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Get ready for new reopening trade

Get ready for the new reopening trade — and it has nothing to do with the stock market. Think teeth and travel. In discussing its latest earnings, retail giant Walmart Inc said it had noticed an increase in sales of teeth-whitening products in areas of the US where face coverings were no longer required. At Macy’s Inc, Chief Executive Officer ...

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A chance to tame your inner workaholic!

The most engaged employees are those who put in face time at the office, WeWork’s CEO, Sandeep Mathrani, declared last week, while “those who are least engaged are very comfortable working from home.” This is from a man whose livelihood depends on the profitability of commercial real estate. It’s as if the Staples chief executive said the most engaged workers ...

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The Fed is negotiating with itself on inflation

If you’re worried about the recent surge in inflation, some reflection on the past decade might prove useful therapy. Central banks are willing to look beyond price spikes they consider transitory, in large part because of a perceived need to atone for missteps after the last big slump. It’s hard to understand why the Federal Reserve appears unfazed without appreciating ...

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