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U.S. markets news

Fed seen holding rates steady as inflation watch continues
SAN FRANCISCO The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation.
Fed trying to beat 'very, very low' credibility  CNBC
Fed Doves Won't Be Able to Rule the Roost Forever  Bloomberg
TheStreet.com  
After Yahoo, Marissa Mayer May Have to Wait for Another CEO Chance
Yahoo Inc. YHOO 0.67 % 's planned sale to Verizon Communications Inc. VZ -1.73 % ended monthslong speculation about the internet company's future.
Hook Stock and Bank Breakups  Bloomberg
Verizon Loses Pay TV Subs Amid Strike, CEO Touts Yahoo Deal, " ...  Hollywood Reporter
Stocks mostly higher; tech leads
U.S. stocks traded in a narrow range Tuesday amid a slew of Dow component earnings and further declines in oil prices. The yen strengthened against the dollar ahead of the Bank of Japan's scheduled meeting later in the week, while Treasury yields were ...
U.S. Stocks Little Changed Amid Earnings, Fed Policy Meeting  Bloomberg
Stocks flat on mixed earnings and as Fed kicks off 2-day meeting  USA TODAY
McDonald's Sales Growth Misses Estimates
McDonald's Corp., the world's biggest restaurant chain, reported same-store sales growth that missed analysts' estimates, stoking concerns that the U.S.
Q2 Earnings Season Opens the Spigot: MCD, VZ, CAT amp; More  Zacks.com
UPDATE 1-McDonald's comparable sales growth misses estimates  Reuters
AB InBev Sweetens SABMiller Offer to Address Sterling's Plunge
Anheuser-Busch InBev NV raised its cash bid for British brewer SABMiller Plc by 2.3 percent to account for the pound's plunge, while maintaining a deal structure that gives the target's two biggest shareholders a sweeter deal.
AB InBev Raises Offer for SABMiller  Wall Street Journal
AB InBev Ups Offer for SABMiller After Brexit Pound Slump  New York Times
McDonald's shares fall as US sales disappoint
McDonald's shares fell more than 3 percent Tuesday as the company's latest results showed that its U.S. turnaround is still a ways off.
Big McDonald's comeback runs into trouble  CNNMoney
McDonald's Posts Lackluster Same-Store Sales Growth  Wall Street Journal
US Home-Price Increases Maintained Strong Pace in May
Home prices continued rising quickly in May, further proof that the housing market had its strongest spring since the recession. The S&P/Case-Shiller Home Price Index, covering the entire nation, rose 5% in the 12 months ended in May, identical to the ...
S&P/Case-Shiller: US home prices rise 5.2% in May; gains ease from prior ...  CNBC
Home Price Increases Ease In May According To The S&P CoreLogic Case ...  PR Newswire (press release)
Amazon Testing Delivery Drones in UK
Amazon and the British government have teamed up to test drone deliveries. The e-commerce giant got the green light to explore innovations in an effort to identify rules and regulations needed to move the drone industry forward.
Amazon's Drones Are Inching Closer to Reality  Motley Fool
Amazon begins testing delivery drones in Britain  Christian Science Monitor
Caterpillar Slashes Guidance, Announces More Job Cuts
Caterpillar Inc. CAT 0.69 % slashed its outlook and said it would cut more jobs this year as the industrial giant continues to try to steady its business amid depressed demand from the oil and gas industries and increased global uncertainty.
BRIEF-Caterpillar posts Q2 earnings of $0.93/share  Reuters
Caterpillar 2Q results top Street, cuts 2016 profit outlook  U.S. News & World Report
'Exactly the Trajectory We Want to be On,' Eli Lilly (LLY) CEO Lechleiter ...
CEO of the drug manufacturing company Eli Lilly (LLY), John Lechleiter, joined CNBC's "Squawk Box" this morning to discuss the company's second quarter earnings.
Lilly Reports Second-Quarter 2016 Results, Provides Financial Expectations ...  PR Newswire (press release)
Fresh off a 9% quarterly sales hike, Lilly sees new launches driving solid ...  FiercePharma