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U.S. markets news

US durable goods orders data points to weak business spending
WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery and a range of other goods, suggesting a prolonged downturn in business spending.
US Durable Orders Tumble 4.0% on Overseas Turmoil  Wall Street Journal
US durable goods orders fell 4.0% in June vs. 1.1% drop expected  CNBC
Tulsa World  
US Pending Home Sales Edged Higher in June
WASHINGTON—A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S.
Pending home sales improved slightly in June  CBS News
Pending home sales eked out 0.2% gain in June  CNBC
Verizon talking to cities about fiber expansion after years of stagnation
As Verizon plans a fiber expansion in Boston, CEO Lowell McAdam yesterday said the company is talking to other cities about potentially building fiber networks.
By buying Yahoo, Verizon scoops up a rare prize: Silicon Valley real estate  Los Angeles Times
Author compares Marissa Mayer's reign at Yahoo to 'a pilot who flew ...  Business Insider
And now it's Comcast vs. the wait for the cable guy
NEW YORK - Did you hear the one about the cable company that's actually improving customer service? The punchline: Comcast and its rivals say it's no joke.
Comcast profit drops on film sales, beats Wall Street estimates  Reuters
Comcast Profit Slips Due to Fewer Box-Office Hits  New York Times
Weak trading puts Deutsche's strategy at risk
LONDON, July 27 (IFR) - Deutsche Bank's weaker than expected performance at its all-important debt trading business, where revenues last quarter fell 19% from a year ago, could impact its aim of generating enough profit to fill its estimated 6bn ...
Deutsche Bank's Pain Turns Chronic  Bloomberg
The world's riskiest bank is in trouble  CNNMoney
What is LeEco, and why is it buying Vizio?
This flower smells like a rotting corpse, and you can watch it bloom live right... Business · Home · Mobile · Tech · Transportation · Report.
To see why LeEco bought Vizio, look at the Chinese company's smartphones  Los Angeles Times
The Chinese Company Behind the Vizio Deal  Wall Street Journal
Gold Prices Rise Ahead of Fed Policy Statement
Gold prices rose on Wednesday, after trading in a narrow price range ahead of a policy announcement from the Federal Reserve. Gold for December delivery was recently up 0.5% at $1,335.20 a troy ounce on the Comex division of the New York Mercantile ...
Treasury yields fall to 2-week low as the Fed is set to update policy  MarketWatch
Why the Federal Reserve is rethinking everything  Washington Post
Markets Right Now: US stocks mostly lower at midday
NEW YORK - The latest on developments in global financial markets (all times local): 11:45 a.m.. Stocks are mostly lower in midday trading as a slide in consumer staples stocks outweighs a gain in technology companies.
US stocks rise, helped by jump in Apple shares  Wichita Eagle
Markets Right Now: US stocks open higher  KPVI News 6
McDonald's franchisees' ominous prediction came true
McDonald's all-day breakfast has been a massive success, helping to drive up sales growth after two years of declines. But the excitement from the new menu offering appears to be wearing off, and sales growth is now slowing.
At McDonald's, All-Day Breakfast Cools  Wall Street Journal
All-day breakfast can't fix everything at McDonald's  Washington Post
Tech Shares Climb as Apple Surges
Tech shares rose Wednesday, boosted by gains in Apple. The tech giant, which was up 6.6% in recent trading, gave expectations for the current quarter that exceeded analyst expectations late Tuesday.
US stocks open higher boosted by Apple as Fed looms  MarketWatch
Wall Street gives up gains as Coke, weak oil drag  Reuters