Altice's Big U.S. Cable Ambitions Begin With Austerity

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Altice’s strategy of drastically reducing costs as it expands globally will soon face its biggest test yet as the European telecom company digests the $10 billion acquisition of New York cable operator Cablevision Systems.

IKEA to Recall 29 Million Dressers, Chests in U.S.

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IKEA has agreed to recall 29 million chests and dressers in the U.S. following a raft of injuries and the deaths of six toddlers caused by the furniture tipping over.

Why China's Bad Debts Won't Wash Away Easily

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A plan to raise a fresh $1 billion in equity for China Huarong, one of China’s giant “bad banks,” is yet one more acknowledgment that the country’s debt situation can’t be easily resolved.

Fed Announces 2017 FOMC Meeting Schedule

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The Federal Reserve will meet for its 2017 policy meetings in January, March, May, June, July, September, October, and December, according to a tentative schedule.

U.S. Consumer Confidence Improves in June

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A gauge of U.S. consumer confidence climbed in June, suggesting that households were little concerned about a labor-market slowdown and some uncertainty about the economic outlook.

Online Shopping Forces Retailers to Rethink Inventory Strategy

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Retailers are trying to figure out ways to profitably serve online shoppers while making their network of stores less of a financial burden. Home Depot, for example, is targeting sales growth of nearly 15% by 2018, but wants to keep inventory levels flat or slightly down.

Brexit, Brazil and Oil Don't Add Up to Disaster For Santander

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The Spanish bank is exposed to a litany of pitfalls, but its share price fall looks overdone.

U.S. Home Prices Continued Strong Growth in April

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Home prices continued rising at a steady clip in April, a reassuring signal of strength in the U.S. economy amid global uncertainty.

Brexit: Deflationary Now, Inflationary Later

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Central banks’ efforts to revive economic growth and inflation suffered another blow with Britain’s vote to leave the European Union. The vote has unleashed anxiety and uncertainty that will dampen investment, hiring, wages and prices. In the long run, though, Brexit could prove inflationary, Greg Ip writes.

Dining Out Falls Victim to Economy

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Restaurant visit growth has completely stalled in the last three months, signaling that consumers, jittery over economic uncertainties, are retrenching.

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