How India Listing Should Lift Prudential and its Peers

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The valuation put on an Indian life insurer shows that western investors may be missing something.

U.S. Jobless Claims Rise

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The number of Americans applying for first-time unemployment benefits edged up last week but remained at a low level consistent with a generally healthy labor market.

Pending Home Sales Fall in August

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The number of homes in the U.S. that went under contract fell in August to the lowest level since January, the latest sign the housing market lost momentum in recent months.

China's Streaming Craze Launches a Billion Shooting Stars

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The owner of streaming app Inke is China’s newest unicorn thanks to a 19-fold increase in value in eight months.

Fed's Yellen Says 'No Fixed Timetable' on U.S. Rate Increase

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Federal Reserve Chairwoman Janet Yellen told U.S. lawmakers on Wednesday that there is “no fixed timetable” for raising interest rates as the economy continues its recovery.

Lawmaker Grills Yellen Over Brainard's Donations to Clinton

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Federal Reserve Chairwoman Janet Yellen faced intense questioning from a Republican lawmaker over Fed governor Lael Brainard’s contributions to Hillary Clinton’s presidential campaign.

A Growth-Friendly Climate Change Proposal

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Polarized politics have made it difficult to reconcile climate change and economic growth, but voters in Washington state are considering a revenue-neutral carbon tax proposal that does just that, Greg Ip writes.

Fewer Defaulting On Loans After Leaving College

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The share of borrowers defaulting on student loans within three years of leaving college has fallen modestly, though the number remains exceptionally high despite low unemployment.

World Trade Set for Slowest Yearly Growth Since Global Financial Crisis

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World trade will this year grow at the slowest pace since the global financial crisis, a development that should serve as a “wake-up call” as anti-globalization sentiment builds, the World Trade Organization warned.

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