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U.S. markets news

China Rate Cut to Hurt Bank Profit, ICBC's Jiang Says
China's cut in interest rates will squeeze banks' margins, says the head of the world's most profitable lender. People's Bank of China raised the cap on what banks can pay customers for deposits to 120 percent of the benchmark from 110 percent, as it ...
China Rate Cut Surprises, Doesn't Overwhelm  Wall Street Journal
PBOC move lowers Taiwan's chance of hiking interest rates  Focus Taiwan News Channel
New York Times   Related articles »  
New York Fed Is Criticized on Oversight
Photo. William C. Dudley, president of the New York Fed, testified at a Senate Banking subcommittee hearing in Washington on Friday.
FED Report Discusses Sensitivities of the Banking System  Dumb-Out
Senator threatens Dudley's job over Fed chief's banking ties  New York Post
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Where to score the best deals on Black Friday
If you're a Walmart-only shopper, it may not be worth the time or effort to battle crowds on Black Friday. A study by Wallethub released this week found that the discount retailer has some of the smallest markdowns compared to other stores, at an average of ...
WalletHub Released a List of Best Deals on Black Friday  TopNews United States
Dow, S&P 500 set record highs again; JCPenney tops Black Friday deals ...  cleveland.com
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US jobless rate declines in 34 states
The US unemployment rates declined in 34 states, i.e. two-thirds of the total American states, in the month of October. The jobless rate last month clearly indicated that the steady hiring going on this year has been broadly dispersed in most parts of the country.
Jobless rate falls in all 17 counties  Nevada Appeal
Nebraska October jobless rate drops to 3.6 percent  Sioux City Journal
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Alibaba Flippers Eke Out $11.5 Million Gain in Bond Debut
Bond investors who sold Alibaba Group Holding Ltd. (BABA)'s new long-term debt deal earned about $11.5 million in gains with most of the increase coming from the longest-dated securities.
Alibaba prints jumbo deal without China premium  Reuters
Alibaba Group Holding Ltd raises US$8-billion in blockbuster post-IPO bond sale  Financial Post
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Dow, S&P hit records again
U.S. stocks capped a week that already had several record highs by delivering a couple more. The Dow Jones industrial average and Standard & Poor's 500 index carved out all-time highs Friday, extending the market's gains for the week.
Stock market pushes further into record territory  The Denver Post
Shares Extend Gains on Overseas Economic News  New York Times
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Early trade in New York: Euro plummets as Draghi raises stimulus hopes
The euro fell sharply on Friday after European Central Bank chief Mario Draghi said inflation expectations were declining to levels that were very low, keeping the door open for further monetary easing soon.
Irish and European stocks rise after Draghi talks up inflation action  Irish Independent
TREASURIES-Long bond yields fall after comments from ECB's Draghi  Reuters
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Aereo files for bankruptcy protection
NEW YORK - Online streaming service Aereo said it has filed for Chapter 11 bankruptcy protection, saying an unfavorable ruling by the U.S.
Boston-based digital TV service Aereo files for bankruptcy  Boston Globe
Aereo signal fades, seeks bankruptcy after court loss  NorthJersey.com
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Unemployment rate in Athens falls
According to figures released by the Texas Workforce Commission, the new reading was 5.1 percent, down from 5.3 percent in September.
Waco's unemployment rate plummets below 5 percent  Waco Tribune-Herald
State unemployment rate drops again � Now 5.3%  WBCO
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EPA Postpones Setting Standards for Biofuel Blends
The Environmental Protection Agency quietly announced on Friday that, after much delay, it had been unable to decide this year on a rule setting levels for the amount of biofuel it would require to be blended into conventional vehicle fuels.
Patience runs low as EPA delays fuel rule  Houston Chronicle
Delay on ethanol mandate gets mixed reaction  Sioux City Journal
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