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U.S. markets news

Lockhart: Still Significant Slack in the Labor Market
In an interview with FOX Business Network's Peter Barnes, Atlanta Federal Reserve President Dennis Lockhart said Americans shouldn't worry about a recession, despite recent turmoil in global markets.
Fischer Keeps Fed Liftoff Options Open as October Comes in Focus  Bloomberg
Fed should consider rate hike at any of next three meetings -Lockhart  Reuters
Brazil's GDP posts second consecutive contraction
SAO PAULO - The Brazilian government says gross domestic product contracted for the second consecutive quarter, sending the economy of Latin America's biggest country into a technical recession.
Brazil's Lula weighs 2018 presidential bid  Fox News Latino
Brazil falls deep into recession  CNNMoney
Defense Secretary announces new institution to promote making of bendable devices
MOUNTAIN VIEW -- At SRI, researchers are developing tiny robots that zip around on a thin electronic sheet and can work together like a hive of bees to manufacture a wide range of things, including super-strong support beams.
Pentagon Grants $75 Million To San Jose Alliance To Innovate 'Internet ...  CBS Local
DoD Picks FlexTech for New Flexible Hybrid Electronics Manufacturing  Dispatch Times
Seeking diversity, Twitter plans to boost female employment by one percentage ...
Twitter committed itself Friday to boosting the share of female employees at the company from 34% to 35% by next year. In a global workforce of 4,100, that's 41 more women.
Twitter Sets Modest Goals to Diversity Its Workforce  ABC News
Twitter publicly announces goals for hiring diversity in 2016  Engadget
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
Solid Consumer Spending Expected to Help US Push Past Market Sell-Off
WASHINGTON - Consumer spending rose in July as American households stepped up vehicle purchases, but consumer sentiment dipped in August.
Autos lift US consumer spending; sentiment slips  Reuters
US consumer spending increases 0.3 percent in July  Christian Science Monitor
US stocks drop in afternoon trading
Last Updated Aug 28, 2015 3:10 PM EDT. U.S. stocks took a breather on Friday, ending a roller-coaster week for investors. Stocks fell heavily in the first two days of trading this week on concerns about the health of China's economy.
Calm on Wall Street: A Turbulent Week Ends on a Placid Note  New York Times
US stocks close flat Friday after a volatile week  El Paso Inc.
NYC's Taxis Finally Launch an App to Compete With Uber
Nintendo is letting developers make their own Amiibo. Can this end well? · Follow · Follow Us On Facebook · Don't miss our latest news, features and videos.
NYC taxis to compete with Uber  CNET
NYC taxi app hopes to compete with Uber  Fox5NY
Russian Rocket Launches Inmarsat Satellite
LONDON—A Russian Proton rocket on Friday launched an Inmarsat IMASY -8.43 % PLC spacecraft to put the British satellite operator on a course to begin operating a global network of high-bandwidth satellites by year-end.
Inmarsat launches third satellite to complete fast global internet  Financial Times
Satellite launched to deliver faster internet  Sky News Australia
Chinese 'Mini-Stimulus Package' May Be Coming, Ex-PBOC Adviser Says
JACKSON HOLE, Wyo.—Recent stock-market declines signal a worrisome lack of confidence in China's economy that may spark additional government stimulus efforts, according to a former adviser to the Chinese central bank.
Wild week for markets ends quietly  Reuters
Watching and waiting at the US Federal Reserve  Financial Times