolls data were given out à la carte before they were online.