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U.S. markets news

S&P 500 closes August at record high despite rising Ukraine, overseas concerns
The US stocks closed August at a strong note on Friday (August 29), with the S&P 500 setting a new record by posting a modest gain on closing day of the month amid the rising crisis in Ukraine and overseas concerns helped extend a rally.
Stocks end higher following strong run in August  Boston Globe
S&P 500 to New Record on Improving Economy
Sydney Morning Herald   Related articles »  
German Bonds Advance for Eighth Month in Longest Run Since 2005
German 10-year bonds advanced this week, completing the longest run of monthly gains since January 2005, after European Central Bank President Mario Draghi fueled bets that officials will expand stimulus to revive the economy.
Treasuries Gain Most in Seven Months on European Tensions  Bloomberg
Low inflation heaps pressure on ECB to take action as early as next week  Irish Independent
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Consumer spending drops as car sales stall
WASHINGTON - U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.
Spending hits six months' low yet households' confidence approaches ...  iStreet Research
Consumer spending falls first time in 6 months  The Columbian
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IMF supports leader in corruption inquiry
The International Monetary Fund has expressed confidence in its leader Christine Lagarde, who was placed under investigation in France as part of a corruption inquiry.
​IMF throws Ukraine $1.4bn lifeline  RT
IMF approves massive funding for Ukraine  Xinhua
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Protests mount against Miami-based Burger King
The backlash against Burger King continues. Kidecals, a Boulder, Colo.-based label company, has created a line of anti-Burger King bumper stickers in protest against the Home of the Whopper's plans to merge with the Canadian chain Tim Hortons and ...
An expert at the quick flip cooking up a whopper deal  Financial Times
Tim Horton's CEO set to sell Burger King's takeover offer  Toronto Star
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Malaysia Airlines to cut 6000 staff after disasters
Malaysia Airlines is to cut 6000 jobs, nearly a third of its staff, as part of a recovery plan following the loss of two planes this year.
A RM6bil fresh start for MAS  Daily Express
Malaysia Airlines to cut 6000 workers as part of $1.9-billion overhaul  Los Angeles Times
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Iran approves of Russia's position on nuclear issue: Zarif
TEHRAN - Iranian Foreign Minister Mohammad Javad Zarif has said that Iran is satisfied with Russia's position on the country's nuclear program.
Obama must ensure additional sanctions on Russia don't hurt American ...  New York Daily News
US coal stocks could gain on Russia tension  Reuters
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A+E Close to Buying 10% of Vice Media for $250 Million
A+E Networks is close to buying a 10 percent stake in Vice Media Inc., a deal that would value the company at about $2.5 billion, according to people with knowledge of the matter.
A&E deal would price Vice at $2.5 billion  CNNMoney
A&E Is Dropping $250 Million for a 10 Percent Stake in Vice
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Rescuers free 20 miners trapped underground for hours in Nicaragua
(CNN) -- Rescuers freed 20 workers from a mine in Nicaragua late Friday, dozens of hours after it collapsed and buried them underground, authorities said.
11 of 24 trapped gold miners rescued in Nicaragua  USA TODAY
20 miners rescued from Nicaragua gold mine after landslide  Reuters India
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Silva Opens 10-Point Lead Over Rousseff in Brazil Election Poll
Candidate Marina Silva opened a lead of 10 percentage points in a runoff vote over President Dilma Rousseff after Brazil's economy dipped into recession, according to a Datafolha poll.
Brazil Recession Another Blow to Rousseff
Brazil falls into recession as election looms  The Straits Times
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