Economy Week Ahead: Industry, GDP, Housing
Housing is in focus in this week's round of economic data.
Stocks Rise to End Turbulent Week of Trading
U.S. stocks staged a powerful rebound following their steepest selloff since October, but finished the session with weekly losses.
Central Banks Jump Into Climate-Change Policy Fray
Regulators are focusing on risks to financial systems and economies. Some say they are going beyond their remits.
Even Short-Term Inflation Will Test the Fed
The Fed should hold steady on interest rates even if inflation temporarily jumps above 5%.
West Virginian Drives GOP's Infrastructure Deal Hopes
Sen. Shelley Moore Capito is leading Republicans in negotiations with the White House on roads, bridges and broadband internet.
IPO Market Faces a Critical Juncture
The U.S. IPO market, unstoppable for nearly a year, has hit a speed bump. With inflation fears weighing on stocks, investors have shifted away from technology shares, initial public offerings and SPACs.
U.S. Retail Spending Held Flat in April
Retail sales were unchanged in April as shoppers pulled back on goods purchases while increasing spending on services.The moderation in spending came as the recovery continued to build strength, though with signs of unevenness.
U.S. Oil-Rig Count Rises by 8 in Latest Week, Baker Hughes Says
The number of rigs drilling for oil in the U.S. rose by eight in the latest week to 352, according to oil-field services company Baker Hughes.
Commodities Boost Economic Recoveries, Mirroring Aftermath of Financial Crisis
Higher commodity prices are delivering economic windfalls to countries that supply metals vital to the global recovery from the pandemic, though the boom could still mask problems.
Marijuana Research Growers Receive U.S. Approval
The Drug Enforcement Administration licensed companies to cultivate cannabis for medical study, ending an effective freeze under the Trump administration.
(END) Dow Jones Newswires
05-16-21 2115ET
