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U.S. markets news

ECB's Draghi Signals Departure From Austerity Focus
European Central Bank President Mario Draghi on Friday signaled a departure from the austerity-focused mind-set that has dominated economic policy-making in the euro zone since the onset of the region's debt crisis nearly five years ago, as officials ...
ECB ready to act as Draghi sees inflation expectations worsen  Livemint
Yellen Riding US Growth Veers From Draghi as EU Stalls  Businessweek
New York Times   Related articles »  
Fed's Yellen sees an improving US economy, but cautious on raising rates
By Binyamin Appelbaum JACKSON HOLE, WYOMING: Janet L. Yellen, the Federal Reserve chairwoman, said Friday that the economy was improving but that the Fed was awaiting more evidence about the health of labor markets before deciding when to ...
Yellen says she's not satisfied yet with recovery  Philly.com
Yellen resists pressure to tighten monetary policy more quickly  Los Angeles Times
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Goldman Sachs agrees to $1.2 bn settlement with US mortgage giants
Washington: Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Goldman Sachs To Shell Out $3.15B In Settlement Over Mortgage Bonds  International Business Times
Goldman to Pay $3.15 Billion to Settle Mortgage Claims  New York Times
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Ask Matt: Is Gap back?
Shares of the retailer of casual clothes struggled in the early 2000s as fashions shifted. But that's been changing. Most recently, the company reported a second quarter profit of 75 cents a share, which beat expectations by 8.7%.
Arvind to retail US-based Gap's apparels, eyes Rs 1000 crore business  Daily News & Analysis
Arvind ties up with Gap; to open 40 stores in India  Free Press Journal
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Market leaders seen taking S&P 500 to 2000
NEW YORK (Reuters) - U.S. stocks have been on a roll of late, with the S&P 500 hitting the latest in a series of records on Thursday, and investors expect the index's momentum to soon carry it to - if not far past - the 2,000 milestone.
S&P 500 Falls From a Record on Central Banks, Ukraine  Businessweek
S&P Falls Back from Record High  Boston.com
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Bank of America to cough up $300 million
California will recover $300 million in damages from Bank of America as part of a $16.65 billion settlement over the bank's handling of mortgage-backed securities prior to 2009, officials said Friday.
NJ won't get share of $16.65B Bank of America settlement  NorthJersey.com
Bank of America settlement leaves questions unanswered  Kane County Chronicle
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Govs: Market Basket deal likely
An ´┐Żagreement in principle´┐Ż has been reached to sell Market Basket to Arthur T. Demoulas and restore his control of the 71-store supermarket chain, the governors of Massachusetts and New Hampshire said Friday.
Progress seen on Market Basket sale  Boston Globe
Governors: Market Basket feud may be resolved this weekend  Attleboro Sun Chronicle
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A love of zoos may keep SeaWorld afloat
NEW YORK (MarketWatch) - Despite the outcry over its treatment of killer whales, people may simply love zoos too much to completely boycott SeaWorld Entertainment Inc. That's the view of FBR & Co.
Aquariums vital to wild creatures' well-being  Orlando Sentinel
SeaWorld Relents, Ends Trainers Swimming with Killer Whales  Insurance Journal
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Fitch Affirms Slovakia at 'A+'; Outlook Stable
(The following statement was released by the rating agency) LONDON, August 22 (Fitch) Fitch Ratings has affirmed Slovakia's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'A+'.
Fitch Cuts Ukraine's Ratings On Weak Economic Outlook  RTT News
Fitch downgrades Ukraine's LC IDR to 'CCC'  Focus News
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McDonald's Names New President In US Amid Sales Funk
In a move deemed to help reverse its flagging sales in the country, the American fast food giant McDonald's Corp. named a new president for its flagship U.S.
New McDonald's executive inherits challenges in struggling US division  Omaha World-Herald
McDonald's Names New President of US Unit  New York Times
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