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U.S. markets news

Consumers Priming US Economic Pump
It looks like Americans might be willing to spend a bit more of the money rattling around in their pockets. The Commerce Department on Thursday reported that gross domestic product grew at 2.3% annual rate in the second quarter, which was less than ...
Consumer spending bolsters US second-quarter growth  Reuters
Economy bounces back: GDP grows 2.3% in second quarter  USA TODAY
Washington Post (blog)  
As Ex-Im Bank languishes, Boeing considers moving part of its operations overseas
Boeing may move parts of its operations to other countries in light of the uncertainty over the Export-Import Bank after Congress allowed its charter to expire earlier this summer.
Boeing chairman threatens to move operations overseas over political flap
Boeing says considering moving work overseas due to Ex-Im saga  Dispatch Times
Showdown between Whole Foods and Trader Joe's coming to LA
The first test for Whole Foods Market Inc.'s new value-oriented stores will be in one of the nation's most competitive grocery landscapes.
Why Shares of Whole Foods Market Inc. Slumped on Thursday  Fox Business
Whole Foods CEO: 'There's No Magic Bullet For Restoring Whatever ...  CBS Local
Why are more millennials living at home today than at the height of the recession?
Pew Research Center's graphic shows how the share of young adults ages 18-24 living away from their parents or another adult relative has decreased even as labor conditions since the Great Recession have improved.
Why are so many millennials still in the basement?  Chicago Tribune
The Story of Debt in the US  ACA International
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  New York Times
Greece, Europeans must reach deeper deal before IMF program possible
WASHINGTON The International Monetary Fund can only approve new loans for Greece after Athens reaches an agreement with European governments that would ensure it can pay its debts, an IMF official said on Thursday.
Greece crisis escalates as IMF witholds support for a new bail-out deal
IMF won't join Greek bailout before reforms, debt relief  Washington Post
Samsung Electronics posts 8 per cent fall in Q2 net profit
SEOUL: South Korean giant Samsung Electronics posted an 8.0 per cent fall in second quarter net profit today and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings.
Samsung likely to cut price of Galaxy S6 as earnings fall for a fifth quarter  New York Daily News
Galaxy S6 fails to reverse Samsung's fortunes as profits fall
NBCUniversal in talks to invest up to $250 million in Buzzfeed News
NBCUniversal is in talks to invest as much as $250 million in Buzzfeed News as part of the traditional media giant's efforts to appeal to millennials who get much of their news online - rather than from watching a talking head on TV.
NBCUniversal Said to Be Near Investing in BuzzFeed and Vox  New York Times
Comcast's NBCUniversal in Talks to Invest in BuzzFeed  Wall Street Journal (blog)
FOREX-Dollar gains as US growth supports rate-hike view
... * U.S. Q2 GDP data supports view on Fed rate hike. * Greenback gains against major currencies. * FT report on IMF raises doubt about Greece bailout (Updates trading with FT report on IMF/Greece).
Key levels to watch in a rising dollar as Fed rate hike nears  MarketWatch
Gold Down on Dollar Strength, Fed Rate Worries  Wall Street Journal
InterContinental Hotels Says It Isn't in Combination Talks with Starwood
LONDON— InterContinental Hotels Group IHG 0.80 % PLC said Thursday it isn't in talks with Starwood Hotels & Resorts Worldwide Inc. HOT -3.23 % over a possible combination of the two businesses.
Starwood Hotels reaches out to potential bidders: sources  Reuters
InterContinental Hotels Denies Reports of Starwood Merger Talks  Bloomberg