The Wall Street Journal - Markets Why the Auto Industry Is Betting Big on an Uncertain Future 2017-09-21T16:25:13.000000000-04:00 Johnson Matthey is investing heavily in battery parts despite an extremely wide range of predictions for the future of electric cars. Americans Are Richer; Why Are They Still Cautious? 2017-09-21T15:47:43.000000000-04:00 U.S. household net worth reached a record $96.2 trillion in the second quarter, the Fed reported, but, if households are feeling flush, they aren’t acting like it. Why It's So Hard for Europe's Big Banks to Do Big Deals 2017-09-21T10:37:15.000000000-04:00 Everyone wants bank deals in Europe—the problem is finding one acceptable to investors, executives, regulators and politicians. Commerzbank is a case in point. Fed Paves the Way for the ECB to Follow 2017-09-21T10:36:09.000000000-04:00 The Federal Reserve’s persistence in signaling rising interest rates may help the European Central Bank by tempering the euro’s strength. What China's Downgrade Signals to Investors 2017-09-21T10:28:59.000000000-04:00 A global rating agency has once again downgraded China, and there is little new information for investors to digest. It may however be worth reading between the lines. What Google Wants With HTC's Smartphone Business 2017-09-21T05:05:23.000000000-04:00 Google’s $1.1 billion deal with HTC carries risks, but the internet giant needs more scale if it is to maintain its influence in the smartphone business. Murky World of Drug Rebates Gets Airing in Lawsuit 2017-09-20T23:44:59.000000000-04:00 The closely guarded world of drug pricing is getting a public airing in a feud between two of the industry’s biggest companies. The attention drawn to rebates could hurt the profits of some very successful drugs. How the Fed's Unwind Will Ripple Through Banks 2017-09-20T22:40:31.000000000-04:00 The gradual wind down of the Federal Reserve’s balance sheet will have far-reaching effects throughout the banking system. For the most part, major banks stand to benefit. Adobe's Cloud Hits First Headwind 2017-09-20T12:34:21.000000000-04:00 Larger deals have been taking longer to close, but software maker’s cloud transition still packs a lot of growth ahead. Call It 'Fintech' and Watch the Valuation Soar 2017-09-20T11:47:10.000000000-04:00 China’s ZhongAn insurance company wants to be seen as tech play, rather than a boring old insurer.