Dow Industrials Surge on Strong Earnings from Caterpillar, 3M
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Robust corporate earnings helped lift the Dow Jones Industrial Average. The blue-chip index gained 0.8%.
China Boosts Powers of Xi Jinping as Equal to Mao
China's Communist Party granted President Xi Jinping authority on a par with Chairman Mao, revising its constitution to inscribe a political theory bearing Mr. Xi's name and endorse policies to make the nation a world power.
ECB Must Strike Right Balance in Scaling Back Bond Purchases
European Central Bank President Mario Draghi overcame fierce resistance three years ago to roll out a historic bond-buying program. Ending it could be an even more delicate task.
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Wealthier Depositors Pressure Banks to Pay Up
Large U.S. banks are starting to pay up to keep depositors from moving their money, the latest sign that customers are growing more demanding as the economic recovery takes hold.
Eurozone Economy Appears to Slow, PMI Survey Suggests
The eurozone economy appears to have slowed slightly as it entered the final quarter of what has been a strong year, a key survey suggests, but that is unlikely to deter the ECB from announcing a reduction in its bond purchases.
Clearinghouses Push Back Against Worries Over Their Size
Swaps clearinghouses are pushing back against the suggestion by a top Trump administration official that they have become too big and pose a market risk, saying regulatory and internal "stress tests" prove there is no cause for alarm.
What Happens When the ECB Steps Back From Corporate Bonds?
The European Central Bank has changed the face of the euro corporate-debt market but with corporate bonds trading at pre-crisis levels and the ECB expected to trim asset purchase some investors are uneasy about the market's long-term trajectory.
Oil Gains on Signs of Possible Supply Disruption
Oil prices, helped by expectations for lower supply amid geopolitical risks and steady declines in U.S. inventories.
As 'New Era' Dawns, Xi's Party Stays Out of the Sun
In China, Communist Party secrecy is accepted as a fact of life. As Beijing's influence grows under Xi Jinping, the rest of the world will have a harder time with this arrangement.
Richmond Fed Says Wage Index Reaches 17-Year High
The Federal Reserve Bank of Richmond said Tuesday that manufacturing activity at factories across the central Atlantic states continued to grow in October, as wages grew but the shipments index fell.
(END) Dow Jones Newswires
October 24, 2017 13:15 ET (17:15 GMT)