A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
Related Posts
A Union Takes on Musk via Tesla’s Stock
The American Federation of Teachers is pressuring some of the carmaker’s biggest shareholders as the tech mogul’s cost-cutting influence in Washington sets off alarm bells.
Trump Encourages Powell to Resign in Latest Attack on the Fed Chair
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates […]
It’s Official: Streaming Is Now the King of TV
In May, more Americans watched television on streaming than on cable and network television combined, Nielsen said. It is the first time that has happened […]