Economy

'Indexation' increases costs of everything from electricity to healthcare, and contributes to Brazil's status as having the highest inflation persistence of any emerging market.

'Indexation' increases costs of everything from electricity to healthcare, and contributes to Brazil's status as having the highest inflation persistence of any emerging market.

Failure of Third Avenue high-yield bond fund brings mutual funds, ETFs, and hedge funds under close watch in 2016.

Failure of Third Avenue high-yield bond fund brings mutual funds, ETFs, and hedge funds under close watch in 2016.

As central banks back off from efforts to stem market losses, analysts suggest 2016 "will not be a tranquil year."

As central banks back off from efforts to stem market losses, analysts suggest 2016 "will not be a tranquil year."

Next interest rate increase isn't expected until March, which gives policy makers time to evaluate the impact of turmoil in global markets.

Next interest rate increase isn't expected until March, which gives policy makers time to evaluate the impact of turmoil in global markets.