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U.S. markets news

Fed minutes signal growing pressure to raise interest rates sooner
Federal Reserve officials at their last policy meeting debated an earlier-than-expected move in raising interest rates, suggesting the central bank may be shifting to a more aggressive stance in light of the recent pick-up in job growth and inflation.
Fed Fine-Tuned Rate Liftoff, Balance Sheet Reduction Strategy in July Meeting  Fox Business
Fed split could affect timing of higher interest rates  The Globe and Mail
Houston Chronicle   Related articles »  
Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion
Photo. Brian T. Moynihan, the chief of Bank of America. He spoke on the phone with Attorney General Eric H. Holder Jr.Credit Justin Sullivan/Getty Images.
Bank of America and DOJ near $17 billion settlement over mortgage securities  Washington Post
How much of $17B settlement will Bank of America really pay?  Dallas Morning News
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Hewlett-Packard Revenue and Cash Flow Improve, but Earnings Fall
Hewlett-Packard's third-quarter revenue edged out what analysts on Wall Street had expected the company would generate. Credit Justin Sullivan/Getty Images.
PC Sales Boost HP Revenue Up for First Time Since 2011  eWeek
Hewlett-Packard Earnings: 1 Segment Just Took the Clear Lead in HP's ...  Motley Fool
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Dollar, yields spike on Fed minutes; China data awaited
SYDNEY (Reuters) - The U.S. dollar was flying high on Thursday as investors detected a hawkish turn in policy discussions at the Federal Reserve, while Asian share markets took comfort from a resilient performance on Wall Street.
Dollar Rises to Highest in 11 Months as Traders Boost Rate Bets  Businessweek
Dollar jumps up on hawkish Fed minutes  NASDAQ
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UPDATE 4-Car rental firm Hertz is latest victim of auto recalls
(Adds Hertz comment). By Rohit T. K. and Sagarika Jaisinghani. Aug 20 (Reuters) - While an improving U.S. economy has helped rev up demand for car rentals, the rental companies have found themselves short of vehicles due to the slew of recalls by car ...
Hertz Under Pressure From Carl Icahn, Investors  Bloomberg
Carl Icahn pressures Hertz board after taking stake in struggling car rental ...
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400 workers will be out of work after closure of Twinkie bakery
Twinkie is now again about to be closed. T winkie jumped back to shelves in a widely celebrated return that was observed 13 months ago.
Twinkie bakery to close, putting 400 out of work  WAPT Jackson
Twinkie bakery to close, 400 out of work (KNXV-TV)
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Lawmaker's proposals would aid aging population
AUGUSTA, Maine (AP) - Building more affordable housing for Maine seniors and boosting Medicaid reimbursements to home care workers were among several policy ideas rolled out by House Speaker Mark Eves on Wednesday.
Maine House Speaker's bills target aging issues  WBBJ-TV
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How Target strayed deep into the red in Canada
Instead of opening 124 stores in this country last year, the second-largest discounter in the United States should have launched just five to 10 outlets and �refined� the operations before rolling out more, chief financial officer John Mulligan said on Wednesday.
Target sees profit fall months after credit card hack, struggles to win back ...  New York Daily News
Target CEO Charts Comeback With Benefit of Low Expectations  Businessweek
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US 30-year bond decline second day before Yellen policy speech
NEW YORK - Treasury 30-year bonds fell for a second day as investors considered prospects for higher interest rates before Federal Reserve Chair Janet Yellen speaks to a conference this week in Jackson Hole, Wyo.
Bonds Fall As Fed Minutes Fuel Faster Rate-Hike Bets  Investor's Business Daily
Business Highlights
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UPS: We've Been Hacked
The United Parcel Service announced Wednesday that customers' credit and debit card information at 51 franchises in 24 states may have been compromised.
UPS Stores hit by breach of credit card, customer data  Los Angeles Times
UPS now the third company in a week to disclose data breach  Computerworld
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