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U.S. markets news

Fed Official Fischer Leaves Door Open for September Rate Increase
JACKSON HOLE, Wyo. - The Federal Reserve may still go ahead and raise its benchmark interest rate in mid-September, Stanley Fischer, the Fed's vice chairman, said Friday.
Two-Year US Bond Yield Approaches 2015 High on Fed Fischer Comments  Wall Street Journal
Wall Street slips after Fischer's remarks  Reuters
USA TODAY  
Ashley Madison group chief Noel Biderman quits after data breach
The chief executive of Avid Life Media, the parent company of adultery website Ashley Madison has stepped down, following the catastrophic data breach that exposed the personal data of millions of customers.
Eugene Hoshiko/AP  VICE News
AshleyMadison chief steps down a week after hack  Chicago Tribune
American Consumers Keep Spending, Largely Dismiss Stock Slump
Americans kept spending in July, and sentiment barely wavered this month as stocks plunged, keeping intact prospects that consumers will continue to drive growth.
Consumer Sentiment Reading Slips in August  Wall Street Journal
Consumer sentiment declines in August to three-month low  Chicago Tribune
Fed's Favorite Inflation Gauge Runs Below Target for 39 Straight Months
Weak inflation continues to complicate things for the Federal Reserve as it weighs whether the economy is healthy enough to begin raising short-term interest rates.
Autos lift US consumer spending; sentiment slips  Reuters
US consumer spending increases 0.3 percent in July  Christian Science Monitor
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.
Defense Dept. turns to Apple, Lockheed Martin for wearable tech  CNET
Apple is helping the U.S. defense department develop wearable tech  PCWorld
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  gulfnews.com
Fed's Kocherlakota Says Open To More Stimulus Measures
Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Friday he'd likely support additional stimulus measures from the U.S.
Gold Climbs as Fed Leaves Open Possibilty of More Stimulus  Bloomberg
Fed's Kocherlakota: Don't Touch Interest Rates Yet  Fox Business
UPDATE 1-US oil drillers add rigs for the 6th week in a row -Baker Hughes
(Updates throughout, adds comment). By Jarrett Renshaw. NEW YORK Aug 28 (Reuters) - U.S. energy firms added one oil rig this week, the sixth consecutive week of increases even as U.S.
US oil rig count rises for a 6th straight week  Business Insider
Here comes the Baker Hughes rig count ...  Business Insider Australia
For OPEC, this year's painful oil slump will bring gains in 2016
LONDON - While OPEC's fight to snatch market share from rival oil producers might look like a costly failure as prices languish below $50 a barrel, an entirely different picture could emerge next year.
Arab OPEC producers brace for oil-price weakness for rest of 2015  Times LIVE
Inmarsat launches latest satellite for faster internet network
Inmarsat, the UK's biggest satellite operator, launched a spacecraft on Friday that it believes will offer customers faster internet connections at far lower costs than previously possible.
Russia's Proton rocket flights resume with Inmarsat satellite  Reuters
Russia launches Proton rocket with British satellite  Business Standard