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U.S. markets news

Stocks fell Friday but have best month since October 2011
Stocks fell Friday as the Nasdaq failed to hit the 5000 mark again, but markets still managed to post strong gains for the month. The Dow Jones industrial average fell 81.72 points, or 0.5%, to close at 18,132.70, and the Standard & Poor's 500 index fell 6.24 ...
Stocks slip after weaker growth, end best month since 2011  Washington Post
US Stocks Slip But Post Monthly Gains  Wall Street Journal
Xinhua  
Big companies are hiking the wages of their workers
(CNN) - Abi Weaver has worked as a waitress and at a call center. She's had her fair share of minimum wage jobs, it works for now, but it can't be like this forever.
Wal-Mart, the Market Combine in Minimum Wage Hike  Wall Street Journal
Walmart Learns It's Better To Lead Than To Follow  Forbes
Credit Suisse Sees Slight Improvement In FY15 For JC Penney (JCP)
In a report published on Friday, Credit Suisse commented on J C Penney Company Inc's (NYSE:JCP) performance outlook during financial year 2015 (FY15).
J.C. Penney Tumbles as Forecast Disappoints Investors  Bloomberg
J C Penney Company Rating Reiterated by Deutsche Bank (JCP)  sleekmoney
Fed's Fischer Puts Spotlight on June or September for Rate Rise
(Bloomberg) -- Federal Reserve Vice Chairman Stanley Fischer said on Friday the central bank looked most likely to raise interest rates in June or September, although economic developments might warrant different timing for liftoff.
Fed's Fischer: 'It's about time' for rate hike  CNBC
Fed stimulus 'only now being fully felt'  Financial Times
Upbeat Consumers Propel U.S. Fourth-Quarter Growth: Economy
Consumer spending last quarter climbed by the most in four years, underscoring the underlying strength of the expansion. Photographer: Emile Wamsteker/Bloomberg.
Bright outlook for US economy, despite slower Q4 growth  Sacramento Bee
U.S. economic growth at year's end revised downward  Dallas Morning News
UPDATE 3-Former AIG head Benmosche dies; led insurer after bailout
(Adds family details and career history). By Luciana Lopez and Jennifer Ablan. NEW YORK Feb 27 (Reuters) - Robert Benmosche, who took the helm of insurer American International Group after a massive government bailout at the height of the financial ...
Benmosche Recalled as Tenacious, Fighter as Colleagues Mourn  Bloomberg
Robert Benmosche, Rescuer of AIG, Dies at 70  New York Times
Identity Theft Tops Consumer Complaints for 2014 - US Trade Commission
The US Federal Trade Commission reported that the identity theft had topped the Commission's national ranking of consumer complaints for the 15th consecutive year.
Identity theft tops list of consumer complaints  WPTZ The Champlain Valley
1st LD Writethru: Oil prices rebound following heavy sell-off
NEW YORK, Feb. 27 (Xinhua) -- Oil prices rebounded Friday as traders bought the dip after previous day's sharp decline. Worries about global supply glut dragged oil prices down Thursday as traders believed the oversupply situation could not change ...
Oil, sometimes up and sometimes down, ends the week with a gain  Houston Chronicle
Crude Oil Puts End To Monthly Losing Streak  Investor's Business Daily
Feds: Many Central Valley farmers will get zero water deliveries
Hundreds of farmers in the Central Valley were told Friday they can expect zero water deliveries this year from the federal government, the latest fallout from what is likely to be a fourth straight drought year in California.
New drought low: Feds' water likely won't go to farms  SFGate
California: No Drought Help for Central Valley Farms  New York Times
Index of Pending Home Sales Rose in January
The National Association of Realtors said on Friday that its seasonally adjusted pending home sales index increased 1.7 percent to 104.2 last month.
Number Of Contracts Signed For Buying Homes Is The Highest Of The Last 18 ...  The Monitor Daily
Pending home sales signal spring boost to housing market  Scotsman Guide News