U.S. Stock Futures Wobble After Turbulent Session

S&P 500 futures signaled a tepid rebound as investors weigh the prospect of renewed restrictions due to rising coronavirus infections damping the economic recovery. 


 
Italian Bonds Rally on Election Results

Italian bonds rallied after the nation's latest election results soothed investors' worries about its historically volatile politics and their impact on the eurozone. 


 
Insurance Freeze Snarls U.S. Supply Chains

An obscure part of the insurance industry that helps commodities flow smoothly around the world is seizing up, presenting another obstacle to the U.S. economy's fitful recovery. 


 
Oil Market Flies Blind as Covid-19 Clouds Demand Outlook

Predicting oil demand has rarely been more challenging, buffeting prices and muddying the outlook for traders, investors and energy producers. 


 
U.S. Coronavirus Death Toll Nears 200,000

The U.S. death toll hovered just below 200,000, as some guidelines and practices for stopping the disease's spread have been called into question. 


 
China's Attack on 'Unreliable Entities' Is a Double-Edged Sword for Beijing

China has been slow to retaliate against U.S. commercial restrictions this year, an illustration of the fact that the options available to it aren't great. 


 
Sweden's Riksbank Still Sees Repo Rate Stuck at Zero in Coming Years

The central bank held its key interest rate at zero and backed its earlier guidance that the rate will likely remain unchanged at least until late 2023. 


 
German Economic Slump Milder Than Forecast

The German economy will shrink by 5.2% this year, according to Ifo, less than its forecast in the summer of a 6.7% contraction. 


 
Laid-Off Workers Cut Spending as Extra Unemployment Benefits Run Out

President Trump's action last month put in place an extra $300 in benefits a week, but those benefits will last only six weeks. Congress, meanwhile, has yet to reach an agreement on a new federal jobless benefit. 


 
Powell Says Swift Government Action Averted Deeper Economic Downturn

Federal Reserve Chairman Jerome Powell said the economic response to the coronavirus alleviated the fallout from the pandemic-induced recession but suggested Congress would likely need to spend more money to shore up parts of the economy.