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U.S. markets news

Bank Of America's $16.65 Billion Settlement And The Last Dinosaur Of The ...
Fourteen years ago, Angelo Mozilo, having built Countrywide Credit over three decades into one of the nation's biggest sources of mortgage loans, was quoted in Forbes saying, �now I know � how the last dinosaur felt.
Bank of America to pay record $16.65 billion to settle mortgage claims  Los Angeles Times
Bank of America agrees to nearly $17B settlement  Chron.com
MSNBC   Related articles »  
China PMI points to slowdown in growth
FACTORY activity in China weakened in August to a three-month low, according to a closely watched manufacturing index, undercutting momentum as the world's second-largest economy struggles to find its feet.
Eurozone business growth slows in August, PMI data shows  BBC News
Euro-Zone Business Growth Slows in August  Wall Street Journal
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US housing, jobs data bolster economic outlook
WASHINGTON (Reuters) - U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter.
US Existing-Home Sales Up 2.4% in July  Wall Street Journal
Existing Home Sales Reach Highest Level Since September  Fox Business
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Family Dollar To Dollar General: We're Just Not That Into You
Family Dollar already has a marriage partner, and the company isn't happy with another suitor trying to crash the wedding. After Dollar General Dollar General outbid rival Dollar Tree Dollar Tree in the long-running pursuit of discount Family Dollar, it looked ...
Dollar Store Wars  TheStreet.com
Family Dollar rejects rival's $9.7bn takeover bid  BBC News
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Treasury Bonds Rise Before Fed Chairwoman Yellen's Speech
Treasury bonds strengthened Thursday as investors shrugged off a round of upbeat U.S. economic reports and looked forward to a speech on the labor market by Fed Chairwoman Janet Yellen.
Stocks rise as S&P 500 jumps to new record  USA TODAY
US stocks rise, pushing S&P 500 to intraday record  MarketWatch
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US STOCKS-Wall St to open up after jobless claims data; Jackson Hole ahead
... * Initial claims drop 14,000 from prior week. * Family Dollar rejects Dollar General buyout offer. * Jackson Hole conference to begin.
US STOCKS-Futures edge higher ahead of Jackson Hole meeting, data  Reuters
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Mortgage rates hit 2014 low
The average rate for a 30-year loan now stands at 4.1%, according to Freddie Mac. That was its lowest level since June 2013, when it stood at 3.93%.
US Mortgage Rates Fall With 30-Year at the 2014 Low  Businessweek
Mortgage rates drift along at or near yearly lows  Washington Post (blog)
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Treasurys rise ahead of Jackson Hole
The Teton Mountain Range stands in the background of the annual Jackson Hole economic symposium, sponsored by the Kansas City Federal Reserve Bank.
BOND REPORT: Treasurys Rise Ahead Of Jackson Hole  NASDAQ
Treasurys turn higher as traders digest US data  CNBC
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Russia Steps Up the Pressure on McDonald's
It was a symbol of the thawing of the Cold War and attracted long lines when it opened in 1990. But on Wednesday evening, in what's likely a bout of diplomatic tit-for-tat, the McDonald's in Moscow's Pushkin Square stood empty.
Amid Ukraine tensions, Russia shuts four McDonald's  CBS News
What's Behind Russia's McDonald's Probe?  Boston.com
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UPDATE 2-Sears posts loss for 9th straight qtr as sales fall again
(Adds details; updates shares). Aug 21 (Reuters) - Sears Holdings Corp reported its ninth straight quarterly loss as sales continued to fall and the retailer said it might close more stores than planned this year.
Sears Holdings Posts First-Half Loss of Nearly $1 Billion  New York Times
Disturbing Sears  TheStreet.com
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