General Mills Grooms Jeff Harmening as Next CEO

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General Mills is grooming Jeff Harmening as its next chief executive, putting an unflappable Midwesterner who bet on healthy foods in line to run a food giant that is struggling with an industrywide shift toward nutritious products.

U.S. Existing-Home Sales Fall for First Time Since February

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Sales of previously owned homes slipped 3.2% in July, a sign the U.S. housing-market recovery could be uneven as limited inventory and rising prices put purchases out of reach for some Americans.

HP: No Quick Fix for Printer Jam

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Company’s printing-supplies unit sees its worst decline so far and isn’t expected to stabilize until next year.

Central Bankers' Main Challenge: Staying Relevant

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When central bankers gather this week in Jackson Hole, Wyo., they will be consumed not with some pressing crisis in the global economy but by an existential threat to their relevance, Greg Ip writes.

Housing Market Eases Low-Rate Pain for Banks

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Strong mortgage lending will be a boost for banks struggling with low rates.

Why Europe's Steady Growth Does Little to Enthuse Investors

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Investors are favoring further-flung, more exciting destinations than Europe for their cash. But steady growth remains a reassuring factor.

Retailers Could Fail the Back-to-School Test

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Retailers with a significant back-to-school business face easy comparisons, but that may already be priced into their shares.

Former Fed Staffer, Activists Detail Plan to Overhaul Central Bank

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After arguing earlier this year the Federal Reserve needs to modernize how it is structured, a former top central bank adviser and activists are now laying out exactly how they believe the overhaul needs to happen.

Spending on Home Improvement Is Set to Pick Up as Building Pace Slows

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Spending on single-family home construction in the U.S. remains 40% below the levels of a decade ago, but new forecasts project that investment in residential remodeling and repairs this year will surpass records set during the housing boom.

Global Economy Week Ahead: Jackson Hole Gathering, Eurozone PMI, Japan CPI

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Indicators from major economies are likely to affect the moods of central bankers set to return from vacation and possibly adjust monetary policy in the U.S., eurozone and Japan in the weeks ahead.

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