IMF Sees Potential 'Major Resilience Test' From Pandemic
Companies that borrowed heavily at low interest rates to cope with the coronavirus crisis may have trouble paying their debts, increasing the risk of bankruptcies, the IMF said in its Global Financial Stability Report.
U.S. Stocks Waver as Earnings Season Begins
Major indexes wobbled, pressured by a string of mixed earnings reports from companies ranging from airlines to banks.
OPEC Says U.S. Oil Production Recovering Faster Than Expected
The U.S. energy industry is recovering more quickly than previously expected from the fall in production from the coronavirus pandemic, the Organization of the Petroleum Exporting Countries said.
U.S. Consumer Prices Rose in September
U.S. consumer prices advanced in September, as costs for used vehicles and dining out rose, continuing a trend of firmer inflation in recent months amid a nascent recovery from the economic downturn caused by the coronavirus pandemic.
Boeing Subsidies Merit EU Tariffs on $4 Billion in U.S. Goods, WTO Rules
The World Trade Organization said the European Union may impose tariffs on $3.99 billion in Boeing jets and other U.S. goods as part of a long-running trade dispute.
IMF Says Global Downturn Will Be Less Severe Than Estimated in June
The global economic collapse caused by the coronavirus won't be as severe as estimated earlier, the International Monetary Fund predicted Tuesday, though the recovery will be long and arduous.
Global Companies Are Caught Between New Taxes and a Trade War
The prospect of a higher corporate tax rate isn't so unappealing when set against the risk of a chaotic global trade and tax war.
Invesco to Launch Four New Funds Tied to Flagship QQQ Tech ETF
At $134 billion, the Qs, as it is known across Wall Street, has grown to become one of the biggest exchange-products in the world and accounts for roughly 42% of Invesco's ETF assets.
Does Gold Protect Your Investment Portfolio? Think Again
The precious metal's role as a hedge depends on the risk you are trying to guard against, and it has its uses. But investors seeking protection from share-price losses might find gold offering little cover for some time.
Optimism Among U.S. Small Businesses Improves
Small-business owners confidence in the U.S. economy increased further in September and broadly reached its pre-pandemic levels, data from a survey compiled by the National Federation of Independent Business showed.
(END) Dow Jones Newswires
10-13-20 1115ET
