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U.S. markets news

US employment costs post smallest gain on record in second-quarter
WASHINGTON U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack.
Wages grew in Q2 at slowest pace since 1982  USA TODAY
Worker Pay in U.S. Shows Smallest Gain in Records to 1982  Bloomberg
Financial Times  
US consumer sentiment slips in July
NEW YORK U.S. consumer sentiment fell in July, according to a survey released on Friday. The University of Michigan's final July reading on the overall index on consumer sentiment came in at 93.1, down from 96.1 in June.
University of Michigan: Consumer sentiment dips this month  Washington Post
Consumer Sentiment in U.S. Declines on Weaker Expectations  Bloomberg
Exxon profit halved by tumbling crude price; shares drop
Exxon Mobil Corp (XOM.N) reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company.
Exxon Mobil's Q2 income falls 52% due to low oil prices  USA TODAY
Stocks to Watch: Exxon, Chevron, LinkedIn, Coca-Cola  Wall Street Journal (blog)
UPS to Buy Coyote Logistics for $1.8 Billion
United Parcel Service said on Friday that it would buy Coyote Logistics, a smaller transportation and logistics provider, for $1.8 billion in cash.
UPS Buying Coyote Logistics for $1.8 Billion  ABC News
UPS to buy Coyote Logistics for $1.8 billion from Warburg Pincus  Reuters
China's fever for next-gen listings
One of the most prominent figures in the Chinese internet sector and the founding president of Google China has had his own very public battles with the Chinese government.
China securities regulator had no direct contact with top executives at HK ...  Reuters
China stocks look set for biggest monthly loss in six years  The Globe and Mail
Trade Negotiators Reach Environmental Accord
LAHAINA, Hawaii - Trade negotiators from the United States and 11 other Pacific nations reached agreement late Thursday on broad environmental protections for some of the most sensitive, diverse and threatened ecosystems on earth, closing one of the ...
Trans-Pacific Partnership must not undermine US rules on intellectual property  Los Angeles Times
Japan says TPP is not a place to negotiate currencies  Reuters
EU Opens Investigation Into FedEx's Acquisition of TNT Express
BRUSSELS—The European Commission on Friday opened an in-depth investigation into FedEx Corp. FDX 0.36 % 's €4.4 billion ($4.8 billion) deal to buy TNT Express TNTEY 0.72 % NV, saying it was concerned about the merged company's dominance in ...
EU opens in-depth inquiry into Fedex's planned takeover of TNT  Reuters
FedEx Bid for TNT Faces In-Depth Review as EU Raises Concerns  Bloomberg
Russian central bank cuts key rate by 50 basis points, warns on cooling economy
MOSCOW Russia's central bank cut its key interest rate by 50 basis points to 11 percent on Friday as expected, saying risks of the economy cooling now outweighed inflation risks.
Russia rate cut adds to pressure on rouble  Financial Times
Bank of Russia Cuts Interest Rates Again  Wall Street Journal (blog)
The U.S. Economy Is on Track to Cap a Lost Decade for Growth
A worker tightens a bolt on a completed lawnmower at a manufacturing facility in Coatesville, Indiana. Photographer: Luke Sharrett/Bloomberg.
Confused About What Inflation Is, The Fed Wants To Put You Out Of Work  Forbes
America's economy is doing much better than you think  The Week Magazine
CompaniesAirbus enjoys solid quarter, confirms FY guidance
A solid performance across its portfolio has prompted Airbus to confirm its outlook for the full year, with an added boost from the value of its order book on the back of a stronger US dollar.
Airbus aims to double A350 output in 2016, sees A380 sales soon  Reuters
A320 demand driving ramp-up decision by year-end: Airbus  Times of Oman