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U.S. markets news

Fed likely to end bond-buying program in October
The Federal Reserve's trillion-dollar effort to shore up the American economy is likely to come to an end in October, closing the books on a bold but controversial experiment that has tested the limits of the central bank's power.
Selected highlights from the Fed minutes  MarketWatch
Fed mulls policy exit, eyes end of asset purchases  Chicago Tribune
Economic Times   Related articles »  
Dov Charney's Sleazy Struggle for Control of American Apparel
When I first reach Dov Charney on June 24, he's scrambling to raise money, find a partner, try anything to get his company back.
Hedge fund to give American Apparel a lifeline  Los Angeles Times
UPDATE 4-American Apparel strikes deal with largest shareholders  Reuters
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GLOBAL MARKETS-Asia stocks rise on Fed relief, dollar dips
... * Asia up as Wall St rises with Fed in no hurry to end QE. * Dollar on defensive against euro, yen on lower yields. * Focus on China trade data at 0200 GMT.
Dollar slips on Fed minutes, Aussie eyes jobs test  CNBC.com
Asia stocks rise on Fed relief, dollar dips  Zee News
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Research Shows US Students 'Average' in Terms of Financial Literacy
Andreas Schleicher, head of PISA, said one issue is that �math education hasn't adapted to the changes of the world.� WASHINGTON - American education must evolve to ensure that students are better able to navigate an increasingly complex financial ...
American teens can't read a pay slip  MarketWatch
Kiwi teens better than average when it comes to money  New Zealand Herald
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The wrong folks get billions in tax dollars
The federal government is continuing to dole out billions of dollars to people who shouldn't get them. A government watchdog agency said an estimated $106 billion in payments were made in error last year: meaning they were the wrong amount, went to the ...
CAGW to Federal Government: Cut Improper Payments  Fort Mills Times
Improper payments by federal government top $100B  seattlepi.com
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California said to share in US mortgage settlement with Citigroup
California will share in the U.S. Justice Department's multibillion-dollar settlement with Citigroup Inc. over defective mortgage investments the Wall Street giant peddled during the housing boom, according to people briefed on the negotiations.
Holder won't meet with Bank of America on home-loan settlement  News & Observer
Holder won't meet with BofA CEO as mortgage talks stall: sources  Business Insider
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Gartner: Global PC Shipments Up 0.1% In Q2
Worldwide PC shipments grew 0.1% year-over-year to 75.8 million units in the second quarter of 2014, capping eight quarters of declining shipments, preliminary results from market research firm Gartner, Inc. (IT: Quote) showed Wednesday.
PCs see surprising gain in US as global decline slows  CNET
Worldwide PC shipment decline slowed in second quarter  The Seattle Times (blog)
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Sandwich chain Potbelly forecasts weaker-than-expected results
(Reuters) - Sandwich chain Potbelly Corp estimated second-quarter revenue and profit below analysts expectations, hurt by lower-than-expected comparable store sales and higher expenses, mostly for advertisements.
Greenberg: No Surprise in Potbelly's Flop  TheStreet.com
Potbelly shares plunge on lower forecast  Chicago Tribune
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Sun Valley Said to Be on Alert for Drones at Billionaire Enclave
Movie makers, real-estate agents, criminal-defense lawyers and farmers are among at least 68 groups with a newfound political interest in drones, according to Center for Responsive Politics data compiled by Bloomberg.
Allen And Company Annual Meeting Draws Top Business Leaders To Sun ...  Getty Images
Tweets fly as media moguls meet in Sun Valley  USA TODAY
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Zynga names Google executive to board of directors
Reuters/Reuters - The Zynga logo is pictured at the company's headquarters in San Francisco, California April 23, 2014. The social games services provider is scheduled to report first quarter earnings.
Google's Regina Dugan Joins Zynga Board  Re/code
Zynga, Inc. (ZNGA) Names Google Exec to Board  StreetInsider.com (subscription)
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