Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. Economic data never tells a perfectly clear story, but lately the ...

Stocks jumped Thursday, snapping a recent losing streak after an encouraging readout on inflation. The Nasdaq composite led gains, rising 1.4%. The Dow edged up 0.1%, while the S&P 500 advanced 0.8%, ...