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U.S. markets news

CBO Sees Wider U.S. Deficit as Slower Growth Cuts Revenue
The budget deficit in the U.S. this year will be wider than predicted four months ago as weaker-than-expected economic growth in the first half hurt tax revenue, the Congressional Budget Office said.
US CBO: slightly higher 2014 deficit on lower corporate taxes  Reuters
US Economy Forecast to Grow by 1.5 Percent in 2014  ABC News
Washington Post (blog)   Related articles »  
Whopper Reason Shareholders Should Hate Inversions? (Hint, It's Not About ...
Sure, Burger King is going Canadian, but it's only one of dozens of American companies doing inversions or at least eyeing the border.
Tim Hortons Put Leaves Holders With Indigestion: Canada Credit  Businessweek
Burger King buying Tim Hortons to avoid paying US taxes is legit because it ...  New York Daily News
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IMF Chief Christine Lagarde placed under formal investigation in French fraud ...
French authorities placed the chief of the International Monetary Fund under official investigation on Wednesday. Christine Lagarde, 58, is being questioned over her role in a 400-million-euro ($531 million) payment to business tycoon Bernard Tapie in 2008.
IMF's Lagarde put under investigation in French fraud case  Fox Business
IMF chief Christine Lagarde placed under investigation in �400m fraud and ...  Telegraph.co.uk
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Mortgage Applications Rise in Latest Week
NEW YORK - Applications for U.S. home mortgages rose last week as demand for both refinancing and purchase loans increased, an industry group said on Wednesday.
U.S. Mortgage Application Volume Up  NASDAQ
HSH.com Weekly Mortgage Rates Radar: Mortgage Rates Steady This Week  PR Web (press release)
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Stocks turn lower as S&P 500 dips below 2000
Stocks turned lower in early trading Wednesday as the S&P 500 dipped back below 2000 a day after closing above the milestone for the first time ever.
U.S. Stocks Fluctuate as S&P 500 Index Trades Near 2000  Bloomberg
S&P 500 edges up, rising further above 2000; Tiffany leads  MarketWatch
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RadioShack in talks on cash lifeline
The troubled electronics retailer is in talks with Standard General, which holds more than 10% of RadioShack shares, to give it a cash infusion, sources familiar with the talks have told CNN.
RadioShack Shareholder Lifeline in Sight as Cash Dwindles  Bloomberg
Standard General Eyes RadioShack Rescue  FINalternatives
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Upscale Tiffany gains shine from its lower-cost jewellery
Upscale jeweller Tiffany & Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions.
UPDATE 1-Jeweler Tiffany raises full-year profit forecast  Reuters
Why Tiffany's (TIF) Stock Is Rising In Pre-Market Trading Today  TheStreet.com
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Europe shares ease, Asia higher after S&P record
Add comment. Europe shares ease, Asia higher after S&P record. Originally published: August 27, 2014 9:23 AM Updated: August 27, 2014 9:23 AM By ELAINE KURTENBACH.
Asia shares higher following Wall Street record close  The Malay Mail Online
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ECB speculation drives down yields, weighs on euro
LONDON (Reuters) - Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation.
Draghi Soothes Bond Market After Summer of Strife  Businessweek
European Stocks Pause on Weak Economic Data and ECB Stimulus Hint  Wall Street Journal
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American Airlines pulls its flights from Orbitz amid fee spat
American Airlines AAL has removed its flights from online booking sites run by Orbitz Worldwide OWW as the two companies battle over booking fees.
American, US Airways Pull Business from Orbitz  TravelPulse
American Airlines pulls airfare listings from Orbitz over fee dispute  The Guardian
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