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U.S. markets news

US stocks drop sharply; Airlines sink
NEW YORK (AP) - It was a rough start to October for financial markets Wednesday, with the Dow Jones industrial average dropping more than 200 points as investors reacted to a round of negative economic news in the U.S.
Airline stocks close down after first US Ebola case confirmed  Los Angeles Times
Wall Street tumbles 1% on Ebola fears; small caps drop  Economic Times
WPTZ The Champlain Valley   Related articles »  
UPDATE 4-GM sees first European profit in 2016 after years of losses
(Adds link to Breakingviews column). By Ben Klayman. MILFORD, Mich. Oct 1 (Reuters) - General Motors Co said on Wednesday it expects in 2016 to ring up its first profit in Europe in more than a decade and that it will also hit targeted North American ...
CEO Barra Pledges Profit Gains as GM Looks Past Recalls  Businessweek
What's News´┐Ż  Wall Street Journal
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Treasuries Close Sharply Higher In Reaction To U.S. Economic Data
Extending the upward trend seen over the past two weeks, treasuries moved sharply higher over the course of the trading day on Wednesday.
WRAPUP 3-US factories lose steam but private sector steps up hiring  Reuters
ISM Manufacturing Index Slips; Reason to Worry? - Real Time Insight  NASDAQ
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Frannie's Courtroom Crushing
U.S. District Judge Royce C. Lamberth on Tuesday tossed out challenges from some investors to the government's sweep of profits at the two giant mortgage finance companies, instituted in 2012.
Ackman Bet on Freddie Mac, Fannie Mae Sours After Dutch IPO  Bloomberg
The End Of The Fannie And Freddie Stock Boom?  Forbes
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Argentina's Central Bank Governor Resigns After Long Rift
Argentina's central bank governor, Juan Carlos Fabrega, resigned on Wednesday after a long tussle with the government over whether policymaking should focus on taming rampant inflation or spurring growth in the slowing economy.
'Vultures' hover over Argentina -US relations  Washington Post
Argentina Central Bank President Fabrega Resigns, Spokesman Says  Businessweek
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City launches online hub for tech companies, entrepreneurs
The city launched a new online portal Wednesday that helps New York's booming tech industry have a wider reach. The website serves as a one-stop shop for entrepreneurs, engineers, investors and others and offers several resources such as job ...
NYC Joins With IBM to Create Web Portal for Technology Startups  Bloomberg
NYC Launches Website For Tech Businesses  CBS Local
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SEC's Gallagher Sees Bond Bubble Hurting Retail Investors
The $10 trillion U.S. corporate bond market has been inflated by companies taking advantage of record low interest rates for the last five years, Securities and Exchange Commission member Daniel M. Gallagher said today.
$23 Billion Is Pulled From Pimco's Flagship Fund  New York Times
New Pimco Captain's Style: More Teamwork, Fewer TV Cameras  Wall Street Journal
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ADP Finds Private Sector Employers Added 213000 Jobs in September
Private sector employment increased by 213,000 jobs from August to September, according to payroll giant ADP, as the job market continued to show consistent gains.
ADP: Businesses Add 213000 Jobs in September  NEWS.GNOM.ES
Private gauge of hiring bodes well for September  The State
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September 2014 New Auto Sales: GM Sales Spike On Strong Demand For Its ...
Despite a recall controversy that has defined the General Motors Co. for much of the year, Americans can't seem to get enough of the firm's big cars and trucks.
GM's US sales up 19 percent in September
GM Sales Soar 19% in September on Pickups, SUVs  24/7 Wall St.
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BofA Board Names CEO Brian Moynihan Chairman
Bank of America Chief Executive Brian Moynihan has been named chairman, effective immediately. The lender said Wednesday that its board of directors elected Moynihan to succeed Charles "Chad" Holiday Jr.
Bank of America names CEO Moynihan chairman of board  Reuters
Bank of America Board Gives Chairman Job to Brian Moynihan  Wall Street Journal
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