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U.S. markets news

Dow week goes out like a lamb
DAYS AFTER China threw the biggest scare into Wall Street in years, U.S. stocks have come surging back and ended the week on a placid note that suggested the worst may be over for now.
Wall Street ends flat  Independent Online
Wall Street ends flat in quiet end to dramatic week
Columbia Daily Tribune  
China's leaders meet a greater power
Anyone trying to design an event to bring Xi Jinping's China back to Earth couldn't have engineered something much more elegant than the turmoil in China's financial markets and the resulting global aftershocks.
Global stocks climb as US growth offsets China fears  The Guardian Nigeria (satire) (press release) (blog)
Chinese 'mini-stimulus package' may be coming: ex-PBOC adviser  Herald Sun
Exclusive - Arab OPEC producers brace for oil-price weakness for rest of 2015 ...
DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.
Why Saudi Arabia won't cut oil production  CNNMoney
Fed yet to decide on hike; China not a concern: Fischer
Stanley Fisher, Vice Chairman of the US Federal Reserve says the Federal Reserve still has two weeks to decide on rate hike and would wait for the incoming economic data before taking a call.
Show Some Spine, Federal Reserve  New York Times
FOREX-Dollar gains as Fed officials keep door open for Sept hike  Reuters
Twitter's diversity plan: approximately 40 women.
Twitter committed itself Friday to boost the share of female employees from 34% to 35% by next year. In a global workforce of 4,100, that's 41 more women.
Twitter to increase female headcount to 35pc in major diversity push
Twitter's minority staff representation shrinks  USA TODAY
Brazil Recession: GDP Plunges 1.9 Percent in Second Quarter
RIO DE JANEIRO - The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1.9 percent in the second quarter alone, once again throwing the nation into a technical recession.
Posted by Parvez Jabri  Business Recorder (press release) (blog)
Brazil falls deep into recession  CNNMoney
July consumer spending up 0.3%
Shoppers look at cosmetics in a Target store in Boston earlier this month. “The consumer is pretty much chugging along,” one economist noted about July's spending report.
US consumer spending up moderate 0.3 percent in July  Barre Montpelier Times Argus
Consumer spending up slightly  Pueblo Chieftain
Pentagon teams up with Apple, Boeing to develop wearable tech for soldiers
MOUNTAIN VIEW, CALIFORNIA: US Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto ...
Pentagon funding new high-tech venture  Daily Herald
Pentagon to invest $75 million in local tech industry  Mountain View Voice
Boeing shows off its portable drone-killing laser
The US government and military have identified a new threat in modern day warfare: commercial drones adapted to carry explosives or chemical weapons.
Boeing's laser hunts for drones  Computerworld India
Boeing's new laser canon can destroy drones in mid-flight  Business Insider
Investors hoping Icahn can bring sale of energy assets
Carl Icahn, who revealed an 8.5% stake in downtrodden Freeport McMoRan (FCX +2.7%) late yesterday, is "one of the best instinct investors of all time and often invests at the right point in a cycle,” according to 13D Monitor, and investors appear to ...
What the Chart's Show About Carl Icahn's Stake in Freeport-McMoRan