Listen and follow The DailyApple Podcasts | Spotify | StitcherThe meteoric rise of the U.S. stock market over the past two years has come to an abrupt end. A steep downturn recently has led to what’s known as a bear market. But what does that mean, and why might policymakers have to hurt the economy to help it in the long term?

Source: New York Times June 15, 2022 20:39 UTC