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U.S. markets news

A third of Americans delinquent on debt
More than a third of the country is in trouble when it comes to paying debts on time; 35% of Americans have debt in collections, according to a study out Tuesday from the Urban Institute, which analyzed the credit files of 7 million Americans.
Past due: 1-in-3 in US in collections  Fresno Bee
New Study Reveals More Than One-Third Of Americans Delinquent On Debt  American Live Wire
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Realtors concerned about effects of Zillow-Trulia merger
A specialist woks at the post that handles Trulia on the floor of the New York Stock Exchange Monday. Trulia jumped 11 percent after the real-estate listing service Zillow said it plans to buy it for $3.5 billion.
Zillow deal to buy Trulia creates real estate digital ad juggernaut  Los Angeles Times
How people think about home prices could change  KIRO Seattle
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GLOBAL MARKETS-Asia stocks reach 3-year peak, China on the rise
... * China & Hong Kong shares buoyed by economic & stimulus hopes. * Nikkei at 6-month peak, Seoul highest in over 3 years.
Asia stocks reach three-year peak, China on the rise  Reuters Canada
Asian stocks reach three-year peak, China holds gains  Livemint
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Smith & Wesson
Smith & Wesson (NASDAQ:SWHC) will pay $2 mil to the SEC for bribing officials in Pakistan, Indonesia and other foreign countries with cash and free guns to try to boost sales.
Smith & Wesson paying $2M to settle SEC charges  Imperial Valley Press
Smith & Wesson Holding Corporation Announces Settlement Agreement  MarketWatch
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Southwest to Be Fined Over Repairs
A Southwest Airlines Boeing 737 preparing to land at Love Field in Dallas. The F.A.A. is proposing a $12 million fine against Southwest for repair violations.
Southwest Faces $12 Million FAA Fine  The Ledger
FAA proposes $12 million fine against Southwest for repairs  Fox News
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Medicare looking healthier in report
WASHINGTON - Medicare's financial stability has been strengthened by the Affordable Care Act and other forces that have been subduing health care spending, according to a new forecast that says the fund covering the program's hospital costs will remain ...
Feds trumpet Obamacare savings on prescription drugs, $180 million in Alabama  Press-Register -
Good News and Gloom for Medicare, Wrapped in a Mystery  New York Times
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Three Area Family Dollar Stores Closing Despite Proposed Sale To Dollar Tree
Family Dollar will close three area stores as scheduled despite Monday's announcement that Dollar Tree plans to purchase the company.
In a surprising move, Dollar Tree will buy Family Dollar for $8.5 billion  Washington Post
Dollar-Stores Merger Shows That Cheap Is Still Chic  Bloomberg
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New York Report: Dow in slight rise on spate of mergers
Wall Street edged mostly higher yesterday as investors weighed soft housing data against a flurry of deal news, including the takeover of Family Dollar Stores by Dollar Tree.
Shares, dollar steady ahead of key US data, Fed meeting  Reuters
Stocks: Dow ends the day in positive territory  USA TODAY
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San Bruno alleges misconduct, seeks removal of CPUC president
San Bruno city officials want the CPUC president to be removed from office, alleging that emails show "illegal and illicit" private talks with PG&E.
San Bruno alleges misconduct by regulator in PG&E explosion case  Los Angeles Times
Chief of California Public Utilities Commission Should Resign: San Bruno Mayor  NBC Bay Area
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Dollar dips on housing data as Fed statement, jobs report loom large - The dollar traded largely lower against most major currencies on Monday after a widely-watched home sales report disappointed investors, though many were on the sidelines anyway awaiting the Federal Reserve's July statement on ...
Dollar mostly flat ahead of key U.S. economic data, Fed meeting  GlobalPost
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