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U.S. markets news

Forex - Australian dollar a tad weaker as Stevens jawbones in parliament
The Australian dollar eased slightly further Wednesday after the country's central bank chief talked the currency down in testimony before parliament, while the Japanese yen weakened on trade figures.
US consumer price index rises just 0.1 percent in July on lower gas prices  Gant Daily
FOREX-US dollar hits 9-month high against euro on strong housing data  Reuters
Investor's Business Daily   Related articles »  
Asia stocks make slight gains, await Yellen speech
TOKYO - Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar.
Asian shares slip ahead of US Fed chief's speech  Geo News, Pakistan
Asian stocks steady on strong US data, dollar holds gains  Reuters Canada
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Apple shares rise to record amid optimism about new products
Apple's stock closed at an all-time high on Tuesday, surpassing a 2012 record as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth.
Apple shares close at record high  Financial Times
Apple Tops $100 To Notch Record Close As Next iPhone Looms  Forbes
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Home Depot Profits Shine; Stock Still Undervalued
Even after a big jump, shares are trading for less than their historical valuation. And they yield 2.3%. Email; Print; Comments; Order Reprints.
U.S. stocks ended higher Tuesday  FX News Call
Wall Street rises on Home Depot and Apple; data helps  Economic Times
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New York Regulator Orders Standard Chartered To Pay $300 Mln Penalty
New York State's financial regulator has ordered UK-based lender Standard Chartered plc (SCBFF.PK,STAC.L,STAN.L) to pay a civil monetary penalty of $300 million and also take other remedial steps for its failure to improve money laundering controls that ...
UPDATE 2-Standard Chartered to pay $300 mln for oversight shortfalls  Reuters
Caught Backsliding, Standard Chartered Is Fined $300 Million  New York Times
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PetSmart to consider selling itself
PetSmart says it is considering putting itself up for sale after receiving pressure from investors. The pet supply chain said Tuesday that it will weigh "strategic alternatives" after a board review that included conversations with shareholders.
PetSmart Announces Second Quarter 2014 Results  Business Wire (press release)
Exclusive: Amid investor pressure, PetSmart says to explore sale  KDAL
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Construction of new homes hits eight-month high in July
A framer works on the roof line of a new home under construction Tuesday at the William Lyon Homes site in the Pavilion Park development in Irvine.
A late summer bloom in home building in the Midlands  Hilton Head Island Packet
HOW TO PLAY IT-Dipping into the noisy US housing market  Reuters
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IG: Obamacare's Medical Device Tax Not Bringing In As Much Cash As Expected
Obamacare's controversial medical device tax isn't bringing in nearly as much cash as expected, according to a federal report issued Tuesday.
Audit: 'Obamacare' tax not meeting revenue target  Salon
In the Blogs: Maybe They Should Tax Doritos  Accounting Today
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Market Basket's competing philosophies a hot topic in business circles
Is there any business more interesting than a family business? The relationships between family business owners make the relationships between owners of other privately owned companies look like child's play.
No progress evident in Market Basket standoff  Boston Globe
Market Basket----A family matter  iStreet Research
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Justin Bieber and Taylor Swift have hit a sour note.
Sales of the pop stars' fragrances disappointed in the past year, pulling down earnings for beauty product giant Elizabeth Arden.
Celebrity Fragrances Add to Slide at Elizabeth Arden  New York Times
Stars' scents add to slide at Elizabeth Arden cosmetics  Minneapolis Star Tribune
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