For Fed to Delay Rate Hikes, Global Tumult Would Need to Infect U.S.

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A wave of financial turbulence overseas could delay the Federal Reserve’s plans to raise short-term interest rates in the months ahead, but only if it ends up knocking the U.S. economy off track.

For Fed to Delay Rate Hikes, Global Tumult Would Need to Infect U.S.

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A wave of financial turbulence overseas could delay the Federal Reserve’s plans to raise short-term interest rates in the months ahead, but only if it ends up knocking the U.S. economy off track.

Puerto Rico Urges Concessions From Creditors

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Investors in Puerto Rico’s bonds braced for losses as soon as this week, after the U.S. commonwealth said it can’t pay its debts.

Trian Urges Buildup, Not Breakup

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Trian has built a stake of 7.24% in Pentair, a maker of pumps and valves, and is asking the company to consider buying up rivals.

Trian Urges Buildup, Not Breakup

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Trian has built a stake of 7.24% in Pentair, a maker of pumps and valves, and is asking the company to consider buying up rivals.

J.P. Morgan Expands Prepaid-Card Uses

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J.P. Morgan Chase is revamping its prepaid debit-card program and the way it assesses if consumers qualify for a checking account.

China's Economy Not Immune to Market Sickness

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It would be a mistake to assume that China’s broader economy will shrug off this market meltdown.

U.K. County Rejects Fracking Applications

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An English county government rejected applications for the first onshore hydraulic fracturing in Western Europe since 2011, in a blow to the U.K.’s nascent shale-gas industry.

Labor Department Expected to Expand Overtime Eligibility

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Millions more Americans who work in excess of 40 hours a week will qualify for overtime pay under a proposed rule the Labor Department is expected to unveil Tuesday.

At Babcock & Wilcox, Big Risks Go Up in Smoke

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The split at power-plant builder Babcock & Wilcox shows how U.S. companies are tightening their focuses and scaling back riskier long-term bets in an era of activist shareholders demanding action to boost returns.

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