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U.S. markets news

Charter Communications nears $55 billion deal for Time Warner Cable
Time Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S.
Charter Deal With TWC More Likely to Get Approval Than Comcast  Wall Street Journal
Some consumers wary of possible Charter-Time Warner merger  Los Angeles Times
Fed''s Fischer Sees Short-Term Rate at 3.25%-4% in Three to Four Years
HERZLIYA, Israel---Federal Reserve Vice Chairman Stanley Fischer said Monday the central bank expects to follow a " gradual and relatively slow" trajectory of short-term interest-rate increases over the next three to four years to bring borrowing costs back to ...
Fed's Fischer Says Rate Hike Debate Driven by Data, Not Date  Bloomberg
Fed's Fischer says data will drive rate decision  The Australian Financial Review
China to Reduce Import Taxes to Spur Spending and Growth
China announced Monday that it would cut import taxes on clothing, cosmetics and some other goods by half as a new tactic to generate more consumer spending and economic growth.
Tariff reductions made to boost retail sales  ecns
China cuts import taxes to boost consumer demand  BBC News
Oil Trades Near $60 as Mideast Violence Flares Before OPEC Talks
Oil traded near $60 a barrel amid rising violence in the Middle East before OPEC meets to discuss its production quota next month.
Crude oil prices rise on Mid-East violence  Irish Examiner
NYMEX-Crude oil futures steady as firm demand meets ample supply  Reuters UK
Time running out for Greece, warns European rescue fund chief
The head of the European rescue fund has warned that there is “little time left” for Greece to agree a deal with its creditors.
Ireland 'benefiting' from Greek debt crisis  Irish Examiner
Tsipras wins backing over bailout talks  Financial Times
Russian officials want inmates to do labor to keep down costs of hosting 2018 ...
MOSCOW - Russian officials want to use prison labor to keep down costs for hosting the 2018 World Cup. The nation's prison service is backing a bid by Alexander Khinshtein to allow inmates to work at factories.
Russia Eyes Use of Prison Labor to Prepare for World Cup  TIME
Russia plans to use prison labor for 2018 World Cup  Post-Bulletin
Deja vu: Snyder begins (yet another) week pushing for road money
This week, the Detroit Regional Chamber's annual Mackinac Policy Conference gets underway on Mackinac Island. This is when Lansing, political Lansing at least, empties out of town and heads north to rub shoulders - and click cocktail glasses - with ...
Mackinac meeting to focus on roads, schools, urban revival  Alpena News
Drivers see lowest Memorial Day weekend gas prices in years
According to AAA, there were more people traveling on Memorial Day weekend this year than there's been in a decade. One reason why drivers say they hit the road is because lower gas prices than usual for this holiday weekend.
Michigan summer travel season heats up after long winter
Gas prices set to fall
Hurricane Preparedness Sales Tax Holiday Begins
CHARLOTTESVILLE, VA (NEWSPLEX) -- The Atlantic Hurricane Season starts next week, and Virginia residents have the chance to get ready this week and not pay sales tax.
VA Hurricane Preparedness Sales Tax Holiday Underway  NBC 29 News
Virginia offers tax holiday for hurricane preparedness items
Cost of radio spectrum an obstacle to Postive Train Control
Investigators check out the inside of a Metrolink commuter train car in Chatsworth, Calif. on Sunday Sept. 14, 2008. At least 25 people have been killed in the Friday collision of a Metrolink commuter train and a freight train in the San Fernando Valley.
Congress should invest in rail safety  The News Journal
Lessons from Amtrak: Invest in infrastructure, safety and a rail future for ...  Kansas City Star