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U.S. markets news

Late Summer Confusion For Oil Prices
The oil market has just finished its impression of a bungee jumper, dropping $7 in 2 weeks days, and now rebounding $10 in a few days.
UPDATE 12-Oil up 8 pct on lower US output, OPEC talk; biggest surge since 1990  Reuters
Oil skyrockets up to almost $50 a barrel  CNNMoney
Stocks fall on Fed concerns; US oil jumps 8.8 percent
NEW YORK World stock indexes fell on Monday as a Federal Reserve official's comments added to investor concerns the bank may start raising interest rates in September, while oil prices jumped more than 8 percent, extending their biggest price surge in ...
Global stocks cap worst month since May 2012; crude oil surges  Livemint
Global Stock Prices Continue Slide  Voice of America
Blue Bell Ice Cream Returns to Some Stores 4 Months After Listeria Outbreak
Blue Bell ice cream is back in grocery stores, four months after the company shut down production due to a listeria outbreak. News Feed.
Blue Bell is officially back on shelves  Fortune
Blue Bell to resume production at Oklahoma plant 'soon'  Dallas Morning News (blog)
The melancholy billionaire: Minecraft creator unhappy with his sudden wealth
In a series of tweets, Marcus "Notch" Persson, the creator of Minecraft, said he was unhappy with his life and wealth. New York (CNNMoney) - You might think the developer of Minecraft, who sold his video game to Microsoft for $2.5 billion, would be ...
Minecraft creator on success: 'I've never felt more isolated'  New Zealand Herald
Minecraft billionaire Persson tweets real bad day in real world  Chicago Tribune
Massive Gas Find Promises to Ease Egypt's Fuel Crisis
CAIRO - The discovery of a huge gas field off Egypt's coast promises to ease a long-running fuel crisis and boost the economy after years of unrest, but it will take years to develop and won't bring Gulf-style riches to the Arab world's most populous ...
RPT-Egypt's Zohr gas re-writes Israel's happy ending  Reuters
Giant Gas Find Favoring Egypt at Israel's Expense Sparks Selloff  Bloomberg
Fiat Chrysler-GM merger would lead to 'cataclysmic changes,' but not in ...
Glenn Lowson for National PostGM has dismissed the idea of a merger with Fiat Chrysler more than once, and Sergio Marchionne told Automotive News that he's never even met CEO Mary Barra, but the Fiat Chrysler CEO's not letting that stop him.
Fiat Chrysler CEO Urges for Merger with GM  WBT
Why Fiat Chrysler Just Can't Find Itself A Match  Yahoo Autos (blog)
Wall Street's worst month in three years ends on a sour note
Wall Street ended lower on Monday and wrapped up its worst month since 2012 after comments from a senior Federal Reserve official heightened fears among investors of a potential U.S.
Stocks Record Worst Monthly Decline in More Than Three Years
S&P 500 posts biggest monthly loss in more than 3 years  USA TODAY
China Is Trying to Blame Its Stock Market Crash on Journalists and Businessmen
Chinese stocks are down 40 percent since June, and the government is rounding up journalists and financial executives who supposedly caused the market to dip.
China Announces Legal Actions for 'Securities Violations'  Wall Street Journal
Chinese journalist makes on-air 'confession' for stock market chaos  Mashable
India's Economy Outshines Neighbors
NEW DELHI––India's economy, defying weakness in developed countries and elsewhere in emerging Asia, expanded 7% in the April-through-June quarter, making it one of the world's fastest-growing as China downshifts.
Economic growth slows to 7% in April-June quarter  The Indian Express
UPDATE 2-India's slower-than-expected growth boosts rate cut calls  Reuters
San Diego No. 1 for Labor Day travel
Even with Labor Day arriving later than usual this year, plenty of people will still be taking to the roads and the skies for getaways that will include San Diego as a top choice for the approaching three-day weekend.
Labor Day travel highest since 2008, says AAA  Wicked Local Fall River
AAA: Labor Day gas prices to be lowest since 2004  Fort Worth Star Telegram