Fed Beige Book: Economic Activity 'Continued Expanding'

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A tightening labor market pushed up workers’ wages in pockets of the U.S. this summer, the Federal Reserve said Wednesday, but slowing growth in Asia threatened to hit American factories.

For Russia, Oil Collapse Has Soviet Echoes

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For most countries, the economic slowdown in China and the accompanying slump in commodity prices represent something between nuisance and pothole. For Russia, they are a catastrophe, writes Greg Ip.

Huawei Chips Away at Samsung

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For years, Samsung Electronics has been the world’s smartphone leader, but its global dominance appears to be increasingly under attack from fast-growing Chinese rival Huawei Technologies.

Giant U.S. Pension Fund to Propose Shift Away From Stocks, Bonds

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The California State Teachers’ Retirement System, the nation’s second-largest pension fund, is considering a significant shift away from some stocks and bonds amid turbulent markets world-wide.

Sony Unveils Xperia Z5 Smartphone

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Sony has introduced a flagship smartphone that highlights improved camera functions to help feed the global self-photography craze and has the world’s first 4K ultra high-definition display to showcase its motion picture technology

Tesco Nears $7 Billion Korea Deal

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Retailer Tesco has chosen Asian private-equity firm MBK Partners as the preferred bidder to buy its South Korea retail operations, in a deal that could be worth up to $7 billion.

Investors Betting on More ECB Stimulus

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Six months after the European Central Bank launched its blockbuster bond-buying program to rouse the region’s economy, some investors are betting that authorities will crank stimulus efforts even higher.

The Moment When Humans Matter

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A string of messy market openings in recent weeks has reinvigorated a debate about ‘Rule 48’ and the relative effectiveness of humans in the stock trade.

Lawyer in Visa-MasterCard Antitrust Pact Got Information From Rival

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Keila Ravelo, a lawyer who is at the center of a controversy surrounding a record-setting $6 billion antitrust settlement, acknowledged that she received confidential information from a rival lawyer to advise her client.

Oil Prices Turn Lower on Supply Data

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Oil prices turned lower on Wednesday after government data showed an unexpectedly large addition to U.S. crude stockpiles.

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