Pandemic Continues to Weigh on U.S. Consumer Prices

U.S. consumer prices continued to slip in May after a sharp drop in April, while the cost of groceries went up again with people staying at home during the coronavirus pandemic. 


 
U.S. Stocks Edge Lower Ahead of Fed's Economic Projections

Investors will parse new forecasts from the Fed and absorb any guidance from Chairman Jerome Powell about the central bank's longer-term intentions on interest rates. 


 
Fed Debates How to Set Policy for the Post-Pandemic Economy

Federal Reserve officials could take preliminary steps to explain how they will provide more support to the economy now that interest rates are pinned near zero. 


 
Italy Looks to Draw Mom-and-Pop Investors to Bond Market

Italy's debt-laden government plans to tap mom-and-pop investors with a new bond whose payout will be partially linked to the country's economic growth. 


 
U.S. Oil Inventories Rise to Record High

U.S. inventories of crude oil rose to a record high, while stockpiles of gasoline and other fuels also increased, according to data released Wednesday by the Energy Information Administration. 


 
Investing Giants Gave Away Voting Power Ahead of Shareholder Fight

GameStop shareholders vote this week to resolve a fight over the embattled videogame retailer's board. But the company's largest investors won't cast much of a vote. 


 
A Rising China's Underclass Is Suddenly Thrust Into the Light

Jobs, instead of growth, will be the focus of China's post-Covid-19 economy. The plight of the country's millions of low-income workers is highlighting the gaps in China's social safety net-and creating political fissures as well. 


 
Stock Pickers Underperformed During Market Turmoil

Most U.S. large-cap stock-picking funds lagged behind the benchmark S&P 500 in the early months of 2020, losing out on opportunities. 


 
Rice Prices Spike to Highest Level Since 2011

Rice futures spiked to their highest level in nearly nine years after the global pandemic boosted shoppers' demand for the grain. 


 
What We Talk About When We Talk About CLOs

When collateralized loan obligations enter the public discussion, it's usually in the context of credit risk. Perhaps the current focus should be on the supply of credit.