Economy Week Ahead: Central Banks, Home Sales, Purchasing Managers

The Fed's policy statement and Chairman Jerome Powell's press conference on Wednesday highlight this week's slate of economic news. 


 
Stocks Finish Lackluster Week With a Down Day

U.S. stocks fell and bond yields rose as new data on consumer sentiment was slightly below expectations, raising fresh questions about the pace of economic growth and the inflation outlook. 


 
Democrats Press Ahead With Debt-Limit Vote Amid Standoff With GOP

The partisan fight is expected to ratchet up this week, with Democrats moving ahead with a vote in the face of strident GOP opposition. 


 
Junk-Debt Sales Soar Toward Record Year

The $3 trillion market for low-rated companies' debt is having its best year ever, powered by a rebounding economy and investors' demand for any extra yield. 


 
Vaccinations Boost the Global Economy, but May Not Cure It Alone

The Delta variant's spread shows how Covid-19 can continue to slow economic growth even as governments push to get more people vaccinated. 


 
Natural-Gas Prices Surge, and Winter Is Still Months Away

The jump in prices is prompting worries about winter shortages and forecasts for the most expensive fuel since frackers flooded the market. 


 
FDA Advisory Panel Votes Against Recommending Booster Shots Widely

An advisory panel endorsed Covid-19 boosters for people age 65-plus or at high risk but said there wasn't enough data to justify giving it to the general population. 


 
U.S. Consumer Sentiment Stalled in Early September

Sentiment among U.S. consumers remained broadly unchanged in early September, staying at subdued levels after August's big drop triggered by the increase in Covid-19 cases. 


 
Democrats Seek Backup Plan on Taxing Capital Gains

Opposition from some Democrats to a White House plan to tax unrealized capital gains at death has pushed the party to look for alternative methods of collecting additional taxes from wealthy Americans' appreciating assets. 


 
U.S. Oil-Rig Count Rises by 10 in Latest Week, Baker Hughes Says

The number of rigs drilling for oil in the U.S. climbed by 10 in the latest week to 411, according to oil-field services company Baker Hughes.

(END) Dow Jones Newswires

09-19-21 2115ET