U.S. Oil Firms Crank Up Output in Gulf of Mexico

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Oil companies are pumping more crude off the U.S. coast in the Gulf of Mexico, a surprising trend that shows the resilience of the nation’s energy industry.

U.S. Businesses Continue Pullback on New-Equipment Purchases

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American businesses were pulling back on purchases of new equipment even before the U.K. vote to exit the European Union rocked global financial markets, a sign of corporate caution that will likely continue to act as a brake on the economy.

U.S. Consumers Less Optimistic in June

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U.S. consumers grew less optimistic in June—with the University of Michigan consumer sentiment index falling to 93.5 from May’s 94.7— suggesting spending could slow in the next year.

Qualcomm Sues Alibaba-Backed Smartphone Maker

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Qualcomm is suing Meizu Technology, a Chinese smartphone maker backed by Alibaba Group Holding, in the latest patent-infringement case involving technology companies.

Brexit: A Seismic Slap in the Face of Markets

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Markets got Brexit dead wrong. Now comes the fallout.

Why 'Brexit' Is No Lehman

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Massive market dislocations such as the immediate aftermath of the shock Brexit vote on Friday invite superlatives. But neither the change in the VIX volatility index, nor its absolute level, would make a mark in the record books—not even close.

Why Banks Are Taking Brunt of 'Brexit' Crash

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The Brexit result hammered bank stocks, but this isn’t about a 2008-type panic run on the financial system.

'Brexit' Collateral Damage Puts Japan in Hot Seat

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With “Brexit” sending the yen to its strongest level in years, the Bank of Japan will need to prepare a response.

Go-Anywhere Bond Funds Struggle to Attract Investors

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Investors poured money into unconstrained bond funds a few years ago in a move to hedge against rising interest rates. But that early affection has faded as investors are still awaiting a sustained climb in U.S. yields.

Capital One Offers a Robo Adviser With a Human Touch

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Capital One Financial Corp. is launching an automated investment-advice service that includes advisers in call centers should clients also want to speak to a person.

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