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U.S. markets news

Ocwen's Stock Tumbles On New York Regulator Backdating Accusations
Shares of Ocwen were hammered on Tuesday after New York's Superintendent of Financial Services accused the big nonbank mortgage servicer in a letter of backdating potentially hundreds of thousands of letters to borrowers, �likely causing them significant ...
Ocwen backdated letters to distressed homeowners: Regulator  MarketWatch
UPDATE 2-NY regulator says Ocwen backdated foreclosure letters to borrowers  Reuters
Bloomberg   Related articles »  
Existing home sales for September surge to fastest pace of 2014 (+video)
Existing home sales rose 2.4 percent to an annualized pace of 5.17 million in September, according to the National Association of Realtors.
Sales of existing homes hit fastest pace in a year  MarketWatch
Economic Watch: Existing Home Sale Hit Highest Level in a Year  Truckinginfo
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More have jobs in La., but jobless rate rises
The number of Louisianans with jobs continued to set records in September, but the state's unemployment rate kept rising as new job seekers keep entering the market.
31 states report lower unemployment in September  Newsday
Unemployment rates fall in 31 US states in September  Economic Times
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Global shares rally on US tech earnings, ECB purchase plans
NEW YORK (Reuters) - A measure of global equity markets advanced on Tuesday as technology earnings lifted U.S. shares and the prospect of European Central Bank corporate bond purchases boosted European stocks, while weighing on safe-haven U.S.
S&P 500 Rallies for 4th Day on European Stimulus, Apple Profit  Bloomberg
U.S. stocks rally; S&P 500 above key level  MarketWatch
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Legal petition seeks NY ban on outdated rail cars
ALBANY, N.Y. (AP) - A coalition of environmental groups and city residents has filed a legal petition seeking a ban on older model rail tanker cars carrying volatile crude oil from North Dakota to the Port of Albany.
Oil spill training exercise held in Albany as residents protest  NEWS10 ABC
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Staples in Northeast likely breached with 'more to come'
SAN FRANCISCO - The office supply chain Staples is investigating a possible breach of credit card data, a company spokesman said Tuesday.
Staples says it's probing potential credit-card data breach  PropertyCasualty360
Staples Is Latest Retailer Hit by Hackers  New York Times (blog)
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How McDonald's is changing its menu to try to revive its flagging sales
McDonald's is planning to overhaul its U.S. menu by adding more customizable options and appealing to regional tastes, a move that the world's largest fast-food chain says is aimed at reinvigorating its business after another quarter of sinking profits and ...
Tough US rivalries, China food scandal pound McDonald's  Reuters
McDonald's Profit Plunges on US, China Woes  Wall Street Journal
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ECB leak a tonic for volatile Italy
Stressed financial markets have received another shot in the arm, this time from the European Central Bank - and probably unintentionally.
Euro sell-off after report ECB looking at corporate bond buys  Reuters
The ECB's Ever-Expanding Shopping List  Wall Street Journal
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Chinese GDP figures weakest in five years
Is China's economy finally cooling off? Statistics released Tuesday said China's gross domestic product grew by 7.3 percent during the third quarter.
China posts slowest growth since 2008/09 global financial crisis, more ...  Economic Times
UPDATE 3-China's growth slowest since global crisis, annual target at risk  Reuters
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Why Coca-Cola shares aren't suffering even more
Tuesday's results from Coca-Cola were enough to make some investors queasy. That should be a cue to start reading the ingredients more closely.
Coca-Cola announces growth plan as profit falls 14 percent  Reuters
Coca-Cola steps up cost-cutting plan after sales miss estimates  Chicago Tribune
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