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U.S. markets news

S&P 500 on track to end at record; BoJ move adds fuel to rally
NEW YORK (Reuters) - U.S. stocks rose sharply on Friday, with the Dow hitting an intraday record high as the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives.
Japan Lets Loose on Global Rates  Wall Street Journal
Banks lead FTSE higher after Japanese stimulus boost  euronews
New York Times   Related articles »  
Jonesing for java? Starbucks plans to deliver
Attention java junkies: Starbucks wants to put you one step closer to your morning fix. The coffee retailer is planning to launch a food and beverage delivery service in select markets during the second half of next year, said the chain's CEO Howard Schultz on ...
Starbucks to start delivering coffee to your desk
Starbucks' Top-line Growth in FY2014 Driven By Higher Pricing & ...  Forbes
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Gas prices to drop below $3 for the first time since 2010
For the first time since Dec. 22, 2010, Americans will be able to fill up their gas guzzlers without too much pain at the pump. On Saturday, the average gas price in the U.S.
Gas prices to drop below $3 for the first time in, like, forever  Fortune
U.S. Gasoline Average Below $3 for First Time Since 2010  Bloomberg
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US consumer spending falters; wage gains highest since 2008
WASHINGTON, Oct 31 (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter.
Consumers Need Fuel-Cost Rescue as U.S. Spending Falls: Economy  Bloomberg
US consumer spending down 0.2% in September  The Detroit News
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Consumers not letting Ebola or other fears hurt outlook
The scary stuff is out there - shaky days a few weeks ago on Wall Street, Ebola, sticker shock in the dairy aisle, you name it. But consumers posted their most optimistic outlook since before the start of the Great Recession.
Consumer sentiment index at 7-year high  USA TODAY
Consumers are feeling better than they have in years  CBS News
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Profits Up, As Chevron Outspends Exxon On Megaprojects
Exxon posted net income of $8.1 billion, 2.5% higher in the quarter, with particularly strong results from U.S. upstream operations.
Exxon, Chevron results boosted by refining as oil prices slip  Reuters
Exxon, Chevron shrug off effect of low oil prices
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Farewell to the Fed's QE3, a monetary job well done
The Federal Reserve this week quietly ended its third bout of quantitative easing, an experiment that contrived to attract warnings of doom both for being withdrawn and for starting in the first place.
Fed's Narayana Kocherlakota defends dissent, cites drop in inflation outlook  Economic Times
Fed's Kocherlakota: Dissent Driven by Persistent Inflation Weakness  Wall Street Journal (blog)
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Key beer markets go flat for AB InBev
World Cup cheer fizzled out for the world's biggest brewer, Anheuser-Busch InBev after quarterly beer volumes were hit by weakness in its three biggest markets - Brazil, the US and China - and a 20 per cent sales drop in Russia.
Anheuser-Busch InBev profits rise despite lower 3Q sales volume
Anheuser Busch Inbev SA (BUD) Announces Quarterly Earnings, Misses ...  sleekmoney
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Citi cuts earnings due to regulatory probes
NEW YORK (AP) - Citigroup has slashed its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month.
Citigroup sets aside $600 million more to cover legal costs  Reuters
Citigroup cuts $600m from Q3 profits for legal costs  Arab News
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UK Says Will Pay Off Part of World War One-era Debt Next Year
Britain's Chancellor of the Exchequer George Osborne leaves 10 Downing Street in central London, July 16, 2014. Suzanne Plunkett/Reuters.
The UK Will Finally Repay The 4% War Loan From 1927  Forbes
The perpetual battle over War Loan  FT Alphaville (registration)
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