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U.S. markets news

Bank Of America Settles With Uncle Sam Over Mortgages For Nearly $17B
Bank of America Bank of America is the latest bank to agree to cough up billions for mortgage misdeeds committed before the 2008 financial crisis, reaching a settlement with the U.S.
BofA Resolves Mortgage-Bond Probes in Record $16.65B Settlement  Fox Business
Bank of America reaches record $17bn settlement over questionable mortgages  The Guardian
Christian Science Monitor   Related articles »  
Dollar Tree Cuts Forecast Amid Expenses to Buy Family Dollar
Dollar Tree Inc., the discount chain that's in a bidding war to buy Family Dollar Stores Inc., cut the top end of its full-year earnings forecast amid acquisition-related costs.
Family Dollar To Dollar General: We're Just Not That Into You  Forbes
Dollar Store Wars
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July Existing Home Sales Hit Highest Pace Of 2014
Sales of previously-owned homes in July rose for the fourth straight month, hitting their highest pace in 2014, according to data released Tuesday by the National Association of Realtors.
Signs of housing improvement in latest existing-home sales report  MarketWatch
US Existing-Home Sales Up 2.4% in July  Wall Street Journal
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Sears CEO: Retailer's Loss, Revenue Decline 'Unacceptable'
Sears Holdings - owner of various Sears brands, Roebuck and Co. as well as Kmart Corporation - reported a 0.8% domestic same store sales decline including a 1.7% decline at Kmart stores.
UPDATE 2-Sears posts loss for 9th straight qtr as sales fall again  Reuters
Sears Holdings Posts First-Half Loss of Nearly $1 Billion  New York Times
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US factory activity expands at fastest pace in over four years in Aug: Markit
NEW YORK Aug 21 (Reuters) - - The U.S. manufacturing sector expanded in August, with the rate of growth exceeding expectations and moving at the fastest pace in more than four years, an industry report showed on Thursday.
Eurozone business growth slows in August, PMI data shows  BBC News
Business growth in Europe and China slows  Irish Times
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US stocks rise, pushing S&P 500 to intraday record
NEW YORK (MarketWatch) - U.S. stocks advanced Thursday, as the S&P 500 worked for a fourth straight day of gains and set an intraday record.
Wall Street: S&P 500 tops record early today  Buffalo News
KC Fed's president makes case for raising interest rates  Kansas City Star
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Treasuries Halt 3-Day Drop Amid Yellen Speech Speculation
Treasuries snapped a three-day decline as traders speculated Fed Chair Janet Yellen will emphasize weakness in the U.S. labor market in her speech tomorrow at a conference of central bankers.
Treasury Bonds Rise Before Fed Chairwoman Yellen's Speech  Wall Street Journal
TREASURIES-Yields steady ahead of cenbank Jackson Hole meeting  Reuters
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U.S. Mortgage Rates Fall With 30-Year at the 2014 Low
Mortgage rates in the U.S. dropped for a second week, sending 30-year borrowing costs to the lowest point for 2014. The average rate for a 30-year fixed mortgage was 4.1 percent, down from 4.12 percent, Freddie Mac said in a statement today.
Current Mortgage Rates for Thursday August 21, 2014  LoanSafe
Mortgage rates hit 2014 low  WKBT La Crosse
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Russia checks more McDonald's after closing 4
In this photo taken on Wednesday, Aug. 20, 2014, one of closed Moscow's McDonald's outlets in downtown Moscow with the Kremlin reflection in a window.
Russia Steps Up the Pressure on McDonald's  Wall Street Journal
Amid Ukraine tensions, Russia shuts four McDonald's  CBS News
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UPS Confirms it Was Hacked
United Parcel Service said in a Wednesday statement that more than 51 of its locations across 24 states, approximately 1% of its more than 4,470 franchise locations in the U.S.
UPS Stores Hit By Computer Virus, Cherry Hill One Of Them.  CBS Local
United Parcel Service Confirms Security Breach  New York Times (blog)
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