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Trader looks at stock prices on a screen while working on the floor of the New York Stock Exchange shortly before the closing bell in New York(Reuters) - U.S. stocks extended their rally on Thursday, raising hopes that the worst of Wall Street's recent turmoil was behind it, after further evidence that the economy was on a solid footing.


8/27/2015 11:22:19 AM

Euro coins are seen in front of a Google logo in this picture illustration taken in ZenicaGoogle Inc has rejected EU antitrust charges that it abused its market power, exposing the company to the risk of a hefty fine if it does not alter its business practices. The company's comments came after the European Commission in April accused it of distorting internet search results to favor its shopping service, harming both rivals and consumers. "Economic data spanning more than a decade, an array of documents and statements from complainants all confirm that product search is robustly competitive," Kent Walker, Google's general counsel, wrote in a blog on Thursday.


8/27/2015 11:54:11 AM

People are seen walking through Roosevelt Field shopping mall in Garden City, New YorkThe U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce Department said on Thursday in its second GDP estimate for the April-June period. The GDP report, which was released in the wake of a global stock market sell-off, should assure investors and cautious Fed officials that the United States is in good shape to weather the growing strains in the world economy.


8/27/2015 9:38:05 AM

Vehicles are shown for sale at a local dealership in San DiegoThis week's fall in equities markets is not expected to have a major impact on August U.S. auto sales, industry consultants J.D. Power and LMC Automotive said on Thursday. The consultancies say monthly auto sales to be reported next Tuesday by major automakers will show a decline of 3.9 percent from a year ago, to 1.52 million vehicles. This is "due to a quirk in the calendar" that pushes results of Labor Day weekend sales into September, JD Power and LMC said.


8/27/2015 11:06:11 AM

People look at the exchange rate at a Moneychanger displaying posters of U.S. dollars, Chinese Yuan and Malaysia Ringgit in SingaporeConcerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday. Yao Yudong, head of the bank's Research Institute of Finance and Banking, said the U.S. central bank should delay any rate hike to give fragile emerging market economies time to prepare. "China's exchange rate reform had nothing to do with the global stock market volatility, it was mainly due to the upcoming U.S. Federal Reserve monetary policy move," Yao said.


8/27/2015 11:43:49 AM
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Here is a quick list of some of the areas we cover: ORANGE COUNTY, LOS ANGELES, SAN BERNARDINO, RIVERSIDE, KERN CO.
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714-493-5069     In Southern California 

           

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      Chantal, Beata, Blyssey                                         

And The Kids Grew Up!!! Go See More Pictures of Their Graduation. Tabs on left hand side towards the bottom.


 


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