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U.S. markets news

How to deal with Jackson Hole 'rate rage'
Will the cry of the hawks echo from the Tetons and drown out the coo of the doves? As investors look ahead to this week's Jackson Hole symposium for central bankers, one of the key worries is that attendees from the U.S.
Fed Officials Prepared for Faster Rate Increase as Data Improve  Bloomberg
China manufacturing drags on Asian stock markets  SFGate
Chicago Tribune   Related articles »  
Asia shares slip as China disappoints, Japan bucks trend
SYDNEY (Reuters) - Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan.
Hong Kong Stocks Retreat From Six-Year High on China Data  Bloomberg
Chinese stocks slip on weak manufacturing reading  Financial Times
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Bank of America's $17 billion settlement not as large as it appears
WASHINGTON: Bank of America's purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years.
Bank of America agrees to nearly $17B settlement  USA TODAY
BofA in $16.5B deal with US over mortgage bonds: Source  CNBC
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Target sees signs of progress, but cuts outlook for year [Star Tribune ...
Executives sounded upbeat about a strong start to the back-to-school shopping season Wednesday as they discussed the retailer's latest quarterly results.
Target reports 62% drop in earnings, cuts profit forecast  Los Angeles Times
Target lowers forecast as sales slump, Canadian losses widen  Chicago Tribune
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Dollar Rises to 11-Month High on Fed; Aussie Slides on China PMI
The dollar rose to the strongest level since September versus the euro as traders increased bets the Federal Reserve will increase interest rates next year.
Forex - Australian dollar drops after HSBC China flash PMI weakens  NASDAQ
FOREX-Dollar surges on hawkish-sounding Fed, Aussie hit by China PMI  Reuters
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US car loan delinquencies rise slightly
By Nathan Bomey Detroit Free Press (MCT) - Car buyers are borrowing at a record pace to purchase new vehicles, as the total amount of outstanding auto loan balances rose 12 percent in the second quarter, according to a new report.
Auto loan delinquencies rise as subprime lending gains steam  Fortune
Repo Man: Back In Action!  FITSNews
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UPS Store Computer Breach May Put Customer Data at Risk
United Parcel Service Inc. (UPS:US) said a breach of computer security at some of its UPS Store retail outlets may have exposed customers' personal and payment data this year.
UPS Stores Hacked  Chinatopix
UPS warns of potential data breach at Tucson location  Tucson News Now
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Volcano Threatens Game
Penn State's season opener, set to be played in Ireland next week against Central Florida, may be in peril because of a possible volcanic eruption in Iceland.
Airlines go on Iceland volcano watch  BDlive
Eruption risk rising for earthquake-racked volcano in Iceland  Los Angeles Times
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HP Boosted by PCs as Whitman Seeks Growth in Other Units
Hewlett-Packard Co. (HPQ:US) Chief Executive Officer Meg Whitman is benefiting from a surge in personal-computer sales. Now she needs to show she can make progress in other businesses, including software and services.
HP revenue inches up after years of decline  The Star Online
HP's sales boosted by computer unit but profit falls  BBC News
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Dollar General Says It Was Misled During Family Dollar Talks
Dollar General Corp., which made a bid this week to buy Family Dollar Stores Inc. (FDO) for about $9 billion, complained to the takeover target's board that it was given a false impression during earlier talks with the company.
Dollar General questions motives of Family Dollar CEO  TODAYonline
Dollar General Sends Letter to Family Dollar's Board of Directors  MarketWatch
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