U.S. Consumer Spending Rose in July

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Consumer spending rose for the fourth straight month in July, a sign domestic consumption could continue to drive U.S. economic growth over the second half of the year.

Yellen Says Fed Could Expand Its Use of Bond Purchases

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The central bank’s main tool for fighting the next recession could be bond-purchase programs, Federal Reserve Chairwoman Janet Yellen said.

Construction Unions Stymie Low-Income Housing Plans in California, New York

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Legislative efforts in two of the country’s most populous states to boost urban housing construction are facing a common barrier: resistance from construction unions.

Why the Math Doesn't Work for Today's Market

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With interest rates low and stock valuations distorted, how much cash companies give back to investors is more crucial than ever.

The Price of the Calm After the Storm

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Markets are calm this August. Policy makers have ensured that, but distortions are rife.

China's Private Investment Crash May Be Mirage, but Pain Is Still Real

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China’s drop in private investment may look worse than it is because of the distorting effects of last year’s stock market bailout.

Vivendi: Why Empire Building Is No Strategy

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French media group Vivendi is benefiting from the growth of music streaming, but investments in struggling Italian companies are puzzling.

U.S. Jobs, EU Sentiment, China Manufacturing

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This week, the U.S. monthly jobs report will accompany data on personal consumption and inflation, while readings in Europe on unemployment and business sentiment could reflect the impact of the U.K.’s vote to leave the EU.

Yellen Cries Wolf

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The Fed chairwoman tries to convince the market that a rate rise is coming, but investors aren’t listening.

Why Craft Brewing Slowdown Won't Benefit Big Beer

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The upscale drift of beverage markets in the developed world cuts the wrong way for big U.S. brewers.

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