Powell Sees 'Difficult Trade-Off' for Fed if Inflation Doesn't Ease

The Federal Reserve chairman said the central bank still expects a recent spell of high prices to reverse but said it was difficult to pinpoint when that might happen. 


 
Stocks Fall, but S&P Ekes Out a Quarterly Gain

U.S. stocks slid Thursday, ending the volatile month of September with another day of losses. 


 
Pelosi Says House Heading Toward Infrastructure Bill Vote Thursday

A crucial piece of President Biden's domestic agenda hung in the balance, as Democratic leaders moved toward a planned House vote on a $1 trillion infrastructure bill. 


 
Bill Averting Government Shutdown Signed Into Law

President Biden signed a bill Thursday evening extending government funding through Dec. 3, averting a partial shutdown hours before current funding expires at midnight. 


 
Japanese Manufacturers' Sentiment Highest in Nearly Three Years

Sentiment among Japan's large manufacturers improved to the highest level in nearly three years in the three months to September, helped by the global economic recovery. 


 
Some of Private Equity's Biggest Players Create ESG Standards

A group that includes Carlyle, Blackstone and EQT is working to standardize how the industry tracks progress on environmental and social goals. 


 
Bank of Mexico Raises Interest Rates on Higher Inflation Outlook

The Bank of Mexico raised interest rates for a third consecutive meeting amid persistently above-target inflation and rising inflation expectations. 


 
Bitcoin Stalls as U.S., China Go After Cryptocurrencies

Regulatory pressure during the latest quarter choked off attempts by traders to lift the digital currency out of its steep spring selloff. 


 
Global Gas Shortage Stings U.K., Showing Shortcomings in Its Energy Transition

A lack of natural-gas storage facilities in the U.K., where capacity has been allowed to dwindle in recent years, has raised concerns that energy supplies won't hold up if there is a cold winter. 


 
Car Companies Brace for Extended Chip Shortage

Once viewed as a short-term crisis for the auto industry, the global computer-chip shortage could take years to fully overcome amid fresh bottlenecks in Asia and the challenge of boosting output of the sector's more-basic chips.

(END) Dow Jones Newswires

09-30-21 2115ET