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U.S. markets news

Unemployment rates fall in 31 US states in September
WASHINGTON: Unemployment rates fell in 31 US states in September, including in many where incumbent governors and senators face tough re-election campaigns.
Unemployment rates fall in 31 states in September  The Times-Picayune -
State Jobless Rates Indicate Less Labor Market Slack  U.S. News & World Report
Albany Business Review   Related articles »  
Top Subprime Mortgage Firm Accused of Abuses
The nation's largest servicer of subprime mortgages has engaged in abuses that could potentially harm hundreds of thousands of borrowers, according to the New York Superintendent of Financial Services.
Ocwen Slammed by New York Regulator  Wall Street Journal
UPDATE 3-Ocwen shares slide after NY finds backdated foreclosure letters  Reuters
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Existing home sales for September surge to fastest pace of 2014 (+video)
Existing home sales rose 2.4 percent to an annualized pace of 5.17 million in September, according to the National Association of Realtors.
Sales of existing homes hit fastest pace in a year  MarketWatch
US existing home sales rise in September  Finance and Commerce
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Global shares rally on US tech earnings, ECB purchase plans
NEW YORK (Reuters) - A measure of global equity markets advanced on Tuesday as technology earnings lifted U.S. shares and the prospect of European Central Bank corporate bond purchases boosted European stocks, while weighing on safe-haven U.S.
S&P 500 Rallies for 4th Day on European Stimulus, Apple Profit  Bloomberg
STOCKS ARE SURGING - DOW UP 185, NASDAQ UP 2%  Business Insider
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Legal petition seeks NY ban on outdated rail tankers carrying volatile North ...
ALBANY, N.Y. - A coalition of environmental groups and city residents has filed a legal petition seeking a ban on older model rail tanker cars carrying volatile crude oil from North Dakota to the Port of Albany.
Fed Measures on Crude Oil Fall Short, Put Hudson River at Risk  Huffington Post
Legal petition seeks NY ban on outdated rail cars (subscription)
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Staples in Northeast likely breached with 'more to come'
SAN FRANCISCO - The office supply chain Staples is investigating a possible breach of credit card data, a company spokesman said Tuesday.
Staples says it's probing potential credit-card data breach  PropertyCasualty360
Staples Is Latest Retailer Hit by Hackers  New York Times (blog)
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McDonald's Chalks Up Its Very Bad Year to Widespread Misunderstandings
McDonald's is having a very bad year, and executives believes at least part of the blame is that the world's biggest burger chain is misunderstood.
How McDonald's is changing its menu to try to revive its flagging sales  Washington Post
McDonald's Profit Plunges on US, China Woes  Wall Street Journal
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Dan Loeb talks up Amgen stake; shares rise
Hedge fund manager Dan Loeb recommended Amgen's stock on Tuesday, causing its shares to rise about 4 percent on the news. Loeb, head of hedge fund firm Third Point, spoke of the company at the Robin Hood Investors Conference in New York.
Loeb's hedge fund Third Point bets on eBay, Amgen, Alibaba, exits Sony  Reuters
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Not Lovin' It: 'Old Fast Food' Battles to Stay Relevant
Wall Street punished McDonald's (MCD) and Coca-Cola (KO) on Wednesday after both posted disappointing quarterly results. Shares of both blue chips plummeted 2% and 5% respectively.
Why Coca-Cola shares aren't suffering even more  CNBC
Coca-Cola, McDonald's report falling profits  New York Daily News
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Chinese GDP figures weakest in five years
Is China's economy finally cooling off? Statistics released Tuesday said China's gross domestic product grew by 7.3 percent during the third quarter.
Mixed Economic Signals From China  New York Times
Is the Chinese Economy About to Fall Off a Cliff?  The New Yorker
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