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U.S. markets news

US Second-Quarter GDP Expands at 4.0% Rate
WASHINGTON�The U.S. economy surged in the second quarter, more than offsetting a first-quarter contraction and putting growth back on an upward trajectory in 2014.
Economy heats up in Q2 after harsh winter  USA TODAY
US GDP Growth�Maybe, Possibly, Ask Again Later�Hits 4 Percent  Businessweek
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Can Twitter hold on to solid growth in users?
Twitter's stock jumped nearly 30 percent in after-hours trading on Tuesday following the release of its quarterly earnings, as a solid growth in active users soothed concerns about the future of the microblogging site, but some analysts remain skeptical.
Twitter: Our growth is no fluke. Really  CNET
Twitter Stock Rises 30 Percent on Strong Second Quarter Earnings  Billboard
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Bond Default by Argentina Appears Likely
Photo. Graffiti in Buenos Aires says, �No to the payment of the debt.� Hedge funds have won court victories demanding full payment on the bonds.
Argentine banks to offer to buy holdouts' debt at discount-banking source  Reuters
After A Decade of Bad Blood with Bondholders, Argentina Faces Default  Newsweek
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GLOBAL MARKETS-Euro touches eight-month low, Europe shares subdued
... * Weak inflation lifts bets on further ECB policy easing. * European shares slip as Total hurt by Russia. * MSCI Asia erases losses, climbs to 6-1/2 year high.
Euro-zone business confidence holds up  MarketWatch
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Fed meeting may give clues on interest rates
With the Federal Reserve all but certain to continue winding down its economic stimulus this week, analysts will be scouring its statement for changes that could shed light on when it will begin raising interest rates.
US inflation accelerates sharply in second quarter  MarketWatch
Hilsenrath: Modest Growth Beneath the Surface Keeps Fed on Track  Wall Street Journal (blog)
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Viral Vid: Miraculous Train Near-Miss
The first thing to remember before you watch this video is the two women on the tracks are alive and well. A little traumatized and a lot in trouble with the law, but alive and well.
Here's What Happens When You Fool Around On Train Tracks (VIDEO)  Huffington Post
Women run over by train, survive  NBC26
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Jobs and the Economy: What Today's Numbers Mean
The economy had a much better second quarter than most experts thought, and July hiring wasn't bad either--at least in most sectors.
Survey: US companies add 218000 jobs in July  Dallas Morning News
Private Sector Slows Pace of Hiring  Wall Street Journal
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Sprint Q1 meets expectations, but subscriber loss still an issue
Sprint on Wednesday reported in line first quarter results, but is still losing subscribers. The mobile network carrier posted a quarterly profit of $23 million, or one cent per share, on revenue of $8.79 billion (statement).
Sprint Posts 1st Profit Since '07 as Customer Losses Ebb  Businessweek
CORRECTED-Sprint's revenue beats estimate as network upgrade progresses  Reuters
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Hess Forms Tax-Advantaged Unit as Profit Beats Estimates
Hess Corp. (HES:US) soared to a five-year high after reporting better-than-expected quarterly earnings and saying it will form a tax-advantaged master-limited partnership to hold railcars, trucking, storage and processing facilities in North Dakota's booming ...
Why Hess (HES) Stock Is Higher Today
Hess plans spinoff of Midstream assets  MarketWatch
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Fiat 2Q profits drop by more than half
MILAN, Italy -- Italian carmaker Fiat SpA, which controls Chrysler, says its second-quarter profits dropped by more than a half due to lower performance in North and Latin America.
Fiat second quarter profits fall 55%  Lansing State Journal
Fiat Profit Plunges on Weak Sales in Europe and Latin America  Wall Street Journal
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