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For Best Buy, hard part comes now

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Best Buy Co has deftly navigated its business through the pandemic. The hardest part may come now. The consumer-electronics retailer’s range of products put it in a good position to take advantage of the surge in demand for gadgets, PCs and other devices people could use at home during lockdowns. And by beefing up its online sales and curbside pickup ...

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Walmart confronts reshaped Covid world

American shoppers are learning to live in a world where Covid-19 is ever-present. They may not like it, but they’re adjusting. It won’t be as easy for retailers such as Walmart Inc and Home Depot Inc to figure out, though. Walmart reported strong quarterly results, including an extra $4 billion of sales above what analysts had been projecting. Still, laced ...

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Powell’s Jackson Hole speech came too early

At times, history has been made at Jackson Hole, as the world’s central bankers gaze at the snow-dusted Tetons, coffee cups in hand, to discuss the most pressing economic issues of the day. It’s where Alan Greenspan gave his famous speech explaining why monetary policy shouldn’t be used to prick stock market bubbles, and where, about a decade later, Ben ...

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