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U.S. markets news

McDonald's 2Q same-store sales slow amid economic uncertainty
McDonald's Corp. same-store sales slowed in the second quarter, the company said Tuesday, amid a broader slowdown in the restaurant industry and mounting economic uncertainty.
Big McDonald's comeback runs into trouble  CNNMoney
McDonald's customers are 'exploiting' the company with a ...  Business Insider
CNBC  
Vizio acquired by Chinese tech company LeEco for $2 billion
Chinese electronics firm LeEco is buying American TV manufacturer Vizio for $2 billion. The acquisition was announced during a press event this morning in Los Angeles, giving LeEco an instant foothold in the US television market.
LeEco Buys Vizio, and Thus the US Market  PC Magazine
Pioneering Internet Ecosystem Company LeEco Acquires VIZIO for $2B  PR Newswire (press release)
Man faces prison time for recycling scheme straight out of 'Seinfeld'
MICHIGAN - A Michigan man hauling more than 10,000 bottles faces up to five years in prison and a $5,000 fine for a recycling scheme reminiscent of a classic Seinfeld episode, according to officials.
Man Hauled 10K Cans in Refund Scheme, Cops say  WDJT
Man Tries to Pull Off Bottle Recycling Scam from 'Seinfeld' Episode  Munchies_ Food by VICE
Labor leaders beat up on Trump
With help from Cogan Schneier and Adam Behsudi. LABOR LEADERS BEAT UP ON TRUMP: Six different labor leaders spoke Monday night at the Democratic National Convention, and most took whacks at Donald Trump.
A popular conspiracy theory is spreading in the Trump family. It's ...  Washington Post
Local jobless rate increases in June  Dayton Daily News
Gold Edges Higher Ahead of Fed
Gold prices ended higher Tuesday as traders awaited the outcome of the Federal Reserve's July policy meeting. Gold for August delivery settled up 0.1% at $1320.80 a troy ounce on the Comex division of the New York Mercantile Exchange.
'The ducks have aligned,' but the Fed will probably miss its biggest ...  Business Insider
Fed Doves Won't Be Able to Rule the Roost Forever  Bloomberg
US consumer confidence steady; new home sales near eight-and-a-half-year high
WASHINGTON U.S. consumer confidence held steady in July and new single-family home sales hit their highest level in nearly 8-1/2 years in June, suggesting sustained momentum in the economy that could allow the Federal Reserve to raise interest rates ...
US New-Home Sales Posted Solid Gain in First Half of 2016  Wall Street Journal
U.S. new home sales rise more than expected in June  Nasdaq
Twitter Shares Plummet On Slowing Revenue Growth, Weak Outlook
Twitter TWTR -1.07% shares fell more than 10% in after-hours trading after the social network on Tuesday reported second quarter revenue that missed analysts' estimates and forecast weak third-quarter revenue.
Twitter Posts Second Quarter Results of $602 Million in Revenue  PR Newswire (press release)
Twitter dives after mixed Q2: $602M sales, $0.13 EPS, MAUs up 3% 313M  TechCrunch
Caterpillar Cuts Guidance, Announces More Job Cuts
Caterpillar Inc. CAT 5.16 % said Tuesday it doesn't anticipate a rebound this year for its construction and mining equipment, as the company shrunk its profit forecast and warned of additional layoffs.
Caterpillar shares up on earnings beat; cuts 2016 outlook  Reuters
Caterpillar Reports Second-Quarter 2016 Results  PR Newswire (press release)
FCA's astounding sales streak actually ended in 2013, after revision
Fiat Chrysler Automobiles said Tuesday it has revised the way it counts monthly sales figures of new cars and trucks and now says its impressive sales streak of 75 months of consecutive sales gains actually ended in September 2013.
Fiat Chrysler revises sales, shows streak ended in 2013  STLtoday.com
So sorry about your analysis  Automotive News (blog)
What big city had biggest home-price bump in May? Chicago
Chicago's home sale prices are climbing, though not on par with national growth, according to the latest Case-Shiller numbers.
One segment of the US economy is flourishing  CBS News
Increase in US home prices falls short of expectations  Reuters