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U.S. markets news

European Central Bank president Draghi sees inflation expectations slide
Brussels: Mario Draghi said inflation expectations have deteriorated across the euro area and signalled policy makers are ready to add fresh monetary stimulus.
Draghi at Deflation Gulch  New York Times (blog)
ECB's Mario Draghi Signals Departure From Austerity Focus  Wall Street Journal
Businessweek   Related articles »  
Goldman agrees to US$3.15bn mortgage buyback
Goldman Sachs is paying its largest bill yet to resolve a US government lawsuit related to the 2007 to 2009 financial crisis. The bank said on Friday that it had agreed to a US$3.15 billion buyback of mortgage bonds from Fannie Mae and Freddie Mac to end a ...
Goldman Sachs Agrees to Settlement worth $1.2 billion  Uncover California
Goldman to pay $3.15b to settle mortgage case  Times of Oman
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Yellen urges caution on interest rates
The US Federal Reserve should move cautiously in deciding when to raise interest rates, given that the US labor market remains bruised from the 2007 to 2009 financial crisis, Fed Chair Janet Yellen said on Friday in response to calls from policy hawks for a ...
Highlights from Jackson Hole 2014  Forbes
Special Edition Grand Central: Live from Jackson Hole!  Wall Street Journal (blog)
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Arthur T. Demoulas Close to Buying Market Basket, Governors Say
Former Demoulas Super Markets Inc. President Arthur T. Demoulas is greeted supporters as he arrives for a board meeting at the Wyndham Hotel in Andover, on July 18, 2013.
Arthur T. Demoulas offers $1.5 billion for Market Basket  Boston Globe
Some growers win, some lose in Market Basket tiff  My Fox Boston
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Milestone watch: 2000 on S&P 500
Americans are an impatient bunch, more attuned to the pleasures of instant gratification than waiting around for good things to happen.
Everyone's Pretty Convinced The S&P 500 Will Go A Little Higher  Business Insider
S&P 500 Falls From a Record on Central Banks, Ukraine  Businessweek
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Obama urges renewal of taxpayer-subsidized bank
EDGARTOWN, Mass. (AP) - President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs.
Obama Urges Renewal of US Export-Import Bank  Voice of America
Obama wants Export-Import Bank renewed  Investor's Business Daily
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McDonald's Announces Mike Andres as its New President in US
In a move to help reverse its deteriorating sales, McDonald's Corp. named a new president for its flagship U. S. chain. Mike Andres, 56, will take over as the new president.
McDonald's Names New President In US Amid Sales Funk  Chinatopix
New McDonald's executive inherits challenges in struggling US division  Omaha World-Herald
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Dynegy to buy Duke, Energy Capital plants for $6.25 billion
Houston-based Dynegy Inc. agreed to buy $6.25 billion of power plants - including one just south of Philadelphia International Airport - from Duke Energy Corp.
Dynegy Plans to Double its Generating Capacity to almost 26000 MW  Uncover California
Dynegy looks to restore position in $6 billion deal  Houston Chronicle
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No plans to shut down McDonald's in Russia � Deputy PM
The Russian authorities have no plans of banning McDonald's fast food chain from operating in the country, Arkady Dvorkovich, Russia's deputy prime-minister, assured.
Russian Deputy PM says no plans to ban McDonald's - report  Reuters
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Detroit's water board approves bond buy back plan
The board of Detroit's Water and Sewerage Department voted today to accept all offers to buy back nearly $1.5 billion in bonds in a bid to significantly reduce the amount the agency pays out in debt service - a deal that could save as much as $241 million.
UPDATE 1-Detroit water board OKs repurchase of $1.5 bln tendered bonds  Reuters
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