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U.S. markets news

Autos lift US consumer spending; sentiment slips
WASHINGTON U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve interest rate hike this year.
Fed's Favorite Inflation Gauge Runs Below Target for 39 Straight Months  Wall Street Journal
US consumer spending increases 0.3 percent in July  Christian Science Monitor
ABC 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
Fed's Fischer leaves door open to a September rate hike  USA TODAY
Ashley Madison CEO Noel Biderman Resigns After Hackers Exposed Millions of ...
Noel Biderman's week just got worse. The founder and CEO of Ashley Madison has stepped down amid a hacking scandal plaguing the adultery website, its parent company announced Friday morning.
The CEO of the company behind Ashley Madison is resigning  Washington Post
Ashley Madison owner CEO is stepping down  CNBC
Consumer Sentiment in U.S. Declined in August to Three-Month Low
Consumer confidence declined in August to a three-month low as recent stock-market turbulence weighed on Americans' outlook for the U.S.
Consumer Sentiment Reading Slips in August  Wall Street Journal
Survey: Plunging stock prices hit US consumer sentiment  New Zealand Herald
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
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.
Fed's Kocherlakota: Don't Touch Interest Rates Yet  Fox Business
Fed's Kocherlakota: 2015 rate rise not appropriate
'Flash Crash' Trader Navinder Sarao Denied Extradition Delay
LONDON— Navinder Sarao, the British trader who allegedly contributed to the 2010 stock market “flash crash,” was denied a request to delay his U.S.
'Flash crash' trader extradition hearing to go ahead  BBC News
Accused US "flash crash" trader fails to have UK extradition case ...  Reuters
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
Key Inmarsat rocket flight under way  BBC News