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U.S. markets news

The economy's 4% annual growth in 2nd quarter is a sharp turnaround from the ...
The U.S. economy's better-than-expected expansion in the second quarter fueled optimism that growth was back on an upward trajectory, allaying fears that the recovery might have been derailed during a sharp winter slowdown.
US Second-Quarter GDP Expands at 4.0% Rate  Wall Street Journal
US economy grew at strong 4 percent rate in spring  Businessweek
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Federal Reserve Policy Review meeting ends Wednesday; What would Janet ...
Janet Yellen The Federal Reserve would be ending a policy meeting this Wednesday with a lot of unanswered questions. Many investors would be closely looking at the policy statement to find answers to the forward guidance of the Fed with regards to the ...
Hilsenrath: Modest Growth Beneath the Surface Keeps Fed on Track  Wall Street Journal (blog)
Fed seen trimming bond buys, could offer vague rate clues  Reuters India
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Twitter's surge revives valuation debate
(Reuters) - The surge in Twitter Inc's (TWTR.N) shares has revived debate about whether the stock warrants a valuation that is five times that of Facebook Inc (FB.
Twitter shares surge 30pc after jump in user numbers  Telegraph.co.uk
Twitter Still Far Short of Real Earnings  Barron's
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Carlyle nearly doubles second-quarter profit
Carlyle, the world's second largest private equity fund manager, said second-quarter profit nearly doubled, as the value of its European leveraged buyouts improved.
Carlyle follows KKR, Blackstone with strong private equity profits for ...  Washington Post
UPDATE 1-Carlyle's second-quarter earnings double  Reuters
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Dollar Rises to 4-Month High as US GDP Tops Forecasts
The dollar rose to a four-month high after the U.S. economy grew more than forecast in the second quarter, boosting speculation the Federal Reserve will raise interest rates by the middle of next year.
Dollar hits 10-month highs on strong US GDP data  Reuters India
Dollar, Treasuries yields gain after strong US GDP  BDlive
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UPDATE 2-CME to buy GFI Group for energy and FX units
(Adds comments from CME executive, analyst, share prices). July 30 (Reuters) - CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange ...
CME to buy GFI Group for energy and FX units  Chicago Tribune
GFI Shareholder Buyout Alert - Acquisition Of GFI Group, Inc.- Leading ...  MarketWatch
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Los Angeles pipe rupture: A look at the numbers
A torrent of water spewed from a nearly century-old pipe that burst in Los Angeles, shutting down a section of Sunset Boulevard and inundating the campus of UCLA.
UCLA water main rupture: Repairs to take 'extended period of time'  Los Angeles Times
Road gouged by huge leak in Los Angeles water main  BBC News
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Sprint Weighing Price Cuts as Subscriber Fight Escalates
The continued flight of lucrative customers to rivals with faster networks and cheaper plans has forced Sprint Chief Executive Officer Dan Hesse to consider price cuts as he braces for a battle for subscribers this holiday season.
UPDATE 3-Sprint Q1 revs top estimate as network upgrade progresses  Reuters
Sprint Profit is Its First Since 2007  The Legacy
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Nadal out of 2 tournaments because of right wrist
Former Minnesota Gov. Jesse Ventura says he has mixed emotions about winning his defamation lawsuit in U.S. District Court.Full Story.
APNewsBreak: Ventura passage to be cut from book  Valley morning Star
An early rally fades on the US stock market  Live 5 News
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Snapchat Said in Funding Talks With Alibaba at $10b Value
Snapchat Inc., the company that makes a mobile application for disappearing photo messages, is in talks with investors including Alibaba Group Holding Ltd.
Snapchat Said to Have Had Talks With Alibaba on Potential Investment  New York Times
Snapchat's funding talks with Alibaba yield $10 billion valuation (Video)  L.A. Biz
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