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U.S. markets news

US Inflation Reading Advanced Only Modestly in March
WASHINGTON-—Inflation remained modest in March, a sign that pricing pressures are in check amid slow growth in the U.S. and overseas, and low oil prices.
Tame US inflation bolsters Fed caution on rate hikes  Reuters
Consumer spending growth slows despite jump in income  Los Angeles Times
New York Times  
Investors Optimistic About Oil-Company Stocks After Earnings
Exxon Mobil Corp. reported its worst quarterly results since 1999 on Friday, the latest in a parade of woeful earnings from oil and gas producers world-wide for the first three months of 2016 as a global supply glut dragged down prices and ate into ...
Refining's silver lining loses luster at Exxon and Chevron  Reuters
Exxon Puts a Tiger in Your (Chemical) Tank as Oil Profits Fall  Bloomberg
Valeant files overdue financial report, ending debt default, but its troubles ...
Valeant Pharmaceuticals International Inc. resolved its default on some of its $30 billion in debt by filing its long-overdue U.S.
Valeant CEO Michael Pearson Had Chance at $2.66 Billion Payday  Bloomberg
Valeant Pharmaceuticals Files Annual Report On Form 10-K For Year Ended ...  PR Newswire (press release)
$458 billion in taxes go unpaid every year
The United States routinely lives above its means by spending more than it takes in. But that's not entirely intentional. Part of the problem is that every year there's an estimated $458 billion 'tax gap' -- taxes that are owed but not paid.
IRS Data Show Tax Gap Has Reached $458 Billion  Accountingweb.com
IRS Issues $406 Billion Net Tax Gap Estimate  Forbes
PayPal says its Venmo payment service is being investigated by FTC for unfair ...
PayPal Holdings Inc. said U.S. regulators are investigating the company's Venmo free peer-to-peer payment service in connection with potential unfair trade practices.
Faruqi & Faruqi, LLP is Investigating PayPal Holdings, Inc. (PYPL) on ...  PR Newswire (press release)
PayPal probed over Venmo cash-flinging app  The Register
Starbucks Opens First Store in Ferguson in Low-Income Community Outreach ...
Starbucks opened its first store today in Ferguson, Missouri, as part of a national outreach program to provide jobs to locals, create opportunities for the youth and revitalize the community in low to medium-income "diverse" communities.
Starbucks opens in Ferguson, as company eyes bolstering urban footprint  USA TODAY
Starbucks Opens its First Store in Ferguson  Fortune
For Eurozone Economy, It's Back to the Future
Protesters demonstrated against unemployment in front of the Greek Parliament in Athens this month. Credit Alkis Konstantinidis/Reuters.
What Slump? How Eurozone Growth is Bucking the Global Trend  Wall Street Journal
Eurozone Economic Recovery Gathers Pace -- 5th Update  Nasdaq
Amazon just made a move that should get packages to you even more quickly
Amazon is going the extra mile to get products to your door even more quickly. The e-commerce giant is opening two new fulfillment centers in New Jersey that would help the company quickly ship orders to a greater scope of its customer base, according ...
Amazon Smashes 1Q Earnings Estimates, AWS Still The Star  Nasdaq
How Amazon convinced you to pay up for shopping  CBS News
UPDATE 1-Chevron adjusted profit misses expectations
(Adds unit data, earnings comparison, stock movement). By Ernest Scheyder. HOUSTON, April 29 Oil and gas producer Chevron Corp on Friday posted an adjusted profit that fell short of Wall Street's expectations, as its cost cuts failed to fully offset ...
Chevron posts a wider-than-expected loss  FuelFix (blog)
Chevron Corporation Continues Chasing a Moving Target in Oil (CVX)  Investorplace.com
Morning Market Movers: Monster Beverage Corporation (MNST), ArcelorMittal SA ...
Monster Beverage Corporation (NASDAQ:MNST) is trading up with a percentage change of 11.46 % and is at $142.49 right now. The Company's market capitalization stands at $25.96 Billion in the current trading Session whereas, its outstanding shares are ...
Monster Beverage Q1 Results Exceed Expectations  Benzinga
Monster Beverage stock rises after Coca-Cola deal boosts sales, profit  OCRegister