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U.S. markets news

Federal agency finds that debit card purchases of less than $24 produce large ...
WASHINGTON - The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought.
Banks Face Hit on $30 Billion in Overdraft Fees From CFPB Rules  Businessweek
Regulators Still Find Problems in Overdraft Fees  New York Times
Los Angeles Times   Related articles »  
Stamford's WWE To Cut 7 Percent Of Its Staff
Investors cheered quarterly results Thursday from World Wrestling Entertainment Inc. that exceeded expectations and announced it would cut 7 percent of its workforce as part of a push to increase profitability.
WWE announces international expansion, change in price point for WWE Network  Philly.com (blog)
WWE Fires 7% as Business Implodes  24/7 Wall St.
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4 things Target's new CEO Brian Cornell needs to do
Newly appointed Target CEO Brian Cornell has a strong reputation and proven track record of success. He comes to the troubled retailer with experience in both retail and consumer products, most recently serving as CEO of PepsiCo Americas Foods.
Did Target Pick The Right CEO?  Twin Cities Business Magazine
What New CEO Brian Cornell Must Do To Succeed At Target  Forbes
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Global markets tank on Argentina debt default, other fears
Financial markets went into a tailspin Thursday after Argentina defaulted on its debt, raising fears among skittish investors already fretting over weak corporate earnings growth, rising interest rates and an aging bull market.
Meet the billionaire hedge-fund manager who pulled Argentina into default  Washington Post
Argentina trustee declares nonpayment on bonds  MarketWatch
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Stocks look set to end July with whimper
All the major indexes fell in early trading Thursday and gave back almost all the gains they made in July. The Dow, S&P 500 and Nasdaq are all down almost 1%, with the Dow dropping 130 points.
US STOCKS-Futures slump; Dow, S&P may turn negative for July  Reuters
Dow down nearly 300 points  KXLY Spokane
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How states fared on unemployment benefit claims
Applications for U.S. unemployment benefits rose last week, but they remain close to pre-recession averages. The Labor Department said Thursday that applications for jobless aid increased 23,000 to a seasonally adjusted 302,000.
US jobless aid applications rise to 302000  TwinCities.com-Pioneer Press
Applications for US unemployment benefits increase to 302k; still at pre ...  Daily Item
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Americans Borrowed Less for College Last Year
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Students and families are borrowing less for college  Marketplace.org
Parents, you're paying for college wrong  Business Record
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Wages finally rising, which could force Fed to hike
WASHINGTON (MarketWatch) - This is the good news we've all been waiting for: Wages are finally rising. And that means the economy is getting strong enough for the Federal Reserve to at least consider raising short-term interest rates to a normal level.
A Fed-Friendly Portfolio  Wealth Daily
The Fed's Wage Watch  Wall Street Journal (blog)
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Cabot Corp. Becomes Oversold (CBT)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index ...
Starbucks Takes Warren Buffett's Advice to Heart  Motley Fool
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Brazil's Real Leads Global Currency Losses as Argentina Defaults
Brazil's real led losses among global counterparts as Argentina missed a payment on its bonds and speculation grew that the Federal Reserve will keep paring a stimulus program that has bolstered emerging markets.
Brazil's AmBev gets earnings boost from World Cup  MarketWatch
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