Black Friday is arriving at an interesting time for the American consumer. Shoppers have seemingly persevered this year despite an all-out assault on their pocketbooks and net worth — from falling equity prices and, more recently, home valuations, to rampant inflation that has eroded their spending power.
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Dow logs record high as stocks rise, Treasury yields jump after strong jobs data
U.S. stocks rallied Friday on fresh signs of a strong labor market, with the Dow Jones Industrial Average ending at...