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U.S. markets news

Fed says rate hike next month hinges on market volatility
JACKSON HOLE, Wyo. The U.S. Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.
Dollar Headed For Strong End to Week on Fed Comments  Wall Street Journal
2-year yield nears 2015 highs on Fischer comments  CNBC
Washington Post (blog)  
Why Saudi Arabia won't cut oil production
Nine months after OPEC decided to leave its production target unchanged and pursue market share instead of trying to prop up prices, the group is facing a set of complex problems and decisions going forward.
EXCLUSIVE-Arab OPEC producers brace for oil-price weakness for rest of 2015  Reuters
Arab OPEC producers brace for oil-price weakness for rest of 2015  Times LIVE
Twitter sets employee diversity targets
The Twitter workforce is 34% female. By next year, the social media site wants to boost that number to 35%. The modest goal is among several diversity objectives at Twitter that the tech company announced Friday, marking its first time publicly ...
Twitter Sets Goals to Increase Diversity  Wall Street Journal (blog)
Twitter aims high with new diversity hiring targets  USA TODAY
Focus turns to US data as China slowdown looms
NEW YORK After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S.
Week Ahead: August Jobs Report and Fed Watching  Fox Business
Watching and waiting at the US Federal Reserve  Financial Times
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.
Dilma Rousseff vs Left vs Right  The Indian Express
Brazil's economy slips into recession  Financial Times
Defense Secretary Ashton Carter courts tech leaders in Silicon Valley
Defense Secretary Ashton Carter touched down Friday at Moffett Federal Airfield for his second appearance in four months to reassure Silicon Valley that the Pentagon views the region as an essential part of national defense.
Apple teams up with the Pentagon to make military wearables  Christian Science Monitor
Apple and Boeing partner with DoD on wearables initiative  Fortune
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
Walmart Kicks Off Toy Season Two Weeks Early
Walmart is looking to get in front of what toy industry experts say might be the best year in a decade. The retailer has rung the bell on the 2015 holiday season, kicking off its first-ever Toy Week with a look at what it thinks will be the biggest ...
Christmas shopping season begins ever earlier, like right now  Kansas City Star (blog)
Wal-Mart starts Christmas "Star Wars" sales  Boston Herald
US Oil-Rig Count Rises for Sixth Consecutive Week
The U.S. oil-rig count ticked up by one in the latest week to 675, marking the sixth consecutive week of increases, according to Baker Hughes Inc. BHI 1.24 %. The number of U.S.
Oil drillers increase working rigs in US for sixth straight week  The Australian Financial Review
UPDATE 1-US oil drillers add rigs for the 6th week in a row -Baker Hughes  Reuters
Survey: Plunging stock prices hit US consumer sentiment
WASHINGTON (AP) - Plummeting stock prices have taken a toll on U.S. consumer confidence, though there are signs the setback may be temporary.
US consumer sentiment slips in August  The Australian
EconomyUS consumer confidence retreat echoes '87 crash  Financial Times