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U.S. markets news

Alibaba debuts with a bang on Wall Street, stock lists at $92.70/share
NEW YORK: Alibaba Group Holding's shares surged by more than 40% on their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history.
Most Read on Bloomberg: Alibaba, Fortress, Calpers, US Stocks  Businessweek
Chinese e-commerce firm Alibaba closes first day at $231 billion
NDTV   Related articles »  
Court dismisses Citibank appeal in Argentine debt row
NEW YORK - A US court on Friday dismissed an appeal by Citibank and Argentina to let the country make payments on debt tied up in a bitter legal battle with hedge funds.
US court tosses Argentina, Citigroup appeal in bond case  Reuters
Federal Appeals Judge: Argentina's Bullying a Bank  ABC News
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Alibaba stock soars in its debut
New York. With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed.
Wall St ends flat as Oracle takes air out of Alibaba debut
Global shares end flat, closing out strong week  Reuters
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Fitch upgrades Lagos to AA+; Outlook Stable
Fitch Ratings has upgraded Nigerian Lagos State's National Long-term rating to 'AA+(nga)' from 'AA(nga). The Outlook is Stable.
Fitch Revises Outlook on Zambia to Positive; Affirms at B'  Reuters
Fitch Affirms Raytheon's Ratings at 'A-/F2'; Outlook Stable  MarketWatch
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SJ County jobless rate drops as schools restart
San Joaquin County's unemployment rate tumbled in August to 10.3 percent, down sharply from a revised 11.1 percent in July, as public and private schools began a new instructional year, state employment officials reported Friday.
Unemployment rate drops in August  The Turlock Journal
Shasta County's jobless rate down in August  Record-Searchlight
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Fed Rate-Hike Tool Stirs Some Concern
Federal Reserve Chairwoman Janet Yellen spent months devising a strategy for managing short-term interest rates. Two days after the plan's release, some market participants warn the new approach may have flaws.
US Fed's Fisher expects first rate hike in the spring - FBN  Reuters
5 Signs in the Fed Statement of a Sooner-Than-Expected Fed Rate Hike  NASDAQ
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Chasing Paper: Online tools help manage student debt
Hey Occupy Wall Street, abolish my debt too!  CNNMoney
Occupy Wall Street Offshoot Has Purchased Nearly $4 Million in Student Debt  VICE News
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Temporary 'park' raises awareness of open urban spaces
UT lecturer Matt Culver discusses the goal of Parking Day and how they have transformed two parking spaces on Market Street. (Video by J. Miles Cary/News Sentinel).
Park(ing) matters  Herald Palladium (subscription)
Alaska PARK(ing) Day takes back the pavement  KTVA CBS 11 News Alaska
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Louisiana jobless rate rises even as more have jobs
Louisiana's unemployment rate jumped again in August, as job seekers flood into the labor force faster than they can find jobs.
County unemployment rate drops  York News-Times
Jobless rates up in 24 states; hiring up in 35  USA TODAY
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UPDATE 3-Siemens, GE consider bid for Dresser Rand - reports
(Adds GE's interest to make a bid, updates share price). FRANKFURT, Sept 19 (Reuters) - General Electric Co and Germany's Siemens are considering bids for compressor and turbine maker Dresser-Rand that could derail a merger between Dresser-Rand ...
Swiss company says it's discussing merger with Dresser-Rand  Houston Chronicle
GE eyes oil group Dresser-Rand  Financial Times
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