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EBay shares rise 6.6% on news of debit-card ruling

NEW YORK (MarketWatch) — Shares of eBay Inc. jumped 6.6% Wednesday, making a sharp move higher following a report that the Federal Reserve will vote to cut fees that retailers pay to accept debit-card payments to 21 cents, not as deep as anticipated. The debit-card ruling is expected to benefit eBay’s PayPal unit, which is its fastest growing business in terms of revenue. Market Pulse Stories …

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