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U.S. markets news

GDP Report Offers Clearer Picture of Economic Growth
The big U.S. economic picture is starting to look a lot better despite a first half that generated an array of all-over-the map data, not least a first-quarter GDP report that showed the economy had shrunk during the first three months of the year ...
US economy expands at 2.3 percent in second quarter, picking up speed  Washington Post (blog)
Lower Oil Prices Boost Pressure on Consumers to Drive Economic Gains  Wall Street Journal (blog)
Reuters  
How Tsipras Plans to Make Party Rebels Put Up or Shut Up
It seems that one surprise referendum wasn't enough for Greek Prime Minister Alexis Tsipras. The leader of Europe's most indebted country is taking on dissenters within his own party, Syriza, who claim that the bailout deal he accepted violates his ...
Dissenters threaten third Greek bailout package  The Times (subscription)
Tsipras seeks ruling party members' vote on bailout  Kathimerini
Procter & Gamble sales fall for sixth straight quarter
REUTERS - Procter & Gamble Co (PG.N), the world's largest consumer products maker, reported its sixth straight fall in quarterly sales, as the stronger dollar continued to weigh on the value of sales from overseas markets.
Wall St. Is Down in Early Trading  New York Times
Stocks to Watch: Facebook, P&G, Whole Foods, Time Warner Cable  Wall Street Journal (blog)
Average US rate on 30-year mortgage falls to 3.98 percent
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.
Mortgage rates fall for second week in a row  Washington Post (blog)
The Zacks Analyst Blog Highlights: Freddie Mac, PGT, Quanex Building ...  Nasdaq
Gold Down on Dollar Strength, Fed Rate Worries
Gold prices fell Thursday as investors reassessed their expectations for the timing of interest rate increases in the U.S. and as a stronger dollar dulled the metal's appeal to foreign buyers.
Gold falls 1 pct as dollar rises on Fed rate expectations  Reuters
Gold futures fall as US GDP data lifts the dollar  MarketWatch
Boeing CEO: We're considering moving parts of company to other countries
Out-going Boeing CEO Jim McNerney delivered a bombshell recently, adding to the controversy over the Export Import Bank. (AP). Comments.
Businesses fume as Congress lets Export-Import Bank stay dead  Politico
UPDATE 4-Boeing may move work abroad with Ex-Im future uncertain -chairman  Reuters
Applications for jobless aid rise
More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market.
US Jobless Claims Inch Up From Lowest Level Since 1973  Wall Street Journal
US jobless claims increase, but still near cycle lows  Reuters
Is This The End Of Whole Foods' Organic Growth?
Until recently, Whole Foods was one of the hottest stocks you could buy. Not any more. As its stock rose over 1000% from the beginning of 2009 to the end of 2013, Whole Foods' outstanding growth dominated the supermarket industry.
Stick a fork in Whole Foods?  CNNMoney
Whole Foods Tumbles as Mainstream Grocers Nab Organic Buyers  Bloomberg
Shell to Cut 6500 Jobs as Profit Drops
LONDON— Royal Dutch Shell RDS.A 4.35 % PLC announced plans to slash 6,500 jobs Thursday amid a slump in oil prices that has sent a wave of job cuts rippling through the industry.
Shell toughens local project hurdles  The Australian
Here's why oil giant Shell is slashing thousands of jobs  Fortune
T-Mobile shares up after Q2 earnings beat
T-Mobile shares are up nearly 4% after the wireless provider added 2.1 million subscribers in the second quarter. T-Mobile (TMUS) beat Wall Street estimates with its Q2 performance of $8.2 billion in revenue, up from $7.2 billion in the same quarter ...
T-Mobile's revenue beats due to strong customer additions  Reuters
T-Mobile's second-quarter profit beats estimates  The Seattle Times