Wall Street Journal – Market News

• Inflation Steps Back on the Gas
  In theory, the Fed shouldn’t worry about rising fuel costs—but they are difficult to ignore.
• EVs Will Hit Detroit Harder Than a UAW Raise
  While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge losses.
• SEC's WhatsApp Fines Spread Further on Wall Street
  Ten more financial firms agree to $99 million in penalties to resolve investigations over employees’ use of banned messaging apps.
• Pension Funds Go Cold on Private Equity
  Long-term commitments look less appealing with bond yields up sharply.
• Bonds Track Toward Another Year of Dismal Returns
  Wall Street’s hopes for a rebound in bond prices are being dashed by a resilient economy.