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U.S. markets news

US Economy Grew at 2.3% Rate in 2nd Quarter
The American economy regained its footing last quarter, expanding at an annual rate of 2.3 percent amid a better trade picture, robust consumer spending and a healthy housing sector.
Economists React to Second-Quarter GDP: 'By No Means Satisfying'  Wall Street Journal (blog)
Consumer spending bolsters US second-quarter growth  Reuters
USA TODAY  
Greek Leader Seeks to Quash Rebellion With Party Vote
ATHENS, Greece - In a bid to consolidate his political support and complete a crucial bailout with creditors, Greek Prime Minister Alexis Tsipras on Thursday called for a vote within his party to decisively sideline rebels opposed to the rescue deal.
Greek Prime Minister Alexis Tsipras Calls for Syriza Party Vote to Address ...  Wall Street Journal
How Tsipras Plans to Make Party Rebels Put Up or Shut Up  Bloomberg
Venezuela currency crisis hits P&G
Procter & Gamble's fourth-quarter profit slump and muted outlook sent the shares of the world's largest consumer down nearly 4 per cent, as analysts expressed their growing frustration over the slow pace of the turnround.
Stocks to Watch: Facebook, P&G, Whole Foods, Time Warner Cable  Wall Street Journal (blog)
Stocks drop as economy shows modest growth  USA TODAY
Stick a fork in Whole Foods?
Whole Foods may be toast. Granted, it's toast made from pricey, gluten-free, organic honey oat bread. But toast nonetheless. Shares of Whole Foods (WFM) plunged more than 10% Thursday after the high-end natural grocery chain reported sales and profits ...
Whole Foods Sales Are Getting Hit By Bad Press About Overcharging  Forbes
Whole Foods Needs Some Good News After Its Pricing Scandal. It's Still ...  Slate Magazine (blog)
Shell to cut 6500 jobs as cheap oil hurts profits
Royal Dutch Shell said Thursday it'll cut about 6,500 jobs and capital investment this year as it restructures and dumps some businesses to prepare for a "prolonged downturn" in oil prices.
Shell to Cut 6500 Jobs as Profit Drops  Wall Street Journal
Shell toughens local project hurdles  The Australian
Boeing CEO: We're considering moving parts of company to other countries
Out-going Boeing CEO Jim McNerney delivered a bombshell recently, adding to the controversy over the Export Import Bank. (AP). Comments.
Businesses fume as Congress lets Export-Import Bank stay dead  Politico
The Boeing Company (NYSE:BA) Workers Showed Discontent at McNerney Job Prospects  Benchmark Monitor
US Jobless Claims Inch Up From Lowest Level Since 1973
WASHINGTON—The number of U.S. workers filing applications for jobless benefits last week rose from a four-decade low, but the broader trend suggests the labor market is strengthening.
US jobless claims increase, but still near cycle lows  Reuters
Applications for US Jobless Aid Rise to Still-Low 267000  ABC News
Dollar rises as US growth supports rate-hike view
NEW YORK The dollar rose to its highest level this week on Thursday as news of faster U.S. economic expansion in the second quarter supported the notion that the U.S.
Dollar and Treasury yields rise as US economy improves  Financial Times
Rates Market's Message to Currency Traders: Dollar Rally Is Back  Bloomberg
Charter cable deal target Time Warner Cable adds customers
NEW YORK (AP) - Time Warner Cable Inc. on Thursday reported a drop in second-quarter profit as higher costs offset a boost in subscriber growth.
Time Warner Cable Profit Falls, Despite Strong Subscriber Growth  Wall Street Journal
Time Warner Cable misses on Q2 earnings, revenue  USA TODAY
UPDATE 1-Fiat Chrysler reports robust quarter, narrows gap with US rivals
(Adds details, New York trading). MILAN/DETROIT, July 30 (Reuters) - Fiat Chrysler Automobiles (FCA) reported robust growth in North American profit in the second quarter Thursday and boosted its full-year forecast, as the world's seventh-largest ...
Fiat Chrysler's Profit Jumps as North America Margins Improve Strongly  Wall Street Journal
Fiat Chrysler reports 2nd quarter profit despite fines  USA TODAY