The Federal Reserve is set to lower its target for the federal funds rate by another 25 basis points while leaving the door open for further reductions. When does this cycle end? When the Fed either stabilizes the economy with something on the order of 75 basis points of rate cuts or the economy slips into recession and rates head ...

Any financing that’s secured by collateral — steel mills, textile factories, power plants, roads or land — is in trouble in India. A multiyear investment slowdown has decimated credit quality. Now, the problem is spreading. The near-recession in the consumer economy means unsecured lending could be the next domino to fall. With business collateral losing its sheen, India’s top three ...

With Samsung Electronics Co. finally launching its troubled Galaxy Fold, success for the $1,980 luxury handset may be measured not in how many it ships, but how many competitors decide to develop their own. Pre-release enthusiasm for the device turned to exasperation in April when review units were found to have a severe defect related to the folding screen design. ...