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U.S. markets news

Oil surges on lower US output, OPEC talk; biggest bounce since 1990
NEW YORK Oil soared on Monday for a third consecutive day, with Brent crude rising more than 8 percent, as a downward revision of U.S.
OPEC ready to talk amid falling oil prices  USA TODAY
Oil Prices Rally Amid Lower US Output Estimates, OPEC Article  Wall Street Journal
Bloomberg  
Investors are fleeing once-popular emerging markets
NEW YORK - If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging market stocks.
Emerging Market Currency Values Are Not All About The US Fed  ValueWalk
Fund managers eye emerging markets after crash  Citywire.co.uk
Fiat Chrysler CEO Marchionne expresses urge to merge with GM
Fiat Chrysler Automobiles CEO Sergio Marchionne said in an interview with Automotive News published on Monday that General Motors should stop ignoring the financial benefits of a merger of the two automotive giants.
UPDATE 1-Fiat Chrysler's Marchionne says "unconscionable" to ...  Reuters
Fiat Chrysler's Five-Year US Streak May End on Calendar Quirk  Bloomberg
Massive Gas Find a Boon for Egypt, Salve for Energy Crisis
The discovery of a huge natural gas field off the Egyptian coast is a major boon for the country that will help alleviate energy shortages and boost the economy, experts said Monday.
RPT-Egypt's Zohr gas re-writes Israel's happy ending  Reuters
Eni's natural gas discovery in Egypt a gift from heaven: Expert  Ahram Online
Global stocks ease on China, Fed concerns; oil rallies
NEW YORK World stock indexes edged lower on Monday amid persistent investor concerns about slowing growth in China and the prospect of higher U.S.
7 events that can rock America in September  CNNMoney
China Manipulated Its Stock Market Last Week Because of a Parade  Slate Magazine (blog)
Gold Prices Fall as Traders Focus on US Monetary Policy
Gold prices retreated Monday as investors continued to recalibrate views on U.S. interest rates following recent comments from Federal Reserve policy makers.
Gold slips, but tallies biggest monthly gain since January  MarketWatch
PRECIOUS-Gold falls, awaiting fresh clues on US rate rise  Reuters
Wall Street falls as investors fret about rate-hike timing
Wall Street was lower on Monday afternoon as investors worried that the Federal Reserve may start raising interest rates in September, although a rally in oil boosted energy stocks.
Stocks set for biggest monthly loss since May 2012  USA TODAY
At Jackson Hole, The Cranks Prevailed  Forbes
China state media announce confessions in stock market investigations
SHANGHAI Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused "panic and disorder".
China cracksdown on market rumours with mass arrests  Telegraph.co.uk
China pins market plunge on financial journalist, airs 'confession'  Washington Post
Mass. gas prices drop six cents a gallon
Local gas prices. Weekly gas prices in Massachusetts, for regular, unleaded, self-serve gasoline. 2011 2012 2013 2014 2015 $0.00 $1.00 $2.00 $3.00 $4.00.
Area gas prices slide nearly 30 cents a gallon  Chicago Sun-Times
Wal-Mart Reduces Worker Hours at Some Stores to Lower Expenses
Wal-Mart Stores Inc. WMT -0.17 % is cutting employee hours at some stores, in an effort to reduce costs as the world's largest retailer addresses declining profitability.
Walmart's Worker Hours Cut Shows It Is Caught In A Classic Retailer Trap  Forbes
Walmart cuts some workers' hours  Fortune