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U.S. markets news

Fed Is Likely to Delay 1st Rate Hike in 9 Years a Bit Longer
The Federal Reserve is moving toward raising interest rates from record lows - just not likely yet. On Wednesday, when it ends its latest policy meeting, Fed officials will issue a statement that will be parsed for clues to just when the first rate ...
Bond Investors Doubt Fed Clarity on Rates  Wall Street Journal
As Fed satisfies, it edges toward its firstrate hike since 2006  Observer News
Jack Dorsey says he will spare no sacred cows at Twitter
As Twitter's quarterly conference call with analysts began, Jack Dorsey played with his iPhone and laughed. Twitter's co-founder and interim chief executive was being filmed live on Periscope, the company's video app, as he prepared to discuss ...
Twitter shares fall as growth of monthly users slows  Reuters
Twitter Revenue Up 61%, but User Growth Lags  New York Times
Asia stocks up as China steadies, wary of Fed
SYDNEY Asian shares were mostly higher on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, though caution was the watchword ahead of a policy decision from the U.S.
Asian stock markets post cautious gains ahead of Fed statement, keep wary ...  Minneapolis Star Tribune
Asian markets mostly recover from hefty sell-off  BusinessWorld Online Edition
Amazon seeks drone 'skyway'
New York - Online retail colossus Amazon wants to carve out a special zone of the sky to shuttle commercial drones that would deliver goods to its customers.
Amazon proposes drone superhighways  PCWorld
Drone traffic control? NASA, Amazon, Google partner to manage self-driving ...  San Jose Mercury News
Wall Street Ends Sharply Higher as China Jitters Ebb
U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S.
Markets Live: Strong start in sight  Sydney Morning Herald
Wall St ends five-day losing streak  ABC Online
Yelp Posts Surprise Loss as Revenue Growth Slows
Yelp, the consumer review website, reported a surprise loss and forecast revenue for the current quarter that fell far below market expectations, sending its shares plummeting in after-hours trading on Tuesday.
UPDATE 2-Yelp reports surprise loss, revenue forecast disappoints  Reuters
Yelp shares plunge after earnings disappoint  Los Angeles Times
FAA investigating airliner that nearly ran out of fuel
LAS VEGAS (AP) - Federal officials are investigating why an Allegiant Air passenger jet nearly ran out of fuel before landing at an airport that was temporarily closed to most traffic.
Investigation Continues Into Emergency Landing At Fargo Airport  Valley News Live
Dallas-area home prices grow at almost twice the national average
The Dallas area had one of the highest home price gains in the country in the latest nationwide comparison. Dallas home prices in May were up 8.4 percent from a year ago in the new Standard & Poor's/Case-Shiller Home Price Index.
United States home prices up in May  Huntington Herald Dispatch
S&P: Home prices 'increasing twice as fast as inflation, wages'  Seaside Courier
Amazon Launchpad carves out flashy new shelf space just for start-ups
Amazon revealed a new wing of its massive online marketplace - an improved digital bazaar built specifically for start-ups. On Tuesday, Amazon cut the ribbon on Launchpad, which will give new companies a place to sell their products and tell their ...
Disruption: Amazon Launchpad offers startups launch, market and distribution ...  SiliconANGLE (blog)
Amazon Launchpad store will sell goods from startups  Computerworld India
The staggering success of Gilead's hepatitis drugs, in one chart
When Gilead paid $11 billion for Pharmasset in 2011, it was seen as a risky move. Now, it's clearly one of the biggest biotech steals in many years.
How a hugely overpriced hepatitis drug helped drive up US health spending  Los Angeles Times
Gilead profit beats Wall Street forecasts  SFGate