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U.S. markets news

China fears hit stocks and oil, boost volatility
NEW YORK World stock indexes and commodities dropped on Tuesday as weak Chinese data revived fears about the effect of China's economic health on the global economy and fueled more market turmoil.
Tuesday tumble: Stocks drop on weak China data  CBS News
China economic slowdown: World markets plunge on fears of weaker global growth  Times of India
New York Times  
Wall St. slumps as weak China data stokes growth fears
Wall Street slumped more than 2 percent on Tuesday, pushing all three major indexes into the red for the year, after weak data from China escalated fears that the slowdown in the world's second-largest economy will constrain global growth.
Wall Street braces for stormy Sept.: Dow plunges more than 400 points on ...  USA TODAY
Stocks slide Tuesday following weak reports in China  Washington Post
US manufacturing slowdown adds wrinkle to economic 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.
Tale of two ISMs: another reason for the Fed to pause?  Reuters Blogs (blog)
ISM Manufacturing Index Falls in August  Wall Street Journal
Russia Says It Won't Cut Oil Production to Support Prices
MOSCOW—Russia won't cut crude-oil production in order to support prices, although output may fall if prices remain low for a sustained period, Russian news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying Tuesday.
Oil tumbles 7 percent as weak China data revives growth fears  Reuters
Iran Sees Shale Output Recovering as OPEC Longs for $80 Crude  Bloomberg
Yahoo CEO Marissa Mayer expecting twin girls in December
Yahoo Inc Chief Executive Marissa Mayer said she was pregnant with identical twin girls, likely due in December, but promised she would take limited time away as she works toward turning around the company's struggling online ad business.
Yahoo's Marissa Mayer pregnant with twins  Los Angeles Times
Marissa Mayer's latest achievement: identical twins  Toronto Star
Egypt gas find sparks panic in Israel about Israeli reserves
JERUSALEM - Egypt's new natural gas bonanza is causing an uproar in Israel, with energy stocks plummeting and recriminations over indecisiveness and infighting that have delayed production from the country's own gas fields.
Egypt to Keep Eni's Find for Itself, Stiffening Mideast Gas Race  Bloomberg
Massive gas find a boon for Egypt, salve for energy crisis  Business Insider
US Auto Market Remains Bright Spot as China Pulls Back
As China's auto market recoils, the U.S. remains a bright spot as it rolls on toward its best performance in more than a decade.
Ford and Fiat Chrysler Post Surprising Sales Gains in August  New York Times
Big three US carmarkers post better than expected sales in August  Financial Times
PayPal helps Canadians deal with awkward money conversations
PayPal is introducing a new interpersonal payment service in Canada that it says will make IOUs a thing of the past. Users who sign up for PayPal.
PayPal.Me Peer-to-Peer Payments Service Launched  NDTV
PayPal.Me Lets You Send Quick, Effortless PayPal Payments  Android Headlines - Android News
UPDATE 1-Penn West, ConocoPhillips cut combined 900 jobs in Canada
(Adds Penn West layoffs, quote). By Nia Williams. CALGARY, Alberta, Sept 1 (Reuters) - ConocoPhillips and Penn West Petroleum are eliminating a combined 900 jobs in Canada, the two companies said on Tuesday, as low oil prices persist.
Penn West Suspends Dividend While Pengrowth Halves Its Payout  Wall Street Journal
Penn West suspends dividend, Pengrowth halves it's  MarketWatch
Chipotle sued over false GMO-free claims
A law firm Monday filed a class-action lawsuit in federal court charging that Chipotle's marketing is misleading and deceptive because it still sells lots of foods made with GMOs, despite claims the chain phased them out.
Chipotle Sued For False Advertising After Boasting Anti-GMO Piety  Daily Caller
This lawsuit claims Chipotle has been deceiving customers  Fortune