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U.S. markets news

ECB to cut inflation forecast but keep powder dry
FRANKFURT The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if prospects weaken further.
Global Markets Bounce Back  Wall Street Journal
EconomyEuropean business activity streaks ahead  Financial Times
Telegraph.co.uk  
How long should mothers take off after they give birth?
The announcement that Yahoo CEO Marissa Mayer is planning to take limited time off from work after having twins later this year has re-ignited the debate over how soon new mothers should return to their jobs.
Sexist stereotyping of Yahoo chief Marissa Mayer's pregnancy  Irish Times
Back off on Marissa Mayer's maternity leave  CNN
Natalie Massenet Leaves Net-a-Porter Ahead of Merger With Yoox
The founder and executive chairman of Net-a-Porter has abruptly resigned, leaving the high-end fashion site ahead of its pending merger with Yoox YXOXF -3.69 % SpA.
Shares in Yoox fall after Net-A-Porter founder quits  Reuters
Net-a-Porter Founder Quits Mid-Merger With $153 Million Gain  Bloomberg
BOJ's Kiuchi Says Core Inflation Unlikely to Reach 2% in Year Ending March 2018
TOKYO—Bank of Japan Governor Haruhiko Kuroda's toughest critic on the policy board said Thursday that the central bank will likely fail to achieve stable 2% inflation next year or even in the following year.
BOJ's Kiuchi warns Japan won't hit inflation goal for another 2-1/2 ...  Reuters
Japan won't hit inflation goal even by early 2018: BoJ board member  Hindu Business Line
Toy maker Lego sees strong growth, profit
Gianni Martinez, 10, left and brother Syncere, 8, have fun during the Brick Fest Live Lego event Sunday in Denver. (Helen H. Richardson, The Denver Pos).
Lego sales jump on growth in Asia  New Zealand Herald
LEGO goes into space as first-half sales surpass Mattel  Reuters
French farmers stage 1000-strong tractor protest in Paris
PARIS (AP) - Hundreds of tractors are descending on Paris in a boisterous protest by farmers blocking highways in anger over falling French food prices and high taxes.
Angry French farmers stage 1000-strong tractor protest in Paris over falling ...  The Republic
IMF: China slowdown threatens global outlook
WASHINGTON--China's slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world's largest economies, the International Monetary Fund warned Wednesday.
IMF warns G20 of rising downside economic growth risks  Hindustan Times
Near-term growth prospects remain favourable in India: IMF  Moneycontrol.com
Fed Beige Book: Economic Activity 'Continued Expanding' Across Most Districts
For the reporting period of July through mid-August, the Federal Reserve reported in its August 2015 Beige Book released Wednesday that economic activity continued to expand across most regions and sectors, while the majority of reports on residential ...
US sees steady growth in July-August: Fed Beige Book  Rapid News Network
US Feds Beige Book signals continuous expansion of economic activity  EconoTimes
Lost Australian Sheep Yields 30 Sweaters Worth of Fleece
CANBERRA, Australia - A lost, overgrown sheep found in Australian scrubland was shorn for perhaps the first time on Thursday, yielding 40 kilograms (89 pounds) of wool - the equivalent of 30 sweaters - and shedding almost half his body weight.
Australian sheep is unofficially the world's woolliest  Reuters
RSPCA recruits shearing champion Ian Elkins to shave Canberra's ...  NEWS.com.au
Oil down on stock builds, equity rally aids
LONDON Crude oil prices softened on Thursday after a surprise build in U.S. inventory levels and on a firm dollar, although stronger equity markets helped support commodities.
Oil Rangebound with US Jobs Data in Focus  Wall Street Journal
Oil prices fall on surprise US inventory build; equity rally aids  Reuters Canada