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U.S. markets news

Consumers called losers in proposed cable merger
But federal regulators are expected to OK Charter Communications' $55 billion bid for Time Warner Cable. By Edward D. Murphy Staff Writer.
Charter's TWC deal set to face scrutiny  Independent Online
Cable giant Charter is in �51bn deal with Time Warner  Belfast Telegraph
Identity thieves nabbed 100000 tax filings from the IRS
Identity thieves used social security numbers and other data to access the tax filings of more than 100,000 Americans this year, the IRS has admitted.
IRS shuts down Web app after criminal network steals taxpayers' data
104000 taxpayers have personal info stolen from IRS website  Quad City Times
IMF Official Says Chinese Yuan No Longer Undervalued
BEIJING—China's currency is no longer undervalued given recent appreciation, but the government should pick up the pace in loosening controls on the exchange rate, a senior International Monetary Fund official said Tuesday.
Opinion: Global assets could shift toward China if IMF includes renminbi  MarketWatch
China's Yuan drops as dollar strengthens amidst Fed's possible rate hike  Economic Times
Greek debt fears, surge in dollar nip at stock market
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Greece and a Rising Dollar Drive Shares Steeply Lower  New York Times
Wall Street drops on Greece debt repayment, rate hike concerns  Hindu Business Line
Europe woes and US rate outlook weigh on stocks, lift dollar
TOKYO Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece.
Dollar buoyed by upbeat data  Independent Online
Dollar near eight-year high against yen  THE BUSINESS TIMES
Bernanke sees no extreme moves in US markets, asset prices
SEOUL May 27 Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticised the U.S.
Bernanke sees no risk of hard landing in China, bullish on US economy  Economic Times
Aussie dollar plunges on Fed rate rise risk
The Australian dollar has dropped to a one-month low as the US dollar rallied on the back of strong economic data and investors waited for Thursday's capital expenditure numbers.
Gold holds near 2-week low as US rate hike looms  Economic Times
Roundup: S.Korean shares drop on concerns over U.S. rate hike  GlobalPost
Crude palm oil futures up 0.42% due to rising spot demand
NEW DELHI: Extending gains for the second straight day, crude palm oil prices today rose by 0.42 per cent to Rs 449 per 10 kg in futures trade on the back of rising demand in spot markets.
Oil attempts to rebound from the mighty dollar effect  MarketWatch
Oil prices rebound in Asian trade
Federal Reserve Vice Chairman Fischer talks about possibilities of rate hike
Even a peewee change brought in by the US Federal Reserve has far-reaching effects on almost all the economies of the world. This adds weight to the fact that the Fed, indeed, is the most powerful bank housed in the world's most powerful economy.
Federal Reserve policy: Here is what the bond traders have in store for 2016  Economic Times
Bond Traders Uncover Secret to Rates That Fed Doesn't Get  Bloomberg
Snapchat CEO says company plans to IPO, does not specify when
CALIFORNIA: Snapchat CEO Evan Spiegel has said that the company plans to have an initial public offering but did not specify when that would happen.
Snapchat has IPO plan: CEO Evan Spiegel  Economic Times
Snapchat has IPO plan, says CEO Evan Spiegel  Al-Arabiya