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U.S. markets news

Fed expected to push ahead with rate hike plan
WASHINGTON The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September.
Faster pace of Fed hikes could spook market  USA TODAY
Dollar Bulls Chasing Data Trail Expect Yellen to Stick to Script  Bloomberg
FoxReno.com  
European Factors to Watch-Shares seen opening higher
LONDON, July 29 European stocks were seen opening higher on Wednesday, helped by a slight stabilisation in the hard-hit Chinese stock market while many investors were also expected to refrain from taking big positions ahead of a policy decision from ...
China Shares Teeter on Losses  Wall Street Journal
Europe opens higher amid earnings onslaught  CNBC
How or why to use the service, Twitter's big growth problem
By Vindu Goel SAN FRANCISCO - If you are like most people, you don't see the point of Twitter - and that's a big problem for the company.
Twitter shares fall as growth of monthly users slows  Irish Independent
Twitter shares fall as growth of monthly users slows down  Hindustan Times
Nikkei Vies for Global Clout With Splurge on The Financial Times
TOKYO - Not long after he took over as president of Japan's dominant business newspaper in April, Naotoshi Okada delivered a message to his 1,300 reporters and editors.
Opinion: What Nikkei's takeover of the FT tells us about Asia  MarketWatch
Are Pearson Shares A Buy After FT 'Trophy' Asset Sold To Nikkei?  UtahHerald.com
Wall Street ends sharply higher as China jitters ebb
The Dow Jones industrial average and S&P 500 chalked up gains of more than 1 percent, while the Nasdaq Composite lagged slightly.
Morning MoneyBeat Asia: US Stocks Recoup Monday Losses, and Then Some  Wall Street Journal (blog)
Dow up nearly 200 as Street ends 5 days of losses  USA TODAY
Volkswagen Profit Falls on China Weakness
BERLIN— Volkswagen AG VLKAY 2.87 % 's after-tax earnings slipped in the second quarter because of weakness in China and restructuring charges in its trucks business, Europe's largest car maker by sales said Wednesday.
Volkswagen posts 4.9 per cent gain in Q2 earnings due to cost cuts, Europe ...  Economic Times
VW Lowers Sales Forecast as Russia, South America Falter  Bloomberg
Amazon sees drone zones for future delivery fleet
Washington • The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.
Amazon Wants Airspace Reserved For Delivery Drones, Reports Say  CBS Local
Amazon proposes drones-only airspace for delivery: Report  Firstpost
Yelp's 2Q results, outlook disappoint as stock plunges
Yelp is getting skewered by investors after the online business review service sank to a second-quarter loss and dimmed its outlook amid a slowdown in its digital advertising sales.
Yelp Posts Surprise Loss as Revenue Growth Slows  New York Times
Shares of Yelp Inc. (NYSE:YELP) Sees Large Inflow of Net Money Flow  Insider Trading Report
Dallas-area home prices grow at almost twice the national average
The Dallas area had one of the highest home price gains in the country in the latest nationwide comparison. Dallas home prices in May were up 8.4 percent from a year ago in the new Standard & Poor's/Case-Shiller Home Price Index.
United States home prices up in May  Huntington Herald Dispatch
Case-Shiller Indices Show Home Prices Clearly Outpace Inflation  Economic Populist
FAA investigating Allegiant Air jet that nearly ran out of fuel
Federal officials are investigating why an Allegiant Air passenger jet nearly ran out of fuel before landing at an airport that was temporarily closed to most traffic.
HEAR IT: Allegiant Air pilot makes emergency landing  Dispatch Times
Pilot with three minutes of fuel left told he can't land because airport ...  New Zealand Herald