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U.S. markets news

VW surpasses Toyota as world's largest automaker in first half of 2015
Volkswagen surpassed Toyota as the world's largest automaker in the first half of 2015, fulfilling a long-held goal, despite a sales slump in the U.S.. Volkswagen sold 5.04 million vehicles in the first six months of the year, edging Toyota's 5.02 ...
CORRECTED-UPDATE 2-VW overtakes Toyota as world's biggest carmaker  Reuters
This Company Just Overtook Toyota to Become the World's Top Automaker  TIME
Washington Times  
Strong Home Sales, Limited Supply Lift US Home Prices in May
WASHINGTON - U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year. The Standard & Poor's/Case-Shiller 20-city home price index climbed 4.9 percent in May from 12 months earlier, down slightly from a 5 percent ...
Home price increases stay steady  USA TODAY
Home-Price Growth Remained Solid in May  Wall Street Journal
Ford warns China car sales may see first fall since 1990
Ford has predicted industry-wide sales will be flat or fall in China this year - the world's biggest car market. The car giant expects 23 million to 24 million car sales in China, compared with 24 million last year.
Ford Has Strength in North America Beyond F-150: CFO  Bloomberg
Ford Earnings Jumped in 2nd Quarter  New York Times
US consumer confidence drops in July
NEW YORK: US consumer confidence weakened in July, due in part to a less optimistic outlook on the labor market, according to a private sector report released on Tuesday.
US consumer confidence falls to lowest level since September  Madison.com
Sharp Drop in Consumer Confidence in July; Blame Jobs  Barron's (blog)
Wall Street rises after China market steadies
U.S. stocks were higher on Tuesday and were on track to break a five-day losing streak as a selloff in Chinese stocks eased and investors shifted focus to corporate earnings.
Wall Street rebounds on earnings  The Australian
Dow, S&P rise after five-day selloff; Fed meeting eyed  The Star Online
Pilot training fell short in Virgin Galactic crash, investigators say
CAPE CANAVERAL, Fla. Test pilots at the helm of a Virgin Galactic passenger spaceship that crashed last year were unaware of the catastrophic consequences of unlocking the craft's moveable tail section too early because of poor training, investigators ...
NTSB Blames Co-Pilot Error in Virgin Galactic SpaceShipTwo Crash  NBCNews.com
NTSB blames aircraft builder for Virgin Galactic crash  Los Angeles Times
Why China's stumbling stock market won't trip up US earnings
An electronic board on a pedestrian overpass in Shanghai's financial district displays Shanghai and Shenzhen stock indices. By.
Deals, Earnings Spur Stocks as China and Commodities Stabilize  Bloomberg
Why You Should Root for China's Stock Market to Keep Crashing  Slate Magazine (blog)
Old Russian Submarine Wreck Found in Swedish Waters
STOCKHOLM—The Swedish military said Tuesday that a wrecked submarine discovered recently just off the country's east coast did belong to Russia but has been lying on the sea bed for almost a century.
Swedish military says divers' wreck find likely Russian submarine that ...  Fox News
Sweden says submarine wreck probably Tsarist-era Russian vessel  The Guardian
Amazon creates startup service to find the next GoPro
The company wants to be the go-to retail platform for emerging products. Amazon is offering a new service that will make life easier for start-up founders.
Amazon's New Launchpad Page Showcases Startup Products  Forbes
Amazon Launchpad helps startups get products to customers  Engadget
US Homeownership Drops To Its Lowest Level Since 1967
Data released by the Census Bureau on Tuesday reveal that the U.S. homeownership rate stood at 63.4% for the second quarter of 2015.
US homeownership rate tumbles to record low in second-quarter  Reuters
U.S. Homeownership Rate Declines to 63.4%, Lowest Since 1967 (1)  Chicago Tribune