China Caixin Manufacturing PMI Drops to 16-Month Low

A private gauge of China's manufacturing activity in July fell to a post-Covid-19 low as heavy floods, a resurgence in Covid cases and power shortages in some cities weighed on output and new orders.

Senators Push to Wrap Up Bipartisan Infrastructure Bill This Week

The $1 trillion measure's fate in the House will be tied to that of a much larger package of Democratic climate and anti-poverty priorities that Republicans oppose.

U.S. Stocks Slide After Strong Month of Gains

U.S. stocks edged lower, although major indexes held on to their gains for the month.

Economy Week Ahead: Factories, Trade, Employment

The U.S. employment report for July is the focus of this week's economic indicators.

Heavyweight Companies Enjoy Outsize Rewards as Economy Rebounds

Corporate titans raced ahead during the pandemic, and they are extending that lead over smaller rivals as the rich world bounces back.

Investors Bet Price Pressures Will Ease

Inflation has vexed money managers this year, yet markets are starting to signal that investors may be growing less fearful of price trends.

Reduction in Fed's Asset Purchases Might Not Spark 'Taper Tantrum'

Research suggests the pace of asset purchases matters less than the ultimate size of Fed's bond portfolio.

Fauci Warns on Covid-19 That 'Things Are Going to Get Worse'

The Biden administration's chief medical adviser points to the more contagious Delta variant and a surge of new cases.

Fed's Brainard Says Labor Market Hasn't Satisfied Goals for Reducing Bond Purchases

Fed governor Lael Brainard says the labor market is, however, on track to reach a key threshold around the end of the year.