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U.S. markets news

Greece fails to present new debt proposal to eurozone leaders
Greek officials are expected to submit a new bailout proposal to European leaders as early as Wednesday after the debt-ridden nation failed to make a new offer at a key meeting Tuesday despite a worsening financial crisis.
Greeks' meeting with euro partners ends for day without fresh proposals  Los Angeles Times
Eurogroup to hold conference call on Greek ESM request Wednesday  Reuters
The Economist (blog)  
IMF again warns Fed to hold off on rate hikes
The Marriner S. Eccles Federal Reserve Board Building, Friday, June 19, 2015, in Washington. (AP Photo/Andrew Harnik). Citing risks of market volatility and financial instability, the International Monetary Fund again implored U.S.
IMF could play its part to save Greece  Financial Times
Global political and economic upheaval threatens US growth, IMF warns  Reuters Canada
Behind China's Stocks Bailout: A Need to Salvage New Economy
Who to bail out? And who to let fail? Those are questions policy makers round the world have faced repeatedly in recent years. In China, the leadership's all-guns-blazing policy response to a stock-market correction shows how its priorities have ...
Alibaba stock hits lowest point since IPO  USA TODAY
Wall Street Drops as China Hits Commodities, Greece Crisis Drags  NDTV
EMC to Sell Dropbox Rival Syncplicity
EMC Corp. EMC -0.27 % is ending a three-year foray into the kinds of data-storage services offered by Dropbox Inc. and Box Inc., BOX -3.78 % agreeing to sell control of its Syncplicity business to the investment firm Skyview Capital LLC.
Sync 'n' sod it: EMC might be shaping up to sell Syncplicity  The Register
General Mills plans major move toward cage-free eggs in update to animal ...
MINNEAPOLIS - Food manufacturer General Mills Inc. has updated its animal welfare policy to include a major move toward cage-free eggs.
General Mills moving toward cage-free eggs  CBS News
General Mills working toward animal welfare goals including using cage-free eggs  Minneapolis Star Tribune
US Trade Gap Increases Modestly in May
The U.S. trade gap expanded modestly in May due to a slowdown in exports, suggesting a stronger dollar and global turmoil will weigh on economic growth this year.
US Trade Deficit Widens in May, Weakness Abroad Fuels Export Drop  NDTV
US Trade Deficit Widens in May as Exports Struggle  ABC News
Home prices hit new highs in 10 states
A limited supply of listings continues to push home prices higher across the nation—so much higher that 10 states and the District of Columbia hit new home price peaks in May.
CoreLogic: South Valley leads May home price jump  Fresno Business Journal
Home prices up by 6.3 percent year over year in May  Central Valley Business Times
Obama plans to put solar panels on low-income homes
housing solar panels President Obama offers new ways to put solar panels on low income housing -- like these panels on a Colorado public housing project -- and expand solar for others with limited access to clean energy.
The White House Wants To Increase Your Access To Solar Power  TIME
The Obama administration is bringing solar power to the masses  Salon
How Much More Starbucks Customers Will Pay Each Year With Today's Price Hike
The latest jump in Starbucks coffee prices today makes a cup of joe a greater luxury for many. The price increase is 5 to 20 cents for most beverages starting today, which the company attributed to various business factors.
Starbucks: Prices for some drinks to go up by 5 to 20 cents  Fox News
Starbucks Raises Prices for Second Time in Two Years  Us Magazine
Clinton says Puerto Rican economy deserves 'fair shot'
WASHINGTON (AP) - Hillary Rodham Clinton says Congress and the Obama administration should help Puerto Rico restructure its debts under Chapter 9 bankruptcy as the island faces an economic crisis.
CORRECTED-Clinton says Puerto Rico should have access to US bankruptcy ...  Reuters
Hillary Clinton pushes 'fair shot' for debt-saddled Puerto Rico  MSNBC