Markets Try to Ignore Bubble Warnings
If stocks are this expensive, why isn’t anyone blinking? The S&P 500 is up nearly 30% since April, reaching record highs even as Wall Street digests mounting
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Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Holiday Spending Set for Steepest Drop Since 2020
Is this the holiday pullback retailers feared? The latest projections show that American households plan to spend 5% less this holiday season, marking the largest contraction since the pandemic hit
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Holiday Spending Gets Squeezed, Gen Z Cuts Back
Is this the year the holiday consumer finally blinks? If you’re budgeting for gifts, you’re not alone: multiple surveys report Americans plan to spend 5% less this holiday
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Markets Stumble Amid Debt and Tariff Doubts
What spooked Wall Street at summer's end? Investors entered September—the market’s most notoriously treacherous month—with a list of worries. Stocks fell broadly Tuesday: Dow down
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Eurozone Inflation Nudges Above Target
Is European inflation making a comeback, or just pausing before relief? August brought a minor but notable surprise for the eurozone inflation rate, which ticked up to 2.1%, slightly
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Gold Stampedes to New Heights Amid Dollar Doubts
What does $3,500 gold say about global nerves? Gold’s surge to a new record—up over 30% in 2025 and peaking at $3,508.50/oz—is about
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Markets Juggle Tariffs, Fed Drama, and a Gold Frenzy
Have investors finally priced in trade chaos, or is volatility just beginning? Markets wrapped August walking a tightrope: lingering at all-time highs while digesting a dizzying swirl of tariff
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Tariff Turmoil Ripples Through the Real Economy
How do tariffs and global trade wrangling reshape economic reality? A summer of tariff drama has left its mark from Seoul to Tokyo to US wallets. South Korea’s August
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China’s Factory Surprise Defies Broader Asian Slump
Is China’s manufacturing comeback a blip, or a bellwether? While U.S. and Asian factory activity remains soft amid tariff drag, China’s private PMI bucked expectations, rising to
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Tariff Uncertainty and Geopolitics Shape Global Moves
Will legal limbo around U.S. tariffs seriously disrupt global trade? An appeals court ruling that Trump’s sweeping tariffs exceeded presidential authority sent shockwaves through U.S. partners. While
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