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U.S. markets news

Dollar Rises to 11-Month High Before Fed Minutes; Pound Advances
The dollar strengthened to an 11-month high versus the euro on speculation the Federal Reserve is moving toward raising interest rates.
Dollar hits multi-month highs on US-economy optimism  MarketWatch
Global stocks drift ahead of Fed minutes  SFGate
Reuters   Related articles »  
Stocks halt rally, BoE jolts UK markets
image LONDON: World stocks mostly halted their recent rally on Wednesday before the latest policy signal from the US central bank, while UK stocks and bonds fell after Bank of England minutes showed two rate-setters voted to raise interest rates earlier this ...
FTSE breaks 5-day winning streak ahead of BOE report  MarketWatch
London open: Stocks snap five-day win streak ahead of central bank minutes  Yahoo Finance UK
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Lowe's earnings rise but lowers outlook
Lowe's reported a rise in second-quarter profit and revenue Wednesday but the home improvement retailer also lowered its earnings guidance for the year.
Lowe's shares fall more than 3% on cut to sales outlook  MarketWatch
Lowe's Profit Tops Estimates as Appliances Sales Rise  Businessweek
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UK bank hit with $300 million New York fine
standard chartered StanChart has to pay $300 million for failing to follow New York rules about money laundering. NEW YORK (CNNMoney).
Is America's policing of global finance vexing Hong Kong?  Telegraph.co.uk
Standard Chartered to pay $300 million for oversight shortfalls  Reuters India
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China fines Japanese auto parts makers record $201 million for price-fixing
BEIJING/TOKYO (Reuters) - China has fined Japanese auto parts makers a record 1.235 billion yuan ($201 million) for manipulating prices as the government steps up its enforcement of an anti-trust law that has targeted major corporations and revived ...
China slaps Japan companies with record antitrust fine  MarketWatch
China Focus: Japanese suppliers fined over price monopoly  Shanghai Daily (subscription)
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Carlsberg's Russia Struggle Worsens as Heineken Is Wary
Carlsberg A/S (CARLB) and Heineken NV, (HEIA) two of the world's top four brewers, signaled tougher times ahead for the beer industry as escalating political tensions in eastern Europe weigh on the region's economy.
Russia tensions hit Carlsberg sales  BBC News
Flat Russian beer market hits Carlsberg  CNNMoney
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Construction of new homes hits eight-month high in July
New-home construction in the U.S. surged to an eight-month high in July, lifting the stock market and prospects for a broader economic recovery.
American Home-building hits Eight-month High in July  Construction Global
US homebuilder confidence index rises in August  Mohave Valley News
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US stocks rise on housing data
US stocks on Tuesday finished with solid gains following encouraging economic data and a solid earnings report from Home Depot. At the closing bell, the Dow Jones Industrial Average was up 80.53 points (0.48 percent) to 16 919.27.
Asia stocks make slight gains, await Yellen speech  Chron.com
Home Depot Profits Shine; Stock Still Undervalued  Barron's
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UPDATE 2-Argentina aims to skirt US court, bring debt under national law
(Adds more quotes from president, analyst, context). By Sarah Marsh and Walter Bianchi. BUENOS AIRES Aug 19 (Reuters) - President Cristina Fernandez on Tuesday unveiled legislation that seeks to push bondholders to swap defaulted debt for new notes ...
Argentina to bring defaulted debt under national law  CNBC
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Phenomenal Market Basket drama
In recent weeks everyone has been treated to a live drama of magnificent proportions! It might even be called the 'Capitalist Play of the Century.
Former Market Basket workers gets creative with shopping lists  The Salem News
Solution still eludes Market Basket board  Boston Globe
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