New York Times

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  1. 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.
  2. People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
  3. 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.
  4. American consumers are likely to see fewer choices on the shelves, and small producers may be the hardest hit.
  5. 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.