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U.S. markets news

Callaway: This time Nasdaq 5000 is different
WASHINGTON, D.C. - Told ya the Nasdaq was a buy at 5000. OK, so it took 15 years, two presidencies, a couple of wars, a tech bubble collapse, a massive terrorist attack, a global financial crisis, and the rise and fall of reality TV.
Wall St. rallies; Nasdaq hits highest level since 2000  Reuters
Nasdaq 5000: index passes dot-com milestone after 15 years  Washington Post
Bloomberg  
Whitney Tilson Has Made $1.4 Million Shorting Lumber Liquidators
Whitney Tilson, the public hedge fund face behind the controversy currently sinking Lumber Liquidators, has only made paper gains of about $1.4 million off of his high-profile bet against the company.
Lumber Liquidators 'Stands by Every Plank.' Should You?  NBCNews.com
Lumber Liquidators Falls 25 Percent After '60 Minutes' Story  Bloomberg
Dot-Com Deja Vu: Nasdaq Tops 5000, Approaching Record High
The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.
Nasdaq tops 5000, approaching record high  STLtoday.com
Nasdaq Nearing Record High  The Epoch Times
Weak US consumer spending points to slower first-quarter growth
WASHINGTON (Reuters) - U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline.
Consumer Spending Rose In January After Adjusting For Low Gas Prices  Times Record
US consumer spending, adjusted for inflation, rose in Jan.  Chron.com
Gross: Nasdaq 5K represents a 'bit of a bubble'
Bill Gross on Monday said the Nasdaq hitting 5,000 represents "a little bit of a bubble" in some technology stocks, including those that are up 10 percent and 15 percent year to date.
Bill Gross Says He's Got Up To Four Years To Re-Establish Record  Financial Advisor Magazine
Bill Gross: Hunker Down for Global Currency War  ThinkAdvisor
JOHN BOLTON: Hillary Clinton's response to Obama's Keystone veto
Experienced vote counters do not believe that either the House or the Senate will muster the two-thirds majority necessary to override President Obama's veto of the Keystone XL pipeline bill.
OVERNIGHT ENERGY: Senate override vote on Keystone veto expected Thursday  The Hill
More Keystone Spin  FactCheck.org
Manufacturing Pulls Back, But ISM Signals Stronger Growth Ahead
Manufacturing growth eased in February, a key index showed Monday, but some evidence points to temporary factors. The Institute for Supply Management's index fell 0.6 point to 52.9, the slowest rate of growth since the weather-weakened January 2014.
Growth in metals and fabricated metals product sectors help US manufacturing ...  SteelOrbis (subscription)
US manufacturing slows as output and hiring weaken  Worcester Telegram
Buffett questions putting activist on GM board
DETROIT, March 2 (Reuters) - Berkshire Hathaway Chief Executive Warren Buffett, one of the largest shareholders in General Motors Co, said on Monday he would be wary of putting former U.S.
Warren Buffett: Elizabeth Warren is angry and demonizing  USA TODAY
What Buffett's anti-banker rant might have been about  Fortune
Michael Jordan joins billionaires' club
Michael Jordan, considered the best basketball player of all time, has just joined the billionaires' club. Jordan is one of the 290 newly-minted billionaires on Forbes' annual list of the world's richest people.
Billionaires and basketball: Michael Jordan joins Forbes rich list, Bill ...  Sydney Morning Herald
Gates tops Forbes rich list; four LIers make the cut  Newsday
Mobile wallet space heats up as PayPal buys Paydiant
PayPal is purchasing startup Paydiant to strength its mobile wallet offerings as competition in the space grows. PayPal didn't disclose how much it is paying for the Wellesley, Massachusetts, company, which has a platform that companies can use to build their ...
PayPal is now officially a thorn in Apple's side  Quartz
PayPal is buying mobile wallet maker Paydiant to take on Apple Pay  The Verge