Global Stocks Edge Lower Ahead of Fed
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Declines in materials shares and disappointing earnings news sent global stocks lower ahead of an update from the Federal Reserve.
Oil Forecast to Fall Sharply if OPEC Doesn't Extend Production Cuts
The price of oil is susceptible to a swift selloff should OPEC and other major producers not agree to an extension of crude production cuts this month.
The China Debt Crisis Is Still Ripening
A regulatory crackdown and rising bond yields are making headlines again in China. But widespread problems aren't likely until corporate revenue growth starts weakening again as well.
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Trump's Expected OCC Pick Signals Shift at Regulator
President Donald Trump's expected move to replace the Comptroller of the Currency signals a change in direction at the bank regulator that could ripple from private-equity buyouts to financial technology-and beyond.
Saudi Prince Defends Renewal of State Perks
Saudi Arabia's powerful deputy crown prince defended a decision to reverse a contentious government austerity program by reinstating perks for state employees, but cautioned more belt-tightening could follow if oil prices dropped.
Analysis: Hot Housing Markets May Call for More Fed Action
Hot housing markets in key U.S. metro areas are raising the risk the U.S. central bank may have to lift interest rates more than most now expect, Deutsche Bank economist Torsten Slok says in a new report.
Fed Rate Rise Unlikely Wednesday, but Possible June Move in Focus
Next to no one expects Federal Reserve officials to raise short-term interest rates at the conclusion of their two-day policy meeting Wednesday, but the central bank could send signals about where borrowing costs are headed in the months ahead.
Jay Clayton Confirmed as SEC Chairman
The Senate approved President Donald Trump's choice to lead the Securities and Exchange Commission, elevating a Wall Street lawyer who hopes to turn around the decline in the number of public companies.
Wilbur Ross Sets Deadline in U.S.-Mexico Sugar Dispute
U.S. Commerce Secretary Wilbur Ross is threatening to reinstate duties on Mexican sugar on June 5, after talks between the U.S. and Mexican sugar industries stalled.
U.K. Clearing Industry Headed for EU Carve-Up Amid Brexit
The European Union is gearing up to grab a piece of London's multitrillion-dollar clearing industry as the U.K. exits the bloc.
(END) Dow Jones Newswires
May 03, 2017 05:15 ET (09:15 GMT)