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U.S. markets news

The U.S. Economy's Top Speed Has Probably Been Overestimated for Years
Revisions to the U.S. gross domestic product since 2011 reinforce the shift to a slower era of economic growth and underscore the difficulties the Federal Reserve faces in gauging just when to inch interest rates away from the zero-lower bound ...
Consumer spending bolsters US second-quarter growth  Reuters
Consumers Priming US Economic Pump  Wall Street Journal
Sky News Australia  
NBCUniversal close to investing in BuzzFeed: source
LOS ANGELES Comcast Corp's (CMCSA.O) NBCUniversal film and television unit is close to making an investment in online publisher BuzzFeed and is in talks to raise its stake in Vox Media, a person with knowledge of both sets of discussions said on ...
NBCUniversal near deal to invest $250M in BuzzFeed  USA TODAY
NBCUniversal in talks to invest up to $250 million in Buzzfeed News  Los Angeles Times
Worms found in neighborhood's drinking water
A company spokesperson told us no worms have been found at the half dozen system test sites, but as a precaution the entire system has been flushed, chlorinated and a boil water notice in now in place.
Texas: Worms in the Water  MyHighPlains
Gross! Worms flow from Texas town's tap water as horrified residents ...  Daily Mail
As Ex-Im Bank languishes, Boeing considers moving part of its operations overseas
Boeing may move parts of its operations to other countries in light of the uncertainty over the Export-Import Bank after Congress allowed its charter to expire earlier this summer.
Boeing chairman's Ex-Im comments draw heat from union, yawns from analysts  Charleston Post Courier
Boeing May Move Some Work Offshore If Ex-Im Bank Closes  24/7 Wall St.
Showdown between Whole Foods and Trader Joe's coming to LA
The first test for Whole Foods Market Inc.'s new value-oriented stores will be in one of the nation's most competitive grocery landscapes.
Whole Foods' stock is teetering on the edge of a scary technical cliff  MarketWatch
Whole Foods chewed up by these groceries  USA TODAY
Jobless claims climbed last week from four-decade low
WASHINGTON - Applications for U.S. unemployment benefits rose last week after reaching a four-decade low, consistent with a stronger labor market.
Jobless Applications Rise, But Number Remains Low  KWTX
Applications for US jobless aid rise to still-low 267000  Ledger Gazette
UPDATE 4-T-Mobile raises 2015 subscriber forecast; results top estimates
... * Reports Q2 revenue of $8.18 bln vs est $7.94 bln. * Raises 2015 postpaid user forecast. * Q2 profit falls 7.7 pct (Adds executive and analyst quotes, updates stock price, adds details on video).
T-Mobile keeps growing, and CEO John Legere won't stop bragging about it  Fortune
T-Mobile Reports Profit Alongside Customer Growth  Wall Street Journal
The Ex-Im Bank Fosters Both Crony Capitalism and Corruption. It's Time For it ...
John Linder served in Congress for 18 years from Georgia. He and his wife, Lynne, have retired to a farm in Northeast Mississippi.
Small businessses that rely on Export-Import Bank 'thrown on the pyre ...  Triad Business Journal
Congress Heads Toward Recess With Export-Import Bank In Limbo  WBAA
IMF waiting on reforms, debt relief before participating in new Greek bailout
The International Monetary Fund said Thursday it will only participate in a third Greek bailout once eurozone creditors have made concrete debt-relief commitments and Athens enacts comprehensive reforms to restructure its economy.
Greek debt crisis: IMF wary of third bailout  BBC News
IMF won't help finance Greece without debt relief  Sydney Morning Herald
High-end indoor cycling chain SoulCycle files to go public
NEW YORK - SoulCycle, the high-end indoor cycling fitness chain, is heading to Wall Street. The New York company filed for an initial public offering Thursday, hoping to raise as much as $100 million.
SoulCycle Files to Go Public  Wall Street Journal
SoulCycle files for IPO  Fortune