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U.S. markets news

US home price growth stalls in May: S&P/Case-Shiller
NEW YORK U.S. single-family home prices in May rose from the previous year at the same pace as April but fell short of forecasts, as housing construction slowed and new home sales lagged existing home sales, a closely watched survey said on Tuesday.
Home Prices in 20 U.S. Cities Climbed at Slower Pace in May  Bloomberg
US home prices rose 4.9 pct. in May, lifted by strong sales  Washington Post
MarketWatch  
UPDATE 1-VW overtakes Toyota as world's biggest carmaker
... * Toyota H1 sales fall 1.5 pct to 5.02 mln cars. * VW reported 5.04 mln H1 deliveries on July 17. * Toyota says emerging markets, mini-vehicle taxes weighed (Adds context on VW, analyst comment and background).
Volkswagen overtakes Toyota to take the lead in global sales  Irish Times
Toyota's global sales dip 1.5% in first-half of year  Economic Times
Fiat Chrysler settlement with govt could prove costly
Fiat Chrysler could be required to lay out billions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle claims that the automaker mishandled nearly two dozen recalls.
U.S. Forces Fiat Chrysler to Buy Back Trucks in Rarely Used Move  Bloomberg
The Morning Risk Report: Auto Regulator Flexes Muscle  Wall Street Journal (blog)
SuperValu exploring spinoff of Save-A-Lot business
July 28 SuperValu Inc said it was exploring a spinoff of its discount supermarket chain, Save-A-Lot, as a publicly traded company.
Supervalu (SVU) Announces Quarterly Earnings Results, Beats Expectations By ...  Dakota Financial News
SUPERVALU (SVU) Tops Q1 EPS by 2c  StreetInsider.com
China's Stock Response Has No Public Face to Calm Turbulent Markets
BEIJING—Wanted in China: a reassuring face to tell panicking investors that everything will be all right. Since China's stock boom turned bust more than a month ago, the Chinese government has put out measure after measure to stanch the bleeding.
Chinese Markets Uneasy After Huge Sell-Off  New York Times
Global stocks rebound, ignoring decline in Chinese markets  Reuters
Ford Earnings Jumped in 2nd Quarter
The Ford Motor Company reported strong profits well above expectations on Tuesday, saying that quarterly earnings were $1.9 billion, up 44 percent compared with a year earlier.
Ford profit surges as big vehicles soar  USA TODAY
Ford's Strong 2Q Profit Is A Sign Of Things To Come, Company Says  Forbes
Florida family unearths gold coins worth over $1M from 1715 shipwreck
A Florida man has uncovered gold artifacts worth over $1 million from the wreckage of a Spanish fleet that sank in a storm off the Florida coast three centuries ago.
US family finds sunken Spanish treasure worth USD 1 million  Business Standard
300 years after shipwreck, treasure hunters find $1M in gold  KSL.com
China stock swoon is wildcard as Fed meets on rates
Federal Reserve Chair Janet Yellen presides over a meeting in Washington on July 20, 2015. (AP Photo/Manuel Balce Ceneta). As the first Federal Reserve interest rate hike in nearly a decade nears, so does the importance of every Fed meeting, policy ...
Grand Central: Why Budget Battles Aren't Likely to Derail Fed Rate Plans  Wall Street Journal (blog)
US Fed interest rate “crawl-off” not yet fixed for September  Reuters Blogs (blog)
The Great Recession Is Finally, Definitively, Over As GDP Per Capita Beats Peak
Quite when a recession is really over is one of those angels and pins arguments. There's a technical definition which is simply when the economy stops shrinking, but there's a number of other ones that could be used and are in fact used in certain ...
UK economy on track  euronews
UK GDP growth: we have rarely had it so good, apparently  The Guardian
Donald Trump Sells New York Penthouse for $21 Million
Presidential-hopeful Donald Trump has sold his penthouse in New York's Trump Park Avenue building for $21 million, according to real estate listing agent Michelle Griffith.
Donald Trump Sells NYC Penthouse For $21 Million  Huffington Post
Trump sells penthouse for $21M  News 12 Westchester