MarketWatch - Monday, August 25, 2014

By CBS News

Published 08/25 2014 08:27AM

Updated 08/25 2014 08:29AM

The Nikkei is up 74 points today in Tokyo.
The Dow dropped 38 points by the close Friday.
The Nasdaq rose 6.

Investors go into the final week of August with a laundry list of economic data to wade through. One of the highlights is the second estimate of second quarter growth. It's likely to show a rebound from first quarter figures that were dragged down by severe winter weather across much of the country. Economists also will see pending home sales figures, home price data and the latest readings on consumer confidence.

Good news for fast food lovers. A California company has rescued the "Hot Dog on a Stick" company from bankruptcy. The franchise, known for its franks and lemonade, filed for Chapter 11 in February because of higher rents and declining sales. The company has more than 100 locations in 11 states as well as in Brazil, Dubai and South Korea.

And… Oscar winner Tom Hanks has another hit on his hands - literally. The actor's newly launched typing app called Hanx Writer has topped Apple's iTunes charts  - ranking as the number one app in the productivity section and overall. The app is free and allows users to replicate the experience of using a manual typewriter without any of the hassle. Hanks launched the app because he says he has an affinity for manual typewriters.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon


Featured Business