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U.S. markets news

Los Angeles-area home price gains slow in May, Case-Shiller shows
Home prices in the nation's largest cities climbed 9.3% in May, the smallest gain since February 2013. Above, a home for sale this month in Alameda, Calif.
Housing Prices Jump Though Top of Market Cools Off  TIME
Home prices rise, but more slowly  Atlanta Journal Constitution
National Mortgage Professional Magazine   Related articles »  
Twitter stock surges on strong earnings report
SAN FRANCISCO - Twitter shares surged up 30% in after hours trading with news that the micro-blogging site had handily beaten Wall Street expectations.
Twitter's user growth beats targets, shares skyrocket  Reuters
Twitter Tops Quarterly Estimates for Sales, User Growth  Bloomberg
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McDonald's disputes NLRB decision linking it with franchisees
McDonald's shares responsibility with its franchisees in issues regarding working conditions, according to the general counsel of the National Labor Relations Board.
Report: Regulator Names McDonald's a 'Joint Employer'  Entrepreneur
Labor Regulator Says McDonald's Corp. Counts as a "Joint Employer ...  TheStranger.com
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Red Lobster goes upscale with new plating and pricing
Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants.
Red Lobster bets on fancier-looking plates  CNNMoney
​Can Darden rebound after selling Red Lobster?  CBS News
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Stocks turn mixed at midday ahead of economic data
NEW YORK - Major stock indexes turned mixed in midday trading as investors waited for a series of key economic reports from the U.S.
Overseas Troubles Pressure Dow Jones Industrial Average Lower  Schaeffers Research
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Ex-Im president defends bank
The president of the Export Import Bank on Tuesday doubled down in defense of his embattled organization, saying it has a long history of good behavior despite a story last month alleging that four officials were engaged in a kick-back scheme.
Former Export-Import Bank official pleads Fifth  Politico
The debate over Ex-Im is a decisive moment for conservatives: Democrats are ...  United Liberty
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Best and Worst Cities for Delinquent Debt, from Texas to Minnesota
Cities in the southeastern U.S. have the biggest share of consumers with unpaid debt, a new report says. The Urban Institute, a Washington-based think tank, published a detailed report on Tuesday on the level of delinquent debt around the country.
About 35 Percent of Americans Have a Debt in Collections  Hartford Courant
More than 40 percent of Bham adults have debt in collections  Birmingham Business Journal
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UPS 2Q Profit Drops, Lowers Outlook on Spending
UPS is willing to sacrifice some short-term profits to avoid a repeat of its failure last Christmas to deliver all packages on time.
E-Commerce: A Blessing and a Curse for UPS  Fox Business
UPS cuts forecast as it boosts spending  Financial Times
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ComScore data show potential for combined Zillow, Trulia to dominate
The latest comScore numbers on consumer traffic to real estate search portals bolsters predictions that Zillow's plans to acquire Trulia will put the company in a league of its own in its ability to connect homebuyers and sellers with real estate brokers and ...
Zillow deal to buy Trulia creates real estate digital ad juggernaut  Los Angeles Times
Zillow CEO on buying up competitor Trulia amid rush of corporate mergers  Fox News
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Dollar store merger means more competition
Competition among discount stores is about to ramp up with Dollar Tree's acquisition, and revitalization, of Family Dollar's more than 8,200 stores, analysts and industry experts say.
Family Dollar and Trulia are big market movers  SFGate
Don't Expect Change in the Dollar-Store Landscape  Barron's
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