Janet Yellen Sticks to Steady Outlook on Rates

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Federal Reserve Chairwoman Janet Yellen said she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously in the months ahead.

Schlumberger Posts Another Loss

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Schlumberger posted a loss in its latest quarter on lower revenue, but the company said energy prices and production were both poised to increase.

Procter & Gamble's Earnings Jump

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Procter & Gamble said sales in its latest quarter fell slightly from a year ago, offering the first glimpse at the consumer-products giant’s operations since it shed the bulk of its beauty business. Net income rose to $7.88 billion.

Trump at the Wheel Is One More U.S. Worry for Japan's Car Makers

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As U.S. car sales roar to record highs for the second consecutive year, the Japanese makers are riding the wave—but the market looks headed for weakness.

China's Economy in 2016 Was a Stimulating Story, But 2017 Looks Stormy

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China’s leaders envision a pivot away from stimulus, but that could unravel if tensions with Trump escalate.

Banks Face Brexit Squeeze as Consumers Max Out on Debt

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Confident consumers are borrowing to spend, but pressures are building.

GE Revenue Slips, Dragged Down by Oil Woes

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General Electric said revenue declined 2% in the latest quarter as the industrial giant’s energy business remained pressured. The revenue drop was more than expected.

Apparel Industry Enters No-Man's Land Under Trump

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Apparel retailers could be among the hardest hit by tax proposals being weighed by the Trump administration.

McDonald's Turns Up Heat in Russia

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McDonald’s is advancing into new territories such as Siberia and encountering familiar rivals such as KFC and Burger King, which built scores of restaurants in the past few years.

U.S. Oil Producers Ramp Up Spending

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U.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells.

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