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U.S. markets news

GDP Numbers Reveal Underlying Momentum, Possible Headwinds for US Economy
WASHINGTON—Consumer, business and government spending helped propel better-than-expected U.S. growth in the second quarter of the year, a hopeful sign for an economy buffeted by overseas turmoil and sharp gyrations in equity markets.
US stocks rise after world markets rebound  The Week Magazine
US economy grew 3.7 percent in second quarter  Washington Post (blog)
USA TODAY  
10 places where renting a home beats buying
Existing home sales increased between June and July, with July sales 10.3% higher than they were just a year earlier, according to the National Association of Realtors.
Pending Home Sales Index Rises  Wall Street Journal
Pending home sales rise in July  Reuters
Rally fades as close approaches, stocks up about 1%
U.S. stocks attempted a bounce for a second consecutive day on Thursday, amid continued signs of strength in the U.S. economy, following the recent plunge in global markets that sent the major averages into correction territory.
The Stock Market's Brewing 'Battle Royale'  Wall Street Journal (blog)
Wall Street Turmoil: Stock Market Extends Gains After Huge Rally  NBCNews.com
Walmart starts holiday shopping season way early
With Christmas still almost four months away, Walmart is looking to get a jump on the season by starting its holiday layaway tomorrow - two weeks earlier than last year.
Wal-Mart thinks the Christmas season starts now  MarketWatch
Christmas in August: Wal-Mart's Holiday Layaway Comes Early  Wall Street Journal
US consumer confidence shows sharp rebound in August to highest reading in 7 ...
WASHINGTON - U.S. consumer confidence rebounded in August to the strongest reading in seven months after having fallen sharply in July.
The Conference Board Consumer Confidence IndexB. Rebounds  CNNMoney
Conference Board: Consumer Confidence Rebounded in August  Shopfloor
Tiffany forecasts surprise decline in full-year profit
Luxury jeweler Tiffany & Co forecast a surprise decline in full-year profit and reported an unexpected fall in second-quarter sales as a strong dollar discouraged tourist spending in the United States and reduced the value of overseas sales.
Tiffany & Co. (TIF) Is Down After Weaker Than Expected Q2 Profit  RTT News
Oxford Dictionaries adds 'manspreading,' 'butt-dial,' and 'cat cafe'
Cue the "mic drop" because Oxford Dictionaries introduced new words on Wednesday. The list gives legitimacy to the acceptable time of day to start drinking, known as "beer-o-clock," and finally acknowledges that "awesomesauce," can be used to describe ...
There's a word for that? Yep, certainly is ... now  New Zealand Herald
Mic drop, awesomesauce, and pwned among new words added to ...  CTV News
McDonald's rejects Burger King's offer to make a McWhopper
Today is National Burger Day, but there is probably no joy in Burger King-ville after McDonald's rejected the hamburger chain's offer to join forces - and burgers - for one day of peace.
Make this spicy jalapeno burger on a cheese bagel for dinner tonight  Los Angeles Times
Can't we all just get along? Give peace, McWhopper a chance  Salt Lake Tribune
UPDATE 5-Schlumberger to buy oilfield gear maker Cameron in $14.8 bln deal
... * Offer values Cameron at $66.36 per share, or $12.74 bln. * Combined company pro-forma 2014 revenue would be $59 bln. * Deal should allow Schlumberger to grow market share-analyst.
Schlumberger buys US firm in $US12.7b deal  The Australian (blog)
California water use drops 31.3 percent in July, beating target
SAN FRANCISCO Aug 27 Drought-stricken California cut water use by 31.3 percent during July, exceeding a government mandate to reduce consumption by 25 percent for a second consecutive month, the State Water Resources Control Board said on ...
Big month for conservation: Californians cut water use by 31% in July  Los Angeles Times
Officials: California cities cut water use by combined 31 percent in July ...  Washington Post