Key Inflation Gauge Closest to Fed's 2% Target Since 2012

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U.S. inflation is closing in on the Federal Reserve’s long-elusive 2% annual target, the latest evidence of firming price pressures that could bolster the case for the U.S. central bank to raise short-term interest rates as soon as this month.

Trumponomics Causes Global Corporate Bonds to Collide

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An unusual shift is under way in U.S. and European corporate bond markets—politics on both sides of the Atlantic are the reason.

Export Adrenaline Boosts China Factories---but Hangover Could Be Hard

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China’s latest manufacturing data adds to the evidence that recovering global trade is helping offset the housing-market slowdown, but Mr. Trump could spoil the party.

Salesforce Sees Increase in Deferred Revenue

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Salesforce.com posted a 29% jump in deferred revenue for its fiscal fourth quarter, a sign the business-software company continues to rack up customers moving computing operations to the cloud.

Who Is the PwC Accountant Behind the Oscar Gaffe?

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Brian Cullinan, the accountant responsible for the infamous envelope mixup, is a 30-year-plus veteran of PwC who has overseen clients like Disney and Paramount.

For Snap, the Truth Will Be in Advertising

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Snap calls itself a camera company, but everything beyond the first line of its IPO filing suggests it is an advertising company. And estimating how much ad revenue it can generate is key to determining its value.

President's Speech Leaves Executives Optimistic, Wanting More Details

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Business leaders cheered the positive tone in the president’s speech to a joint session of Congress, even as they acknowledged a continued lack of specificity in many areas, such as taxes.

Giant Warehouses Built at Rapid Pace While Tenant Interest Declines

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Developers finished “big box” warehouses totaling nearly 25.5 million square feet combined in the last three months of 2016, a 77% increase from a year earlier, while net absorption of those warehouses fell 19.3%.

Penguin Random House Acquires Global Rights to Books by Obamas

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Penguin Random House said it has acquired world rights to separate books by former President Barack Obama and First Lady Michelle Obama that will look at their years in the White House.

Shake Shack Isn't Delicious Enough at This Price

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Shake Shack sells tasty burgers, but its rich valuation still isn’t appetizing for investors.

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