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U.S. markets news

Yet another cable hookup
NEW YORK - As TV watchers increasingly look online for their fix, cable companies are bulking up. In the latest round, Charter Communications is buying Time Warner Cable for $55.33 billion.
Lev: Charter-Time Warner Cable merger brings hope of resolution to SportsNet ...  OCRegister
Outlook for approval of Charter-Time Warner Cable deal appears favorable  Los Angeles Times
New York Times  
IRS says thieves stole tax info from 100000
WASHINGTON - Sophisticated criminals used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part of an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said Tuesday.
IRS says hackers stole tax information from 100000 Americans  StreetWise Journal
Hackers hit IRS, gain access to information on 100000 taxpayers  New York Daily News
Europe woes and US rate hike prospects depress stocks, boost 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.
S&P 500 Falls Most in 3 Weeks, Dollar Rallies Amid Stronger Data  Bloomberg
Greek concerns haunt euro, stocks  The Australian
Yuan Now Most-Used in Asia for Payments to China, Swift Says
The yuan has become Asia's most-active currency for payments to China and Hong Kong, according to the Society for Worldwide Interbank Financial Telecommunications.
Beijing's yuan push bears fruit  MarketWatch
China's yuan 'no longer undervalued': IMF  CNNMoney
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 St. drops on rate concerns, Greece
How Wall Street reacts to US rate rises
Investors are bracing for market volatility and weaker equity returns as the US Federal Reserve looks increasingly likely to begin lifting interest rates this year.
Federal Reserve Vice Chairman Fischer talks about possibilities of rate hike  Uncover California
Bond Traders Uncover Secret to Rates That Fed Doesn't Get  Bloomberg
Gold holds near two-week low as US rate hike looms
MANILA Gold held near a two-week trough on Wednesday after sliding almost 2 percent in the previous session as upbeat U.S. economic data strengthened expectation that the Federal Reserve may be on course to raise interest rates this year.
Yellen's Dollar Rally Gives Relief to Peers From Tokyo to Sydney  Bloomberg
Janet Yellen plans on skipping this year's Jackson Hole conference  Livemint
Oil Attempts Rebound After Sharp Overnight Losses
0216 GMT [Dow Jones] Crude-oil futures are marginally higher in early Asian trade Wednesday, attempting a rebound after sharp overnight losses of nearly 3% on the back of a strong U.S.
Crude oil prices rebound on bargain-hunting  Hindu Business Line
Oil recovers from drop of over 2 pct, U.S. crude stocks in focus  Business Standard
Snapchat has IPO plan: CEO
The chief of vanishing-image service Snapchat said the company has a plan for going public with an offering of stock but did not reveal when it might happen.
'We Need to IPO,' Says Snapchat Founder  TIME
Snapchat Official Announces IPO Plans Following $15 Billion Valuation  Franchise Herald
UPDATE 2-Vox Media acquiring tech news website Re/code
(Adds Vox Media descriptor, paragraph on Comcast's exchange of Re/code stake for Vox Media shares). LOS ANGELES May 26 (Reuters) - Vox Media, owner of The Verge and other websites, is acquiring Revere Digital, the company that owns technology ...
The Vox Media-Re/code deal, explained by Vox Media's CEO  Vox
Vox Media buys Recode in all-stock deal  Financial Times