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U.S. markets news

Americans Step Up Spending
WASHINGTON—Americans continued to step up their spending in July amid a healthy pickup in wages, a sign the economy carried momentum into the third quarter despite turbulence abroad.
WRAPUP 1-US consumer spending rises in July; inflation muted  Reuters
US Consumer Spending up Moderate 0.3 Percent in July  ABC News
CBS News  
Ashley Madison chief Noel Biderman resigns after hackers exposed cheaters
The CEO of cheating website Ashley Madison's parent company is out after hackers exposed the company's database, generating an adulterous worldwide fervor.
Ashley Madison Chief Steps Down After Data Breach  New York Times
CEO of Ashley Madison Parent Steps Down  Wall Street Journal
Consumer Sentiment in U.S. Declined in August to Three-Month Low
Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans' outlook for the U.S.
Consumer Sentiment Reading Slips in August  Wall Street Journal
US consumer sentiment falls in August  Reuters
Apple and Boeing partner with DoD on wearables initiative
New private-public partnership, based in Silicon Valley will be geared to deliver next-generation wearables to the U.S. armed forces.
Apple to work with US defense department on developing wearable tech  PCWorld
Pentagon Teams up With Apple, Boeing to Develop Wearable Tech
Tiffany 2Q results miss Street, stung by strong dollar
NEW YORK (AP) - The strong dollar pressured Tiffany's fiscal second-quarter sales, and its performance missed analysts' expectations.
Tiffany profit misses estimates
Mylan says shareholders back Perrigo takeover
NEW YORK Aug 28 Mylan NV shareholders on Friday backed the drugmaker's hostile bid for Perrigo Co , allowing it to launch a tender offer for the company's shares in the next few weeks.
Deals of the Day: Mylan Shareholders Vote Yes, Icahn's Latest Move  Wall Street Journal (blog)
Google/EU and Walmart's holiday sales — 5 things to know today  Fortune
Scotiabank energy-sector bad loans climb; profit tops estimates
TORONTO Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as the oil price selloff took a toll.
Scotiabank reports $1.847-billion profit; CEO touts positives of cheap oil  Montreal Gazette
Scotiabank Quarterly Profit Meets Expectations  Wall Street Journal
'Flash Crash' Trader Navinder Sarao Denied Extradition Delay
LONDON— Navinder Sarao, the British trader who allegedly contributed to the 2010 stock market “flash crash,” was denied a request to delay his U.S.
'Flash crash' trader extradition hearing to go ahead  BBC News
Accused US 'flash crash' trader fails to have UK extradition case ...  Reuters
Hundreds of thousands go unpaid after HSBC IT glitch
Hundreds of thousands of people have been hit by an IT glitch involving HSBC accounts. The bank said that about 275,000 payments were affected, meaning many people have not been paid ahead of this weekend's bank holiday.
UPDATE 1-Payments glitch at HSBC leaves thousands of Britons without wages  Reuters
HSBC IT glitch leads to payday moans  Channel 4 News
Wild week for markets set to end quietly
NEW YORK A white-knuckle ride for global markets this week looked set to end with a whimper on Friday as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded on a ...
Panicking investors need a timeout on China  Sydney Morning Herald
Q&A About This Week's Market Turmoil in China and Beyond  New York Times