An Arkansas public pension plan sued Allianz Global Investors and its corporate parent, alleging the money manager violated its fiduciary duties and abandoned risk controls when it sought to reverse February losses by doubling down on a series of money-losing trades. Read More WSJ.com: Markets...

When analyzing the eurozone’s dysfunctional economic integration, investors often swing from fearing messy collapses to hoping for watershed fixes. They may need to learn to be stuck permanently in the middle. Read More WSJ.com: Markets...