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U.S. markets news

US Paychecks Grow at Record-Slow Pace
WASHINGTON - U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans.
US wages increase at slowest rate since 1982  Financial Times
TREASURIES-Prices rally on record low increase in Q2 labor costs  Reuters
Delmarva Public Radio  
Yahoo tries to get more fashionable with Polyvore purchase
Yahoo Inc (YHOO.O) said on Friday it accepted actually buy fashion starting time Polyvore to assist send targeted traffic and build up its cellular and interpersonal public offerings.
Yahoo Acquires Polyvore to Become More Fashionable  Dakota Financial News
Yahoo buys social shopping website Polyvore  Al-Arabiya
University of Michigan: Consumer sentiment dips in July
WASHINGTON (AP) - U.S. consumer sentiment slipped this month but remains at healthy levels, the University of Michigan said Friday.
Consumer sentiment in US declines on weaker expectations  THE BUSINESS TIMES
ArcelorMittal expects apparent steel consumption to remain flat in 2015
The composite uptick value was $5.64 million while the combined downtick value was $3.87. The net money flow for the block trade was 1.11.
ArcelorMittal SA (MT) Issues Earnings Results  Watch List News
Colorado pot bank sues the Federal Reserve System
The credit union is hoping that the federal judge will sort out the matter which will help in financing the growing marijuana industry to move from cash-only to the safer and better regulated banking system.
Pot industry's bank bid rejected by federal regulators  Paradise Post
Banking for Pot Industry Hits a Roadblock  New York Times
Head of failed Japan-based bitcoin exchange Mt. Gox arrested
The head of the failed Japan-based bitcoin exchange Mt. Gox was arrested in Tokyo on Saturday on suspicion of inflating his cash account by $1 million, authorities said.
Failed bitcoin exchange chief arrested in Japan, suspected of inflating ...  Fox News
MtGox Bitcoin CEO 'misused customer funds': Japanese media  Economic Times
Royal Caribbean Ups Outlook
10 The cruise line operator raised its '15 EPS outlook to $4.65-$4.75 from $4.45-$4.65. Analysts expected $4.61. Q2 EPS grew 27% to 84 cents, 11 cents over estimates, and revenue rose 4% to $2.06 bil, in line with views.
Royal Caribbean raises forecast as demand improves; shares surge  Business Recorder (press release) (blog)
Royal Caribbean Reverses Course, Predicting Smooth Sailing for Rest of Year  TheStreet.com
High-end indoor cycling chain SoulCycle files to go public
SoulCycle, the fitness chain known for its highly produced indoor cycling classes, has filed for an initial public offering, Reuters reports.
SoulCycle, the Latest Fitness Chain to File for an IPO - Analyst Blog  Nasdaq
SoulCycle, gearing up for expansion, files for initial public offering  California Turkish Times
Oil posts worst decline in 2015 as rig count rise
Crude-oil futures closed lower Friday, with West Texas Intermediate crude for September delivery CLU5, -3.61% giving up $1.40, or roughly 2.9%, to settle at $47.12 a barrel.
UPDATE 10-Oil drops for 5th week; US crude in biggest monthly fall since 2008  Reuters
Why A $70000 Minimum Salary Isn't Enough for Gravity Payments
Sales representatives work Wednesday, April 15, 2015, at Gravity Payments, a credit card payment processor based in Seattle. Earlier this year, Gravity CEO Dan Price told his employees that he was cutting his roughly $1 million salary and using company ...
CEO counting cost of �45000 minimum wage decision  Telegraph.co.uk
CEO Who Raised Minimum Salary To $70k Falls On Hard Times  Daily Caller