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U.S. markets news

Few homeowners expected to benefit from Bank of America's $16.65B settlement
WASHINGTON - Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds - $7 billion of it geared for consumer relief - offers a glint of hope for desperate homeowners.
Illinois gets $300M in Bank of America settlement  DeKalb Daily Chronicle
Justice Dept. OKs $16.6B deal  Toledo Blade
TIME   Related articles »  
With new record, S&P on pace for best month since February
S&P rises nearly six points, while Dow crosses 17000 for the first time in four weeks. Stock market buoyed by easing tensions overseas, HP results, and plus a fall in the number of people signing up for unemployment benefits.
US stocks: S&P 500 sets record close; Dow regains 17000  MarketWatch
India Morning Call-Global Markets  Reuters
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Dollar rally pauses as Jackson Hole takes center stage
SINGAPORE/SYDNEY (Reuters) - The dollar hovered just below its 2014 peak against a basket of major currencies on Friday, with bulls turning cautious ahead of a speech by Federal Reserve Chair Janet Yellen.
Asian Shares Inch Up, All Eyes on Jackson Hole  Wall Street Journal
Yellen speech on labor market to be Jackson Hole highlight  MarketWatch (blog)
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Mid-South impacted by data breach at UPS Store
CORDOVA, Tenn. - Even more of you are at risk of having someone steal your personal information. Hackers got into another system and this time it lasted for months.
Lessons learned from UPS Store breach  CSO Online
Colorado Included In UPS Retail Store Security Breach  CBS Local
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Family Dollar rejects Dollar General bid on antitrust issue
NEW YORK - Family Dollar Stores Inc. said Thursday it spurned a $9 billion offer from Dollar General Corp. in favor of a lower bid from Dollar Tree Inc., saying it was concerned the Dollar General deal wouldn't be able to pass antitrust hurdles.
Family Dollar rejects takeover bid from rival Dollar General  Washington Post
Family Dollar Rejects Takeover Bid by Dollar General, Citing Antitrust Concerns  New York Times
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Online report of possible PayPal spinoff boosts eBay stock
Shares of eBay rose as much as 6.8 percent after a tech news website reported that the company could spin off PayPal next year. The world's biggest online marketplace has been telling potential candidates for the top position at PayPal that it's considering ...
eBay Stock Soars on Rumors of Possible PayPal Spinoff - Stocks in the News  NASDAQ
eBay May Be Planning To Spinoff PayPal  Power Retail
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Gap's Margins Narrow Though Operating Expenses Drop
The San Francisco retailer operates the Banana Republic and Old Navy chains, along with its namesake stores. Bloomberg. Gap Inc. GPS +0.16% Gap Inc. U.S.
GAP to open 40 stores in 'vibrant' India, first outlets in Mumbai, Delhi  Firstpost
US clothing Store Gap To Set Up In India
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Lower gas prices possible for Labor Day
More Indiana motorists will be doing holiday traveling over the upcoming Labor Day weekend and, with the price of crude below $100, gas prices are expected to remain stable or possibly come down a little by then.
More US travelers to venture over Labor Day, gas tab will keep Coloradans home  The Denver Post
More Arizonans Expected To Travel This Labor Day  KJZZ
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GRAINS-Soybeans edge higher, set for weekly loss of more than 1 pct
SYDNEY, Aug 22 (Reuters) - U.S. soybean futures edged up from contract lows on Friday, supported by strong exports, but the oilseed was poised to finish the week down more than 1 percent as expectations for a bumper crop continue to weigh.
US MIDDAY: corn and soyabeans sink  Business Recorder
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US jobless claims fall, bolster labor market outlook
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week, pointing to a sustained improvement in labor market conditions.
Jobless Claims in U.S. Declined More Than Forecast Last Week  Bloomberg
States with the biggest changes in jobless aid applications, and some ...  Fox Business
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