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U.S. markets news

McDonald's U.S. president, key architect of transformation, to leave at year-end
Mike Andres, the president of McDonald's U.S. business and a key architect of the fast food giant's attempt to transform itself through initiatives like all-day breakfast, will leave the company at the end of the year.
McDonald's taps relative outsider to lead key US business  U.S. News & World Report
McDonald's US Chief Mike Andres to Retire  Wall Street Journal
Musk Promises Major Upgrade In Tesla Autopilot's Ability To 'See'
Elon Musk said Wednesday he's soon going to make good on a promise to upgrade Tesla Motors' TSLA +0.34% semi-automated Autopilot driving system.
Musk Talked Merger With SolarCity CEO Before Tesla Stock Sale  Bloomberg
Tesla Motors: We're Going to Need to Sell More Stock, Again  Motley Fool
Why the Fed probably won't like the jobs report Friday
August has disappointed the market nine of the last 12 years and is usually followed by substantial revisions. Jeff Cox | @JeffCoxCNBCcom.
Jobs report seen as key to Fed rate decision  USA TODAY
ADP predicts solid jobs increase  HousingWire
After Apple, EU May Focus on Companies Closer to Home
Commissioner Margrethe Vestager may be tempted to train her fire on European companies. Multinational companies can expect the European Commission to press on with a crack down on sweetheart tax deals after handing Apple a breathtaking demand ...
US accuses EU of grabbing tax revenues with Apple decision  Reuters
A Tax Expert Rips Tim Cook's EU Letter Apart Point By Point  Fast Company
Energy drags Wall St. lower; S&P down slightly in August
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 31, 2016. REUTERS/Brendan McDermid.
Stocks Drift Lower as Energy Shares Fall with Oil Prices  Wall Street Journal
Stocks close lower as energy lags; S&P snaps 5-month winning streak  CNBC
White House Announces Members of Puerto Rico Oversight Board
The seven-member board tasked by President Barack Obama with resolving Puerto Rico's debt crisis will include a former federal judge who oversaw three of the largest corporate bankruptcy cases in U.S.
Puerto Rico's Fiscal Affairs Will Be Overseen by 7 Experts in Finance ...  New York Times
Puerto Rico oversight board appointed  Reuters
IMF May Lift Argentina Censure by November After Praising Revamp
The International Monetary Fund said on Wednesday it will probably lift its censure on Argentina by November after praising the statistics agency for correcting inaccuracies in its economic data.
Argentina budget to forecast 3.5 percent 2017 growth: Senate leader  Reuters
IMF says it could lift Argentina censure in November  Yahoo News
Social Security and reverse mortgages
According to the Social Security Administration, you may start receiving Social Security income at age 62. But if you delay enrollment until age 70, your monthly Social Security income will be significantly higher.
Keep private investors away from Social Security
Vedder: We need to restore faith in Social Security  Chippewa Herald
Nigeria Recession 2016: Economy Slumps As Oil Woes Continue
The country's economy contracted by 2.06 percent in the second quarter, between April and June, this year, according to figures from the Nigerian Bureau of Statistics (NBS).
Weak major economies dampen hopes of a rising Africa  The Globe and Mail
Africa's biggest economy officially enters recession  The Providence Journal
Monsanto's Climate Corp seen profitable by 2020: CTO Fraley
BOONE, Iowa (Reuters) - Monsanto Co's digital agriculture platform should begin generating revenue for the seed and chemical company by 2020 as paid subscriptions for data-driven farm management and planting advice services expand, a top executive ...
US Sues to Stop Deere From Buying Precision Planting  Fortune
Justice Department Challenges Deere's Planned Deal With Monsanto  Wall Street Journal