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U.S. markets news

Lockhart: Still Significant Slack in the Labor Market
In an interview with FOX Business Network's Peter Barnes, Atlanta Federal Reserve President Dennis Lockhart said Americans shouldn't worry about a recession, despite recent turmoil in global markets.
Federal Reserve says rate hike next month hinges on market volatility  Hindu Business Line
Show Some Spine, Federal Reserve  New York Times
Albany Times Union  
Consumer Anxiety in China Undermines Government's Economic Plans
BEIJING - In recent days, an advice column has circulated widely on China's most popular social media phone app. Titled “Guide on Safe Passage Through the Economic Crisis,” it is aimed at young Chinese urban professionals.
Focus turns to US data as China slowdown looms  Reuters
Paul Gillespie: China's economic challenges have global effect  Irish Times
US stocks close nearly flat after a wild week
U.S. stocks are ending the day little changed at the end of a volatile week. Stocks fell heavily in the first two days of trading this week on concerns about the health of China's economy.
US stocks rebound to log best day in 4 years  Waterbury Republican American
Hong Kong shares give up gains, fall despite China rate cuts  Press Examiner
Exclusive - Arab OPEC producers brace for oil-price weakness for rest of 2015 ...
DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.
Why Saudi Arabia won't cut oil production  CNNMoney
Arab OPEC producers brace for oil-price weakness for rest of 2015  Times LIVE
Twitter's diversity plan: approximately 40 women.
Twitter committed itself Friday to boost the share of female employees from 34% to 35% by next year. In a global workforce of 4,100, that's 41 more women.
Twitter's minority staff representation shrinks  USA TODAY
Twitter Sets Modest Goals to Diversity Its Workforce  ABC News
Secretary of Defense unveils $75-million investment in Silicon Valley venture
Defense Secretary Ashton Carter landed Friday at Moffett Federal Airfield for his second appearance in Silicon Valley in four months to reassure technology industry leaders that the Pentagon views their work as vital to the future of national defense ...
Pentagon takes high-tech road  Pueblo Chieftain
Pentagon to invest $75 million in local tech industry  Mountain View Voice
Brazil falls deep into recession
Its currency is plummeting, unemployment is rising, its stock market is down 20% from a year ago and its president, Dilma Rousseff, has an 8% approval rating -- the lowest since 1992 when Brazil's president was impeached.
Brazil's GDP posts second consecutive contraction  Newsday
Boeing shows off its portable drone-killing laser
The US government and military have identified a new threat in modern day warfare: commercial drones adapted to carry explosives or chemical weapons.
Boeing's new laser canon can destroy drones in mid-flight  Business Insider
Watch Boeing's Portable Laser System Knock Drones Out of the Sky
Russian Rocket Launches Inmarsat Satellite
LONDON—A Russian Proton rocket on Friday launched an Inmarsat IMASY -8.43 % PLC spacecraft to put the British satellite operator on a course to begin operating a global network of high-bandwidth satellites by year-end.
Inmarsat launches third satellite to complete fast global internet  Financial Times
Russia launches Proton rocket with British satellite  The News International
China fears keep markets on edge as stocks rally
Traders work on the floor of the New York Stock Exchange in New York on Friday. (Reuters photo). - +. NEW YORK - Top global markets ended the week Friday largely recovered from China-induced panic selling, but market watchers remain worried the ...
Moody's Forecasts Russian Recession Will Extend Into 2016  RadioFreeEurope/RadioLiberty
On Second Thought, China Slowdown Will Hit Global-Growth Outlook  Bloomberg