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Carlyle Group's Profit Jumps

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Carlyle Group on Wednesday said its second-quarter profit rose 55%, as it continued to sell stakes in the companies it owns. But it saw a decline in another key profitability measure.

As China's Stock Market Boils, Yuan Will Stay Cool

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A weaker yuan may make economic sense, but Beijing can hardly afford a bout of currency weakness on top of everything else.

Smaller Chinese Cities Miss Housing Recovery

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Housing markets in some big Chinese cities are starting to heat up, but smaller markets like Changchun in northeastern China show few signs of thawing.

Wanted in China: Public Face to Calm Turbulent Markets

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Wanted in China: a reassuring face to tell panicking investors that everything will be all right.

Rent-to-Own Homes Make a Comeback

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Wall Street firms have found a new way to profit from consumers with blemished credit who can’t qualify for a mortgage: let them rent a home first with the option to buy it later.

Twitter Must Lead, Not Follow, on User Growth

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Twitter recognizes it has a growth problem but it will be hard to fix.

Rental Demand Supplies Home-Building Opportunity

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A tight market is pushing rents higher, but new supply is on the way.

Pfizer's Dollar Dilemma Adds Pressure for Deal Making

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Pfizer’s strong results were undermined by currency effects—which also raise pressure to do a deal.

Some Investors Bet on Puerto Rico Hotels

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Puerto Rico’s worsening debt crisis has whet the appetite of a small but devoted group of distressed investors, including hedge-fund manager John Paulson, who are buying hotel properties.

Don't Check Out of Marriott

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Ahead of the Tape: Like surging Airbnb, Marriott International has an enviable asset-light approach to lodging.

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