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U.S. markets news

Consumer spending fell 0.1% in July
Consumer spending unexpectedly fell in July as Americans paused after stepping up their buying the previous month. The Commerce Department said spending dipped 0.1% after surging 0.4% in June.
WRAPUP 3-US consumer spending pauses, but rising confidence offers hope  Reuters
US Consumer Spending Fell In July For First Time Since January  International Business Times
Bloomberg   Related articles »  
German Bonds Advance for Eighth Month in Longest Run Since 2005
European Central Bank President, Mario Draghi, left, speaks with U.S. Federal Reserve Chair Janet Yellen, during the Jackson Hole economic symposium in Moran, Wyoming, U.S.
Eurozone gripped by deflation fears as inflation rate hits five-year low  The Guardian
Europe's Week Ahead: ECB Lies in Wait  Wall Street Journal (blog)
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As stocks rise, so does anxiety: Time to get out?
NEW YORK (AP) - Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and the Standard & Poor's 500 index closed above 2,000 for the first time on Tuesday.
As stocks pass a milestone, investors wonder if it's time to sell  CTV News
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Malaysia Airlines to Cut 30 Percent of Work Force
Malaysia Airlines will cut 6,000 jobs, or about 30 percent of its work force, and receive a bailout from the Malaysian government amounting to nearly $2 billion, according to a restructuring plan announced Friday.
Malaysia Airlines slashes jobs, routes in overhaul  USA TODAY
Malaysia Airlines to cut 6000 staff in overhaul  SFGate
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McDonald's Warns to Briefly Close 18 Russian Restaurants for Scheduled ...
MOSCOW, August 29 (RIA Novosti) - McDonald's said Friday it would briefly close 18 restaurants in Russia in September for planned renovation and upgrades that would take several days.
McDonald's Says Russian Agency Is Inspecting 100 Restaurants  Bloomberg
McDonald's Objects to Russia Restaurant Closures  TIME
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CFPB Announces New Senior Leaders and Board Members
The Consumer Advisory Board has new members and will hold a public meeting in September 2014. The Consumer Financial Protection Bureau has announced several new leaders within the bureau, as well as the appointment of new consumer finance ...
CFPB Names New Senior Leaders, Advisory Board And Council Members  Mortgageorb
NARCA President Among New Members of CFPB Consumer Protection ...  InsideARM
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Fracking approaches final hurdle in Illinois
Big crowds gathered at a public hearing on new fracking held by the Illinois Department of Natural Resources in November. (Joel Kowsky/for the Chicago Tribune).
New Illinois Fracking Rules Released Today  Public News Service
Fracking industry officials donating to Rauner  PennEnergy (press release)
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33% of People Use Credit Cards for Purchases Under $5 Dollars
In the last year or so, financial institutions and credit card companies have released new credit cards that maintain a �tap� feature.
Cash or credit? What paying with plastic says about you  Tech Times
What paying with plastic says about you  USA TODAY
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Rovio replaces chief as it tackles falling profits
Struggling to reach the next stage, Angry Birds will attempt to fly along a different trajectory. Rovio, the Finnish maker of the hit mobile game, is replacing its chief executive as the company attempts to tackle falling profits and heavy competition from rivals.
Andry Birds Maker Rovio Appoints Pekka Rantala as New CEO  ValueWalk
The Head of the Company Behind Angry Birds Is Flying the Coop  TIME
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Least Expensive Labor Day Gas Prices Since 2010, According to Forecast
Americans behind the wheel may get some relief in their wallet this weekend, as Labor Day gas prices are forecasted to reach the lowest holiday levels since 2010, according to a study by GasBuddy.
Labor Day Gas Prices Cheapest Since 2010  Fox Business
EIA: US sees lowest pre-Labor Day gasoline prices in 4 years  Oil & Gas Journal
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