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U.S. markets news

Fed Indicates It Is Close to Raising Interest Rates as Labor Market Tightens
WASHINGTON - The Federal Reserve remains on track to raise interest rates later this year. The Fed said economic growth continued to meet its expectations, and it indicated officials did not need to see much more progress before raising rates ...
Fed modestly raises outlook, stays mum on rate hike prospects  USA TODAY
Fed Stands Pat on Rates, Sees Job Progress  Wall Street Journal
Washington Post (blog)  
Weak home purchase contracts hint at pause in sales activity
WASHINGTON Contracts to buy previously owned U.S. houses unexpectedly fell in June after five straight months of increase, suggesting some cooling in home resales activity after recent hefty gains.
Pending Sales of U.S. Existing Homes Unexpectedly Declines  Bloomberg
US pending home sales slip in June  The Australian
US stocks stay higher after Fed leaves rates unchanged
U.S. stocks stayed higher on Wednesday after the U.S. Federal Reserve left its key interest rate unchanged and said the economy and job market continued to strengthen.
Stocks Stay Higher After Fed Statement  Wall Street Journal
U.S. stocks rise amid earnings; Fed meeting in focus  TODAYonline
S&P 500 Movers: AKAM, CTXS
In early trading on Wednesday, shares of Citrix Systems (CTXS) topped the list of the day's best performing components of the S&P 500 index, trading up 7.8%.
Citrix Systems, Inc. (CTXS) Stock Upgraded On Board Reshuffled: Baird  Business Finance News
Citrix Systems PT Raised to $78.00 at Barclays (CTXS)  Dakota Financial News
Twitter shares plunge day after chief executive admits problems
Twitter Inc. shares plunged to their lowest point in more than a year early Wednesday, a day after interim chief executive and co-founder Jack Dorsey bluntly told analysts the social media platform faces serious problems.
Twitter wants to become more like Facebook, and it's a terrible idea  Vox
Being frank not enough, Twitter needs to broaden portfolio  Financial Express
Delta Introduces Latest Commercial Airline Perk: Upgrades to Private Jets
For a few very frequent fliers, an upgrade no longer means a seat in first class. On Delta, the very best customers will have the option to fly private instead.
How to upgrade to a private jet for $300  WAPT Jackson
Delta Is About to Offer One of the Coolest Upgrades Yet—to Very Few Flyers  Bloomberg
UPDATE 1-US crude stockpiles fall 4.2 mln barrels in latest week - EIA
(Adds analyst comments, crude futures prices). NEW YORK, July 29 (Reuters) - U.S. crude oil inventories declined far more than expected last week, while gasoline stocks decreased amid robust demand for the motor fuel, data from the Energy Information ...
US Crude Oil Stocks Unexpectedly Drop; Distillates Rise Again  Wall Street Journal
Oil Rises After U.S. Crude Stockpiles Decline Amid Output Drop  Bloomberg
MasterCard Reports Weaker-Than-Expected Revenue Growth
Payment-card network MasterCard Inc. MA 1.45 % on Wednesday reported second-quarter earnings that were close to flat from year-earlier levels, with revenue growth that was slightly weaker than expected.
MasterCard 2Q Profit Slips and Revenue Falls Short  ABC News
Higher incentives, strong dollar weigh on MasterCard's revenue  Reuters Canada
Activists Rappel off Oregon Bridge to Stop Shell Icebreaker
Environmental activists rappelled off Portland's tallest bridge early Wednesday in an effort to stop a Shell Oil Arctic icebreaker from leaving the city.
Activists dangle from bridge in Shell Oil protest  USA TODAY
Activists rappel to stop Shell  Chron.com
China reaction to stock market fall will affect reform -US' Lew
WASHINGTON, July 29 U.S. Treasury Secretary Jack Lew said on Wednesday that the Chinese government's reaction to its falling stock market will signal how dedicated the country is to its reform agenda.
Talk about voter turnout: More than a million opinions on $10 bill revamp  USA TODAY
Treasury sees more than a million comments on $10 bill redesign  Chicago Tribune