Fed's Fischer: 'Good Reason' to Think U.S. Inflation Will Move Higher

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The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting.

Tesla Wants Obama Administration to Press China

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Tesla Motors wants the Obama administration to talk to Xi Jinping about making it easier for auto makers to do business in China during the Chinese president’s visit to the U.S.

Stock Swings Don't Shake Investors

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Stock indexes’ wild week rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money.

European Refiners' Profit Revival Faces End

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Europe’s biggest energy companies have enjoyed a revival of refinery profits, but that run may be winding down even as oil prices slump.

A 'Black Swan' Fund Made $1 Billion This Week

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Universa Hedge Fund, a well-known ‘black swan’ fund, made more than $1 billion in profits in one week amid volatility.

Fed Officials on the Fence for September Move

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Federal Reserve officials made clear this week they haven’t decided whether to raise interest rates next month, and the call has become more challenging amid the recent global market turmoil.

Rebekah Brooks to Return to News Corp

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Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

China's Tesla Could Lose Power

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Heard on the Street: Hybrid cars helped electrify sales at BYD, but that is riskily dependent on Chinese government support.

Freeport Pays Its Dues As Icahn Arrives

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Heard on the Street: Carl Icahn has taken a stake in Freeport-McMoRan, the copper miner which recently has been a hive of activity in terms of cutting costs and addressing concerns about its balance sheet.

The Real Reason the Fed Should Go Slow

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Heard on the Street: While the Federal Reserve may raise rates in September, persistently low inflation would stay its hand from future increases.

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