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U.S. markets news

Wanted: A Government to Claim Apple's Taxes
Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.
Tim Cook responds to $14.5B Irish tax bill with open letter, says decision ...  AppleInsider (press release) (blog)
EU hits Apple with $14.6 billion tax bill  CNNMoney
Wall Street Journal  
Fed's Fischer Says Negative Rates Seem to Work in Today's World
Federal Reserve Vice Chairman Stanley Fischer said negative interest rates seem to be working in other countries, while reinforcing that they aren't on the table in the U.S.. While the Fed isn't “planning to do anything in that direction,” the central ...
Treasury yields inch lower as oil, stocks lose ground  MarketWatch
Euro zone bonds edge lower as US rate hike expectations grow  Reuters
Consumer Confidence in U.S. Climbs to an Almost One-Year High
Consumer confidence increased to an almost one-year high in August as Americans became more optimistic about the labor market, according to a report from the New York-based Conference Board on Tuesday.
Consumer confidence hits12-month high in August  USA TODAY
US Consumer Confidence Climbs to Highest Level in Nearly a Year  Wall Street Journal
Hershey's Failed Deal Renews Image as a Company Not for Sale
The latest failed acquisition of Hershey Co. has renewed the chocolate maker's reputation as a company that can't be bought.
Wall St. Wobbles in Summer Doldrums  New York Times
US stocks are mostly lower as investors wait for jobs report  U.S. News & World Report
France urges halt to EU-US trade talks
A sign against the Transatlantic Trade and Investment Partnership (TTIP) free trade agreement is pictured in Frankfurt, Germany, July 21, 2016.
France wants halt to 'imbalanced' EU-US trade deal talks  Washington Post
The French government wants the EU to stop trade talks with the US  Business Insider
US Home Prices Continued Strong Gains in June
Home prices continued to make strong gains in June, as continued price run ups put a damper on demand. The S&P CoreLogic CLGX 0.07 % Case-Shiller Indices, covering the entire nation, rose 5.1% in the 12 months ended in June, identical to the increase ...
Metro Detroit housing prices rise but still 15% off peak  Detroit Free Press
Home Price Gains In June Concentrated In South And West According To The S ...  PR Newswire (press release)
Buffett's Berkshire Hathaway buys more Phillips 66 stock
OMAHA, Neb. (AP) - Berkshire Hathaway has continued adding to its 15 percent stake in oil refiner Phillips 66. Warren Buffett's company said in a regulatory filing Monday that it bought another 83,466 shares to give it roughly 79.6 million shares of ...
Why Has Buffett's Berkshire Upped its Stake in Phillips 66?  Investopedia
Happy birthday, Warren Buffett! Here's another $2 million  CNBC
Mitsubishi says overstated mileage for more vehicle models
Mitsubishi Motors Corp's Chairman and Chief Executive Officer Osamu Masuko (L) and Head of Research and Development Mitsuhiko Yamashita bow their heads to apologize over the company's mileage scandal at a news conference in Tokyo, Japan ...
Mitsubishi Motors Halts Sales of Some Models as Fuel-Economy Scandal Spreads  Wall Street Journal
Mitsubishi Overstated Its Mileage For 8 More Models, Japan Says  Fortune
Ritchie Bros. (RBA) Stock Surges on $758 Million IronPlanet Deal
Ritchie Bros. (RBA) agreed late yesterday to buy the e-commerce site IronPlanet, backed by Caterpillar (CAT), for $758 million. Annie Palmer.
Ritchie Bros. Auctioneers - Growth Story In Niche Market Makes A Nice Deal  Seeking Alpha
Caterpillar (CAT) Inks Strategic Alliance with Ritchie Bros.  Yahoo Finance
U.S. stocks higher after inflation and consumer data, oil down nearly 2%
At 15:08GMT, or 11:08AM ET, the Dow 30 jumped 105 points, or 0.57%, the S&P 500 rose 11 points, or 0.50%, while the tech-heavy Nasdaq Composite gained 12 points, or 0.22%.
A Call to Keep The Fed's Balance Sheet Big Tops This Week's Economic ...  Bloomberg
Jackson Hole Saturday, When the Real Hyperinflationary Fireworks Occurred  Gold Seek