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New home sales rise; consumer confidence at seven-month high

a shared story    5 days 6 hours 47 minutes ago
WASHINGTON (Reuters) - New U.S. single-family home sales rebounded in July and consumer confidence increased to a seven-month high in August, pointing to underlying strength in the economy that could still allow the Federal Reserve to raise interest rates this year.  



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Wall Street poised to rebound after global market rout

a shared story    5 days 10 hours 47 minutes ago
(Reuters) - U.S. stocks looked set to rebound sharply on Tuesday as investors seek out bargains a day after Wall Street turned in its worst performance in four years.  



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China cuts interest rates in new bid to spur economy

a shared story    5 days 12 hours 47 minutes ago
BEIJING (AP) -- China has cut interest rates for fifth time in nine months in a new effort to shore up slowing economic growth.... 



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China cuts rates, reserve ratio to aid economy as stocks sink

a shared story    5 days 12 hours 47 minutes ago
BEIJING (Reuters) - China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe....(more) 



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The six Cs of the China stock slump

a shared story    5 days 15 hours 47 minutes ago
Breaking down China's stock market slump 



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London shares shrug off Chinese woes

a shared story    5 days 16 hours 47 minutes ago
London shares rebound at the start of trading, despite another night of steep falls for the Chinese stock market. 



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Asian shares bounce off three-year lows while China's suffering goes on

a shared story    5 days 16 hours 47 minutes ago
TOKYO (Reuters) - Volatile global markets showed signs of a respite from the recent blood-letting on Tuesday, as bargain hunters helped Asian stocks off three-year lows hit on fears that China's economy was risking a hard landing, with Chinese shares losing another 5 percent.  



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Oil prices edge up but market remains cautious as Asian stocks keep tumbling

a shared story    5 days 21 hours 47 minutes ago
SINGAPORE (Reuters) - Crude oil markets edged up but remained near 6-1/2-year lows on Tuesday, following a session that saw prices fall as much as 6 percent after a Chinese equities rout sent global markets into a tailspin.  



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Survey: Most economists say Fed will raise rates in 2015

a shared story    6 days 11 hours 47 minutes ago
NEW YORK (AP) -- The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday.... 



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China fears wipe quarter of a trillion euros off Europe's blue-chips

a shared story    6 days 12 hours 47 minutes ago
LONDON (Reuters) - European stocks slumped on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low.  



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Stock futures slump as Chinese stock rout deepens

a shared story    6 days 12 hours 47 minutes ago
(Reuters) - U.S. stock index futures fell sharply on Monday as alarm bells rang across world markets following a more-than 8 percent drop in Chinese shares and a steep fall in commodity prices.  



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BT Sport wins Ashes cricket TV rights

a shared story    6 days 15 hours 47 minutes ago
Broadcaster BT Sport says it has secured the live rights to the 2017-18 Ashes cricket series as part of a five-year deal with Cricket Australia. 



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