As Food Prices Fall, Economic Pain Hits More Businesses

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Consumers’ glee at the supermarket checkout over lower food prices isn’t shared by all: Farmers, grocers and restaurateurs are feeling the pinch of cheap milk, beef and corn prices on their incomes.

U.S. Home Prices Continued Strong Gains in June

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Home prices continued to make strong gains in June, as continued price run ups put a damper on demand.

EU's Apple Tax Hit: Ire In Ireland, Confusion Elsewhere

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Frosty reactions to the European Commission’s ruling that Apple needs to pay €13 billion to Ireland’s tax authority show why international tax agreements are so hard.

U.S. Consumer Confidence Climbs to Highest Level in Nearly a Year

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A gauge of U.S. consumer confidence rose to the highest level in nearly a year in August, suggesting that household spending will remain a key support for the economy.

Hanjin Shipping Moves Closer to Bankruptcy

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Hanjin Shipping’s creditors said they would no longer give the South Korean company financial support, pushing it close to bankruptcy.

Why Euro Looks Stuck Even as Fed Gears Up to Move

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Unless Fed officials begin to show greater confidence that the U.S. economy can sustain notably higher rates, the euro looks set to remain stuck in a rut.

How Prada's New-Look Accounting Flatters Figures

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Prada’s surprising operating-profit growth came primarily from a subtle change in its accounting policy.

What Happens When a Central Bank Buys Property Stocks

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The Bank of Japan’s asset purchases have helped shares in real-estate investment trusts, but home builder stocks may be telling the true story.

Fed's Dislike of Negative Interest Rates Points to Limits of Stimulus

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Fed officials don’t think negative rates are needed in the U.S. because the economy and job market are improving and they are hoping they will never have to use them in the future given their uncertainty about whether the policy works.

When Economic Doomsayers Stumble

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It’s early, but data so far suggest the British decision to leave the European Union could be another example of a recurring phenomenon: expert predictions of dire consequences to political decisions that end up proving overheated.

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