Two Italian, populist, eurosceptic parties have reached an agreement to form a government of the eurozone’s third largest economy, setting up the single currency bloc for a possible new crisis.
Global benchmark Brent crude-oil and U.S. benchmark West Texas Intermediate took different paths on Tuesday, widening the price spread to more than $7 a barrel for the first time since mid-2015.
While money managers from Goldman Sachs Group Inc. to UBS Wealth Management still tout investing opportunities in emerging markets, the asset class has one notable critic: Harvard professor Carmen Reinhart.