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U.S. markets news

US entering steady growth pace: IMF
New Delhi: The US is entering a phase of steady growth of over 2.5% for at least four years, the International Monetary Fund (IMF) said on Tuesday, advising the Federal Reserve to normalize interest rates at a gradual pace, keeping in mind its ...
IMF presses Federal Reserve to delay interest rate rise as $A dips below US74�  The Australian Financial Review
Global political and economic upheaval threatens US growth, IMF warns | Reuters  Firstpost
USA TODAY  
FOREX-Euro sinks to five-week low vs dollar; commodity currencies slump
(Adds comment, updates prices). * Euro drops below $1.10, dollar index at one-month high. * Lower German Bund yields also weigh on euro.
Obama Urges Germany, Greece to Compromise on Emergency Financing  Wall Street Journal
The Latest: Greek Tax Revenues Doing Well, Official Says  ABC News
These Chinese stocks are crash-tacular
Chinese stocks are completely falling apart. But some of the crashes in individual Chinese stocks are utterly crash-tacular. Eight Chinese stocks that trade on major U.S.
China's stock slump pits the party against punters  Financial Times
Wall Street drops as China hits commodities, Greece crisis drags | Reuters  Firstpost
We Tried Shake Shack's New Chicken Sandwich
In a move sure to shake up the sandwich world, recently-public burger chain Shake Shack, owned by famed restauranteur Danny Meyer, announced Tuesday that its three Brooklyn locations would for a limited time offer the ChickenShack, a fried chicken ...
Shake Shack launches first-ever chicken sandwich dubbed the ChickenShack ...  New York Daily News
Today's Shake Shack Move Should Put A Convertible Bond On The Menu  Forbes
AMD's Chips Are Down Even Further
The pain isn't over for Advanced Micro Devices. AMD -15.38 %. The chip maker also known as AMD tumbled on Tuesday. The shares slid sharply after the company announced that second-quarter revenue and gross margins would fall short of its earlier ...
Shares of Advanced Micro Devices fall to nearly 3-year low after weak  Fox Business
AMD just the latest to highlight floundering PC market  MarketWatch
Jeb Bush and Hillary Clinton support bankruptcy rights for Puerto Rico
Puerto Rico has two very powerful allies in its debt drama: Jeb Bush and Hillary Clinton. Both 2016 presidential candidates support giving Puerto Rico the same legal bankruptcy rights that states have.
No. 2 US House Democrat supports legislation to restructure Puerto Rico debt  Reuters
General Mills says it will switch to cage-free eggs
The maker of products like Cheerios, Yoplait yogurt and Pillsbury baking doughs will stop buying eggs that come from caged hens, the company announced Tuesday.
General Mills Moves Toward Cage-Free Eggs  TIME
General Mills commits to 100% cage-free eggs  MarketWatch
Trade deficit grew to $3.3 billion in May: StatsCan
OTTAWA -- Canada's trade deficit grew to $3.34 billion in May from $3.0 billion in April, increasing chances the Bank of Canada will cut its key interest rate next week, economists said Tuesday.
Unitedf States trade deficit widens on fall in exports  Financial Express
Canada trade deficit widens unexpectedly in May  Moneycontrol.com
Carnival plans cruises to Cuba -- but hold the cigars
Getting a foothold in a potentially lucrative new market, Carnival Corp. announced Tuesday that it has approval from U.S. officials to begin travel to Cuba next year.
Carnival Aims to Launch Miami to Cuba Cruises in May  ABC News
Carnival Corp. Receives U.S. Approval to Set Sail for Cuba  Fox Business
American Apparel couldn't live with Dov Charney—but can it live without him?
Stores aren't the only thing on the American Apparel chopping block. (Andrew Burton/Getty Images). Share. Written by. Marc Bain.
Inside the turnaround plan that could save American Apparel  Business Insider
American Apparel Closing Stores in an Effort to Save Money, Rebrand  Newsmax