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Wall Street Journal – Market News

• Stock Futures Slip as Growth Worries Linger
  U.S. stock futures edged down on worries about the world economy, while the U.K. government’s tax-cutting plans sent the British currency and bond markets into disarray.
• Banks Could Get Nudged Out of Leveraged Lending
  The trouble with a recent deal for buyout debt could be an even bigger worry if more of that type of lending shifts away from banks.
• Marsh & McLennan Names New CEO
  The insurance broker and benefits firm’s chief operating officer will succeed Daniel Glaser, who is retiring as CEO at the end of the year.
• Four Ways to Save Money on Car Insurance as Rates Rise
  The cost of insuring a car jumped 8.3% in the past year and is projected to rise as much as 10% more in 2023, analysts say.
• Recession Fears Save Pharma From Pricing Concerns
  Drug companies are facing patent expirations and price pressure, but investors won’t make them pay for those problems just yet.