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The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.
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People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
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The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.
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American consumers are likely to see fewer choices on the shelves, and small producers may be the hardest hit.
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The TV celebrity doctor, a cardiothoracic surgeon, will take the reins at a time when the agency is facing cutbacks, especially for the poor, and scrutiny of its missions.