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U.S. markets news

Record Bank of America Settlement Latest in Government Crusade
Brian T. Moynihan, chief executive officer of Bank of America Corp., in a 2012 file photo. Bloomberg News. Bank of America Corp. BAC +3.03% Bank of America Corp.
$16.7B poorer: B of A stock not a steal  USA TODAY
UPDATE 2-Bank of America settles mortgage probes for $16.65 bln  Reuters
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Sears more 'irrelevant by the day'
Shares of the struggling retailer plunged over 8% Thursday after its second quarter loss fell short of already-low Wall Street expectations.
Sears 'unacceptable' results hit retailer  Financial Times
Sears CEO: Retailer's Loss, Revenue Decline 'Unacceptable'  Forbes
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Family Dollar's Rejection of Dollar General Is About More Than Money
Photo. Credit Harry Campbell. In the latest dollar wars, it is not about the money. Family Dollar has been at the center of a tug-of-war, as two of its biggest competitors in the industry woo it.
Family Dollar discount store rejects Dollar General takeover bid  Financial Times
UPDATE 2-Family Dollar spurns Dollar General bid on antitrust concerns  Reuters
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US Existing-Home Sales Up 2.4% in July
The U.S. housing recovery gained traction in July as sales of previously owned homes rose to their highest level in 10 months. Sales of existing homes increased 2.4% from June to a seasonally adjusted annual rate of 5.15 million, the National Association of ...
Existing Home Sales Reach Highest Level Since September  Fox Business
McHenry County home sales fall 13.3 percent in July  Northwest Herald
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RPT-GLOBAL ECONOMY-Business growth slows in China and Europe, but ...
(Repeats to fix USN). * U.S. factory activity expansion speeds up. * Business activity growth slows in China and Europe. By Jonathan Cable, Xiaoyi Shao and Ryan Vlastelica.
Philly Fed, flash PMI point to manufacturing optimism  MarketWatch
Beijing Faces Pressure to Spur China's Economic Growth  Wall Street Journal
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UPS Stores in 24 States Hit by Data Breach
Big Brown has been breached. United Parcel Service (UPS) on Wednesday announced that about 105,000 customer · Relevant Products/Services transactions at 51 of its UPS Store locations in 24 states could have been compromised between January and ...
UPS Discloses Credit Card Breach At 51 Retail Locations  CRN
UPS Store, Inc. Notifies Customers Of Potential Data Compromise and Incident ...  eNews Park Forest
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S&P 500 at record ahead of Yellen speech
Thursday 18.00 BST. US stocks rose to record highs while the recent upward momentum in Treasury bond yields and the dollar stalled ahead of a keenly awaited speech on Friday from Janet Yellen, chairwoman of the Federal Reserve.
S&P 500 tops record on economic optimism, Fed hopes  CNBC
Some US Fed officials argue for 'relatively prompt' end of stimulus  CTV News
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Mortgage Rates Fall to Lowest Level of the Year
Mortgage Rates Gene J. Puskar/AP WASHINGTON -- Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its low for the year.
Average US 30-year mortgage rate at 4.10 pct  Albuquerque Journal
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EBay Rises After Report on Possible PayPal Spinoff
David Marcus left as PayPal's chief to join Facebook Inc. earlier this year. EBay has been telling potential recruits for the top PayPal position that it may spin off the business as soon as next year, The Information reported, citing two unidentified sources.
eBay shares rise on report of PayPal spinoff  USA TODAY
eBay 'could spin off PayPal next year'  Telegraph.co.uk
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US leading indicator increases solidly in July
WASHINGTON (Reuters) - A gauge of future U.S. economic activity rose more than expected in July, boosting hopes of stronger growth in the second half of the year.
US Leading Economic Index Rises 0.9% In July, More Than Expected  RTT News
Gauge of US economy rises 0.9 percent in July  SFGate
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