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U.S. markets news

U.S. Budget Gap Narrows to Smallest Since 2007, CBO Says
The U.S. budget deficit will narrow less than forecast this year even as it falls to the lowest level since 2007 as a share of the economy, according to the Congressional Budget Office.
Estimate: Economy will grow by 1.5 percent in 2014  CBS News
Medicare: Not Such a Budget-Buster Anymore  New York Times
Los Angeles Times   Related articles »  
Labor Day gas prices cheapest since 2010
The late summer slide in global crude oil prices will push the cost of U.S. gasoline to its lowest Labor Day level since 2010. Better yet: prices are likely to continue dropping to 2014 lows by mid-autumn.
Labor Day weekend will see cheapest NJ gas prices in 4 years  The Star-Ledger
GasBuddy Sees Least Expensive Labor Day Driving since 2010  Newport Independent
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Burger King food items we'd like to see go Canadian
iStock. iStock. Burger King/iStock. iStock. Burger King. Tim Hortons. Burger King/iStock. Previous Next. Burger King is officially set to buy Canadian coffee shop Tim Horton's and the beloved burger chain is relocating its headquarters to Canada.
Amid tax inversion craze, some US companies get cold feet  Oman Daily Observer
Warren Buffett: better to 'make the Canadians happy'  SFGate (blog)
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UPDATE 2-Tiffany raises profit forecast as high-end jewelry sales climb
... * 2nd-quarter profit, sales beat estimates. * Americas, Asia-Pacific sales growth buoys results. * Raises full-year profit view to $4.20-$4.30 from $4.15-$4.25.
Tiffany Q2 profit and sales top estimates; to open 10 stores  Chain Store Age
Tiffany Sparkles On Q2 Earnings Growth, Raised Guidance TIF WSM  Investor's Business Daily
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Wall St. flat near record highs, trading volume light
NEW YORK (Reuters) - U.S. stocks remained flat near record levels on Wednesday and while overall trading was thin, a number of retail stocks attracted outsized action after reporting results.
Stocks trading flat with light volume  Newsday
Stocks flat as S&P 500 wavers near 2000; Tiffany pops  MarketWatch
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French Court to Lagarde: J'Accuse!
Christine Lagarde is under fire from French judged in a scandal dating back to President Sarkozy. She denies any wrongdoing, and plans to soldier on in Washington.
IMF's Christine Lagarde placed under formal investigation in France  Washington Post
Q&A: The Bernard Tapie affair  Financial Times
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UPDATE 2-Moscow courts back closure of three McDonald's branches
... * Courts back food safety regulator's decision on closures. * McDonald's says rulings unjustified, will appeal. * Closures comes amid Russia-West tensions over Ukraine.
Russian Courts Uphold Closure of McDonald's Branches  Wall Street Journal
McDonald's first opened in Moscow in 1990  BBC News
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UPDATE 3-Alibaba revenue soars ahead of IPO
(Adds details, background). By Abhirup Roy. Aug 27 (Reuters) - China's Alibaba Group Holding Ltd , which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest ...
Alibaba sales surge ahead of IPO  Financial Times
Alibaba is generating insane profits  CNNMoney
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Biz Break: Pandora overwhelmingly white, close to gender equality [San Jose ...
Aug. 20--Today: Pandora Media releases workforce diversity data that shows Oakland's largest tech company to be more than 70 percent white and nearly equal along gender lines.
Silicon Valley labor groups target tech 'segregation' in push to ...  Silicon Valley Business Journal
Actually, Minority Workers Are Everywhere In Silicon Valley -- They're ...  Huffington Post
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A bio snapshot of Washington Sen. Maria Cantwell
Sen. Maria Cantwell, D-Wash. AGE: 55. LIVES IN: Edmonds, Washington. EDUCATION: Miami University (Ohio). CAREER: U.S. senator since 2001, chairwoman of the Committee on Small Business & Entrepreneurship since February.
Sen. Cantwell targets small business loan gender gap  KIMA CBS 29
Cantwell targets small business loan gender gap  Post-Bulletin
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