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U.S. markets news

Wall St. turbulence returns as weak China data magnifies fear
Turmoil returned to Wall Street on Tuesday after a brief rest, with renewed concerns about China's economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.
Stock Markets Fall as Worries About Global Issues Persist  New York Times
US stocks close down sharply following weak reports in China  Washington Post
Fortune  
You Think the Stock Market Is Crazy? Look at Oil Prices.
Commodity markets are renowned for their booms and busts but the last four days in the crude oil market have even experienced traders wide-eyed.
Oil fund manager Andurand sees crude prices below $30 - FT  Reuters
Oil Traders See Bungee Cord Snap Back in Wild Market Swings  Bloomberg
US Stocks in Sell-Off Again Due to Worries About China
Following more bad news from China, U.S. stocks had another bad day as investors remain jittery over a slowdown in the world's second-largest economy.
Wall Street kicks off stormy Sept: Dow plunges 470 points on weak China data  USA TODAY
Dow sinks over 400 points as weak China data batter US stocks  MarketWatch
UPDATE 2-McDonald's US to add all-day breakfast on Oct. 6
(Adds details on possible impact, industry comment). LOS ANGELES, Sept 1 (Reuters) - McDonald's Corp's U.S. franchisees have voted to begin offering all-day breakfast on Oct. 6, a widely expected move that the company and investors hope will help ...
McDonald's Set to Offer All-Day Breakfast  Wall Street Journal
McDonald's Will Serve Breakfast All Day, Nationwide  TIME
Uber drivers granted class action status in lawsuit over tips
SAN FRANCISCO Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a U.S.
Uber Drivers Suit Granted Class-Action Status  Wall Street Journal
Uber's California drivers granted class-action status — upping ...  USA TODAY
Rosengren sees gradual Fed rate hikes, downplays timing
NEW YORK The Federal Reserve will probably only gradually raise interest rates, irrespective of whether it decides to take the first step a few months earlier or later, a top U.S.
Fed's Rosengren: Global Economic Weakness Argues for Rate Rise Caution  Wall Street Journal
Unclear if central bank will raise rates, Boston Fed chief says  Boston Globe
Factory slowdown puts wrinkle in US growth outlook
WASHINGTON U.S. factory activity braked to a more than two-year low in August, but sturdy gains in automobile sales and construction spending suggested the economy remained on solid footing.
US manufacturing activity slows in August  Sky News Australia
Tale of two ISMs: another reason for the Fed to pause?  Reuters Blogs (blog)
Yahoo's Mayer has 'opportunity' to affect work-life balance
For Yahoo CEO Marissa Mayer, there will not only be a baby watch, but also a maternity leave watch. Still one of the few female CEOs at a major tech company, Mayer had been heralded as a glass-ceiling breaker when she became Yahoo CEO in July 2012 ...
Yahoo CEO Marissa Mayer is expecting twins ... and plans to be back at work ...  New Zealand Herald
Marissa Mayer Remaining Yahoo CEO with Twins on the Way Is a Big Sign of ...  TheStreet.com
PayPal.Me Eliminates Awkward Loan Conversations with Personal URL
Online payment giant PayPal (PYPL - Snapshot Report) has rolled out a new payment service which will effectively allow you to remind people to pay you back without having to nag them.
PayPal Launches PayPal.Me, A Simpler Way To Request Money Using Your Own ...  TechCrunch
PayPal Unveils PayPal.Me Links for Getting Paid: Grab Your URL Before It' ...  PetaPixel (blog)
US auto sales stronger than expected in August on trucks, SUVs
DETROIT The U.S. auto industry powered ahead in August, topping sales estimates and shrugging off gyrating stock markets as consumers continued to show their penchant for pickup trucks and SUVs.
US Auto Sales Pace Accelerates  Wall Street Journal
Ford customer traffic resilient despite stock market volatility  USA TODAY