Apollo’s Slok Says Fed Risks Overlooking Diesel-Price Danger

Apollo Global Management Inc.’s Torsten Slok warned that record diesel prices pose a greater inflation threat than the Federal Reserve may appreciate because those fuel costs flow into the core consumer price index. The breadth of diesel-related transportation...

India Lets Wealth-Focused Funds With $463 Billion Invest Abroad

India’s market regulator will allow a $463 billion segment of its portfolio management industry catering to wealthy individuals to invest in overseas securities and short equity options for the first time, as part of a sweeping overhaul of the rules. The Securities...

PepsiCo to Raise Some Prices After Cuts Failed to Grow Sales

PepsiCo Inc. is raising prices on some chips, soda and dips just months after pledging to make its snacks more affordable. The company is expected to increase the prices on grocery-store-sized bags of chips, including Doritos and Ruffles, which had been cut earlier...