A host of issues face the markets, beyond the prospect of a possible default on U.S. debt. Hedge your bets and ride it out, our columnist says.
Nvidia and other tech stocks have added billions of dollars in market value as the technology has boomed
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.
Mr. Orszag will oversee a financial institution with a long history of advising on corporate deals at a time when its mainstay business faces huge challenges.
Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated.
The former Obama administration official is set to succeed Ken Jacobs, who will become executive chairman.
European luxury stocks slipped this week because spending by aspirational shoppers is weakening in the U.S.
At least one candidate who had been viewed as a strong contender for the job withdrew from consideration, according to people familiar with matter.
Negotiators consider more money for military and cuts to IRS funding, though nothing has been finalized.