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.

Stock Market Investors Should Watch the Credit Canary

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Heard on the Street: The corporate bond market could give vital clues to equities investors about the outlook for growth and inflation.

'Alternative' Mutual Funds Providing Limited Protection

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As the U.S. stock market tumbled in the past three months, so-called alternative mutual funds didn’t provide a lot of shelter.

CEO of Ashley Madison Parent Steps Down

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Avid Life Media, parent company of infidelity website Ashley Madison, said Chief Executive Noel Biderman left the company by mutual agreement.

Fund Reaps Windfall Investing in ETF 'Minefield'

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A small mutual fund has returned 42% so far this year with an investment strategy involving exchange-traded funds that have been criticized in past years as a “minefield” for individual investors.

'Craft' Bourbon Is in the Eye of the Distiller

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“Craft” distilleries have mushroomed in the U.S. to 588 from 51 in the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

FDA: Some Diabetes Drugs Can Cause Joint Pain

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The U.S. Food and Drug Administration said in a safety alert that some widely used treatments for Type 2 diabetes can cause severe and disabling joint pain, raising new concerns for a big-selling class of drugs.

Mylan's Holders Approve Perrigo Purchase

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Mylan NV shareholders voted Friday in favor of the company’s $35.6 billion bid for Perrigo Co., handing the generic-drug maker ammunition for an attempted hostile takeover of its rival.

China's Big-Dollar Borrowers Hold Off on Hedging Foreign-Currency Debt

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Chinese real-estate firms, among the country’s heaviest dollar borrowers, aren’t rushing to hedge their foreign-currency liabilities even as the surprise devaluation of the yuan adds to their debt load.

Judge Rules for Thornburg Mortgage in Suit Against RBC

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A federal judge found that Royal Bank of Canada shortchanged the failed mortgage lender when it seized and subsequently sold some of its assets.

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