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U.S. markets news

The best Chinese stock NOT named Alibaba
Investors are salivating for the upcoming Alibaba initial public offering like one of Pavlov's dogs that's just heard a bell ring.
Alibaba risk: China's rise leaves out investors
Alibaba boosts price range for its US IPO  USA TODAY
Bloomberg   Related articles »  
Poverty rate posts 1st drop since 2006 thanks to more full-time jobs
Protesters calling for a higher minimum wage picket in front of a McDonald's restaurant this month in downtown Los Angeles. Protesters calling for a higher minimum wage picket in front of a McDonald's restaurant this month in downtown Los Angeles.
Poverty in U.S. Declines for First Time Since Before Recession  Bloomberg
Poverty Rate Drops for the First Time Since 2006  ABC News
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UPS boosts holiday hiring to avoid delivery delays
UPS disappointed thousands of customers last year when it couldn't keep up with package shipments and left many without their gifts in time for Christmas.
UPS to hire up to 95000 temporary workers  Financial Times
UPS Will Double Its Seasonal Hiring To Avoid 2013 Repeat  Headlines & Global News
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Weakness in A/D line a sign for caution: Cantor
NEW YORK (Reuters) - U.S. stocks were higher on Tuesday, but despite the gain in major indexes the ratio of advancing stocks to declining ones was weak, which Cantor Fitzgerald sees as a sign of markets becoming stretched.
U.S. stocks turn higher; Fed meeting in focus  MarketWatch
MARKET SNAPSHOT: U.S. Stocks Turn Higher; Fed Meeting In Focus  NASDAQ
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Tuesday Must Reads: PUC and PG&E Officials Ousted for Wrongdoing ...
1. The scandal involving PG&E and the state officials who are supposed to regulate the industry deepened with the firing of top executives and the revelation that the California Public Utilities Commission helped Pacific Gas & Electric select a favorable judge ...
PG&E officials leave posts over improper emails  Post-Bulletin
California, explosion of pipeline in San Bruno continues to rip heavy penalty  Techsonia
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Fed Seen Doubling Reverse Repos to Raise Interest Rates
The Federal Reserve will have to double its borrowing through overnight reverse repurchase agreements in order to raise its benchmark interest rate from near zero, according to economists surveyed by Bloomberg.
Stocks mixed as Fed kicks off 2-day meeting  USA TODAY
Wall Street Moves Higher as Fed Meeting Begins  New York Times
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UPDATE 2-Weak gasoline, food prices dampen US producer inflation
... * Producer prices unchanged in August. * Core producer prices edge up 0.1 percent (Adds details, analyst comments, background).
Wholesale inflation flattens out in August  MarketWatch
Wholesale Prices in U.S. Were Little Changed in August  Bloomberg
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Calpers Is Done With Hedge Funds; Paid $135 Million in Fees Last Year for 7.1 ...
The California Public Employees' Retirement System's decision to divest its entire $4 billion from hedge funds came after officials concluded the program couldn't be expanded enough to justify the costs.
Why Calpers Tired of Vampire Hedge Funds  Forbes
UK pension fund criticises hedge fund fees  Financial Times
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Ikea recalls swing because of breakage risk
NEW YORK (AP) - Ikea is recalling its Gunggung fabric swing because the suspension fitting that attaches the swing to its steel hooks could break, causing a fall that could injure a child.
IKEA Recalls Children's Swing Due To Fall Hazard  WKEF ABC 22
Ikea recalls Gunggung child swing  KLTV
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US CEOs gloomier about hiring, spending plans: survey
(Reuters) - U.S. chief executive officers are gloomier about their plans for hiring and capital expenditures over the next six months, and are more wary about their sales prospects, according to a quarterly survey from the Business Roundtable released on ...
CEO says AT&T has difficulty finding workers with the right skills  MarketWatch (blog)
US CEOs less optimistic about hiring, spending  Modesto Bee
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