Luxury Brands Struggle to Steer Iranians Away From Knockoffs

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Iranians love high fashion, but luxury companies planning to tap Persian appetite for designer clothes and bags are facing stiff competition from their very own brands—albeit fake ones.

Global Uncertainty Gets Brushed Off in the U.S. and Europe

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Consumers and businesses in the U.S. and Europe appear undaunted by the prospect of profound political change on both sides of the Atlantic and may even be encouraged by it.

Trump on Trade: Peace Through Strength

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While Donald Trump’s inaugural address echoed the same nationalist themes that carried him to victory in November, he and his advisers have emanated a subtler message in other forums, writes Greg Ip.

Alibaba Needs Great Results, Not Just Good Ones

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Chinese e-commerce giant Alibaba has a high bar to clear when it releases its quarterly report on Tuesday.

Economic Tests Await Trump

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President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises.

American Express Feeling the Heat From Competition

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The writing is on the wall for American Express, but investors can’t see it. Like a lifelong Platinum-card holder oblivious to the better options now available, the company’s investors are oddly unconcerned about worsening competition.

Washington Uncertainty May Give GE an Unhealthy Glow

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Add General Electric to the list of businesses concerned about the risks from health policy uncertainty. Chief Executive Jeffrey Immelt noted on the fourth-quarter earnings conference call that the U.S health-care business faces some risks as a result.

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.

Mnuchin Defends Investments, Qualifications in Senate Hearing

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Donald Trump’s pick for Treasury secretary, Steven Mnuchin, brushed aside criticism from Democrats over his qualifications and investment holdings and sought to reassure lawmakers on a range of issues.

Commerce Nominee Offers Preview of Trade Policy

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Wilbur Ross, President-elect Donald Trump’s pick for commerce secretary, provided the deepest view yet of the incoming administration’s likely direction on trade in testimony before the committee considering his nomination.

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