Investors appear to be repositioning for a slower pace of rate hikes by Fed chair Jerome Powell the rest of this year.

Confidence in US rate path hit

The latest bout of market turmoil is denting investor confidence in how aggressively the Federal Reserve will tighten policy this year.

Pope Francis delivering a speech in St. Peter's Square, at the Vatican, earlier this month.

Pope goes off on CDS market

In a sweeping critique of global finance released by the Vatican on Thursday, the Holy See singled out derivatives including credit-default swaps for particular scorn.

Monthly settlements for futures on the VIX have become ground zero for allegations traders are pushing the index around ...

VIX swing draws a shrug

The sudden drop in the price of the VIX occurred simultaneously with a jump in S&P; 500 futures - the normal state of affairs between the two markets.

Boring is the new black

For emerging-market and European equity investors unable to stomach tumultuous high fliers, sticking with the least-sexy stocks is paying of...