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U.S. markets news

Wall St. slips as investors assess volatile week
U.S. stocks looked set to snap a two-day rally on Friday after comments by a top Federal Reserve official appeared to suggest that a September rate rise was still possible.
Dollar Headed For Strong End to Week on Fed Comments  Wall Street Journal
Fed vice chair on rates: No decision made on September  Washington Post (blog)
Bloomberg  
Consumers in U.S. Keep Spending, Stock Slump Damps Sentiment
Americans kept spending in July, and sentiment barely wavered this month as stocks plunged, keeping intact prospects that consumers will continue to drive growth.
Consumer Sentiment Reading Slips in August  Wall Street Journal
Consumer sentiment declines in August to three-month low  Chicago Tribune
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.
Fed's Favorite Inflation Gauge Runs Below Target for 39 Straight Months  Wall Street Journal
US consumer spending increases 0.3 percent in July  Christian Science Monitor
Apple teams up with the Pentagon to make military wearables
The Pentagon announced the FlexTech Alliance, a group of 162 companies and universities including Apple, Boeing, and Harvard University.
Apple and Boeing partner with DoD on wearables initiative  Fortune
Defense Dept. turns to Apple, Lockheed Martin for wearable tech  CNET
Brazil Contracts for Second Quarter, Meeting Common Criterion for Recession
RIO DE JANEIRO—Brazil has entered its deepest economic downturn since the global financial meltdown of 2008-09, official data confirmed Friday.
Dilma Rousseff vs Left vs Right  The Indian Express
Brazil falls deep into recession  CNNMoney
Twitter aims high with new diversity hiring targets
Twitter logo displayed on a computer. (Photo: Leon Neal, AFP/Getty Images). 5 CONNECT 22 TWEET 1 LINKEDIN 4 COMMENTEMAILMORE. SAN FRANCISCO - Twitter announced Friday it is setting ambitious diversity goals that would make.
Despite adding women, Twitter appears to have actually gotten less diverse ...  Washington Post
Twitter shares 2016 diversity goals for hiring women, underrepresented ...  ZDNet
Boeing shows off weapon for destroying drones with a freaking laser
Boeing showed off its Compact Laser Weapons System this week. It's a portable laser weapon that can take drones out of the sky by directing a precise blast of heat energy.
Boeing's portable drone-destroying laser uses an Xbox controller  Engadget
Boeing laser shoots drone from sky  BBC News
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  gulfnews.com
Tiffany & Co. (NYSE:TIF) PT Dropped Slightly at Topeka  Markets Daily
China: Credibility on the line
As Chinese stocks plummeted on “Black Monday”, triggering waves of panicked selling around the globe, China's leaders seemed strangely unperturbed.
Wall St. Slips Lower After a Wild Week  New York Times
These 5 Facts Explain the Global Impact of China's Impending Slowdown  TIME
Drone Flying Near Wind Turbine Spots Something Highly Unusual on Top
A man taking his drone out for a spin while on vacation in Rhode Island caught something entirely unexpected on a 175-foot wind turbine.
SEE IT: Drone films monk sunbathing on top of Rhode Island wind turbine  New York Daily News
Benedictine monk relaxing atop wind turbine spotted by drone  seattlepi.com