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U.S. markets news

Poverty rate posts 1st drop since '06; Latinos show big strides
The poorest Americans, particularly those who are Latino, finally are showing signs of joining in the economic recovery as the nation's poverty rate dropped significantly last year for the first time since 2006.
Poverty rate falls as middle-incomes stall  MarketWatch
Poverty Rate Dips For First Time Since 2006  Annenberg TV News
Juvenile Justice Information Exchange   Related articles »  
US Stocks Rally as Investors Look to Fed on Rates
U.S. stocks rallied, with the Dow closing just short of a record, as investors weighed the likelihood that the Federal Reserve will continue to emphasize low interest rates coming out of its policy-setting meeting Wednesday.
Stocks end higher on bet Fed won't change rate stance  Reuters
Fed speculation fuels stock gains; Dow rises 100 points  Tribune-Review
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With Coffers Running Dry, Is Sears Holding Corp. Doomed?
Losses in the second quarter widened to $573 million from $194 million in the year-ago period. With just over $1 billion in cash and equivalents at the end of the quarter, and chewing through $715 million in net cash from operating activities over the first six ...
Sears borrows $400 million from CEO's hedge fund  MarketWatch
Eddie Lampert has a big problem with appliances � and...  Mynextfone
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China's Stock-Index Futures Rise on Report Banks Get PBOC Funds
China's stock-index futures rose on a media report the central bank is providing 500 billion yuan ($81.4 billion) of liquidity to the country's five biggest lenders to bolster the economy.
Korea Won Gains Most in Three Weeks on Fed Bets, China Stimulus  Bloomberg
Asian Shares Gain on China Stimulus  Wall Street Journal
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Grab a free coffee at McDonald's during breakfast hours through September 29th!
MILWAUKEE (WITI) - Great news for coffee lovers! McDonald's is giving away one small coffee per customer at participating restaurants across the country.
Amid coffee rivalry, McDonald's Canada to sell java in grocery stores  GlobalPost
FREE COFFEE: McDonald's offering free cups of Joe for limited time  NewsNet5.com
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Argentina Warns of 'Severe Measures' Over US Diplomat's Remarks
BUENOS AIRES--Argentina's government scolded a U.S. diplomat on Tuesday for remarks he made about the country's recent default, implying he could be expelled if he makes similar comments again.
Default? What default? Argentina slams US for using "D" word  Reuters
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Wynn Is Given Casino License in Boston Area
BOSTON - After a tortuous, monthslong process, the Massachusetts Gaming Commission on Tuesday chose Wynn Resorts as the winner of the sole license for a casino in the lucrative Boston area.
Mass. gambling commission approves Wynn proposal for casino in Everett  Boston Globe
Massachusetts Gaming Commission awards Boston-area casino license to ...  GazetteNET
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How Yahoo Can Maximize Its $35B Alibaba Stake
By following John Malone's playbook, Yahoo may be able to spin off its shares without a tax hit. Email; Print; Comments; Order Reprints.
Is Alibaba coming to America?  USA TODAY
Alibaba IPO is in high demand, but who are its customers?  Christian Science Monitor
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Rackspace staying independent
SAN ANTONIO - Forgoing a sale or partnership after a four-month review of its options, Rackspace Hosting Inc. said Tuesday that it has decided to stay independent, execute its �managed cloud� strategy and continue to go toe-to-toe with large competitors ...
Rackspace Isn't For Sale, Appoints New CEO  Silicon Hills News
Rackspace To Stay Independent, Names Rhodes CEO; Stock Plunges  RTT News
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Microsoft hikes its dividend by 11%
Kraft Foods Group Inc. Chief Financial Officer Teri List-Stoll and Visa Inc. Chief Executive Charles W. Scharf will join the board, effective Oct. 1, increasing the size of the board to 12.
Microsoft Boosts Dividend 11%, Adds New Directors  NDTV
UPDATE 1-Microsoft boosts dividend 11 pct, adds new directors  Reuters
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