Standard & Poor's declared Argentina in default on its foreign-currency obligations after the government missed a deadline for paying interest on $13 billion of restructured bonds.
AUSTIN, Texas (AP) - Whole Foods reported quarterly sales that fell shy of Wall Street expectations and lowered its outlook for the year, raising worries about the intensifying competition the organic and natural products grocer is facing.
People take pictures in front of a Snapchat sign in Venice Beach last year. (Patrick T. Fallon / Bloomberg). By Andrea Chang, Paresh Dave contact the reporters · StartupsFinanceSnapchat, Inc.Alibaba GroupEconomy, Business and FinanceConsumer Goods ...
... * Fed reduces asset purchases, upgrades economy assessment. * GDP shows stronger economic growth than expected in Q2. * Twitter shares rally a day after results.
The dollar held gains against major peers, trading near its strongest level versus the yen since April, as the U.S. economy grew faster than forecast in the second quarter and the Federal Reserve reduced stimulus again.