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U.S. markets news

President Seeks Oil Exploration Off East Coast
WASHINGTON - The Obama administration moved Tuesday to open up a vast stretch of East Coast waters to oil and gas drilling, a decision that could have a profound impact on the economic and environmental future of states from Virginia to Georgia.
Obama administration proposes drilling off Carolinas coast  WBTV
Long Road Ahead For Oil Drilling Off-Shore North Carolina  WFAE
Fed patience to be tested, or not?
When the Federal Reserve breaks from its two-day meeting Wednesday, Wall Street will want to know whether it can keep its promise of "patience" as it relates to the start and magnitude of interest rate hikes.
Hard Choices on Easy Money Lie Ahead for Fed Chief  Wall Street Journal
Fed May Signal Mid-year Rate Hike Despite Growing Doubts  PFhub
Stock Swings Unsettle Investors
U.S. stocks fell Tuesday after disappointing results at blue-chip companies like Microsoft and Caterpillar sparked concerns about the strong dollar's drag on earnings growth.
US Company Outlooks Worry Investors; Stocks Tumble  The Ledger
Wall Street falls 1 percent on earnings; Apple rallies late  Reuters
SE Asia Stocks - Singapore up after unexpected policy easing
BANGKOK, Jan 28 (Reuters) - Stocks in Singapore edged higher in range-bound trading on Wednesday as an unexpectedly monetary policy easing lifted sentiment, while Malaysia and Thailand were little-changed ahead of policy reviews by their central ...
Singapore loosens monetary policy  Financial Times
Singapore surprises with easing, clubbing currency  CNBC
By end of 2015, AT&T will be a 'very different company,' CEO says
AT&T Inc. reported revenue of $34.4 billion in the three months that ended Dec. 31, up 3.8 percent from a year earlier. By GARY JACOBSON gjacobson@dallasnews.
AT&T Beats Profit Estimates as Promotions Win Over Customers  Bloomberg
Fitch: AT&T's Acquisition of Nextel Mexico to be Included in ...  Reuters
Consumers are giddy; businesses, not so much
A slew of economic reports Tuesday highlighted the growing confidence of consumers and the emerging concerns of businesses. Consumer confidence surged to a more than seven-year high in January as gasoline prices continued to tumble and job growth ...
Consumer Confidence in US Rises More Than Forecast on Jobs  Bloomberg
Index indicates Utah economy thriving  Deseret News
Yahoo's Mayer saves her job with Alibaba spin
Marissa Mayer likely extended her life as Yahoo's CEO by spinning off the company's stake in Alibaba. The next challenge will be acting fast enough to fix the company's core business.
Yahoo to spin off its stake in China's Alibaba  The Detroit News
Yahoo! investors will get to share new Alibaba money  New York Post
VMware adj profit beats Street for 8th qtr in a row
Jan 27 (Reuters) - Virtualization software maker VMware Inc's adjusted profit beat the average analyst estimate for the eighth straight quarter due to strong demand for its products that help cut the cost of moving data to the cloud.
VMware, Inc. Earnings: Setting Soft Targets for 2015  Motley Fool
VMware's New Tech Shows Promise During Q4, But Shift To Cloud Could ...  CRN
American Airlines Plans $2 Billion Buyback as Fuel Drops
(Bloomberg) -- American Airlines Group Inc. fell the most among its U.S. peers after saying that airfares are starting to drop as low-fare domestic rivals add seating capacity in some markets.
Roundup: American Airlines' 4th-quarter profit gets lift from cheap fuel ...  Tribune-Review
Cheap fuel to save $5 billion at American Airlines
New-Home Sales Hit Highest Level in Over Six Years in December
New-home sales rose to their highest level in more than six years in December, finishing the year on a strong note and suggesting renewed momentum for the sector.
US new home sales jump in December
New home sales rose 11.6% in December  Scotsman Guide News