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US Second-Quarter GDP Expands at 4.0% Rate

Wall Street Journal
5 minutes ago
Written by
Nick Timiraos
WASHINGTON—The U.S. economy rebounded strongly this spring after a first-quarter contraction, eking out positive growth over the past six months and raising hopes for sustained growth in the second half of 2014.
US economy bounces back in second quarter
Economy rebounds strongly in 2nd quarter, expands at 4% - by Jim Puzzanghera
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Argentina Bonds Rise to Multiyear Highs on Prospect of Deal

Wall Street Journal - ‎1 hour ago‎
Argentina's economy minister, Axel Kicillof, speaks to the media after leaving negotiations Tuesday in New York. WSJ's Matthew Cowley explains Argentina's dispute with creditors and the long-standing battle that stems from the country's default in 2001.
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Twitter stock surges as World Cup boosts bottom line for social media company

Newsday - ‎26 minutes ago‎
Add comment. Twitter stock surges as World Cup boosts bottom line for social media company. Published: July 30, 2014 8:21 AM By THE ASSOCIATED PRESS.
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Euro zone sentiment improves, overcoming Ukraine crisis concern

Reuters Canada - ‎4 hours ago‎
By Martin Santa. BRUSSELS (Reuters) - Euro zone economic sentiment unexpectedly improved in July despite the deepening crisis between the West and Russia over Ukraine, data showed on Wednesday, and inflation expectations among consumers and ...
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US STOCKS-Wall St up on GDP data; Twitter has biggest jump ever

Reuters - ‎44 minutes ago‎
... * Twitter rallies after blockbuster results. * GDP shows more economic growth than expected in Q2. * Fed statement awaited, expected to trim monthly stimulus.
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US inflation accelerates sharply in second quarter

MarketWatch - ‎1 hour ago‎
WASHINGTON (MarketWatch) - Inflation as measured by the Federal Reserve's preferred price index surged in the second quarter to the highest annual rate in three years, potentially making the central's bank effort at managing the U.S.
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2 women survive ordeal on 80-foot-tall Indiana rail bridge after freight train ...

Fox News - ‎37 minutes ago‎
BLOOMINGTON, Ind. - A video camera captured the terrifying plight of two women who became trapped on an 80-foot-high railroad bridge in Indiana when a freight train surprised them as they walked along the tracks.
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Businesses add 218000 jobs in July

USA TODAY - ‎13 minutes ago‎
Businesses added 218,000 jobs in July, payroll processor ADP said Wednesday, possibly signaling that the government this week will report yet another month of strong employment gains.
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Fiat open to alliances if they boost cost structure, position

Reuters - ‎39 minutes ago‎
MILAN (Reuters) - Fiat Chrysler (FIA.MI) Chief Executive Sergio Marchionne said he was open to talks with all car makers about potential alliances, especially if they can improve the cost structure and market presence of its brands.
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Sprint Q1 meets expectations, but subscriber loss still an issue

ZDNet - ‎6 minutes ago‎
Sprint on Wednesday reported in line first quarter results, but is still losing subscribers. The mobile network carrier posted a quarterly profit of $23 million, or one cent per share, on revenue of $8.79 billion (statement).
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Hess Forms Tax-Advantaged Unit as Profit Beats Estimates

Businessweek - ‎18 minutes ago‎
Hess Corp. (HES:US) soared to a five-year high after reporting better-than-expected quarterly earnings and saying it will form a tax-advantaged master-limited partnership to hold railcars, trucking, storage and processing facilities in North Dakota's booming ...
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UPDATE 1-Phillips 66 earnings fall in second quarter

Reuters - ‎32 minutes ago‎
(Adds analyst estimates, details on refining business). July 30 (Reuters) - U.S. refining company Phillips 66 on Wednesday reported a lower quarterly profit that fell short of Wall Street expectations as discounts for certain crude oils shrunk and diesel ...
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In Federal Labor Disputes, McDonald's Just Became the Boss of Its Franchise ...

Businessweek - ‎1 hour ago‎
The fast-food business model just suffered a blow. The top prosecutor for the federal labor board has rejected McDonald's (MCD) claim that it's not the boss of the workers in its franchised stores.
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Thomson Reuters Profit Beats Analysts' Estimates on Cuts

Bloomberg - ‎1 hour ago‎
Thomson Reuters Corp. (TRI), the provider of financial data and news, reported second-quarter profit that beat analysts' estimates as cost cuts buoyed results.
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Carlyle's second-quarter earnings double

GlobalPost - ‎1 hour ago‎
(Reuters) - Carlyle Group LP <CG.O> said Wednesday its second-quarter earnings doubled from a year earlier as it continued to sell parts of its private equity portfolio and one of its European buyout funds started paying performance fees.

E*TRADE Financial Corporation Announces Second Quarter 2014 Results

Businessweek - ‎1 hour ago‎
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced results for its second quarter ended June 30, 2014, reporting net income of $69 million, or $0.24 per share.
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UPDATE 1-Goodyear Tire revenue hit by drop in sales to US automakers

Reuters - ‎1 hour ago‎
(Adds details). July 30 (Reuters) - Goodyear Tire & Rubber Co, the biggest U.S. tire maker, reported lower-than-expected quarterly revenue as it sold fewer tires to automakers in North America and Latin America.
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Kurds Rebut Iraq's Claim to Crude Oil Cargo Off Texas Coastline

Businessweek - ‎59 minutes ago‎
Iraq's semi-autonomous Kurds reasserted their right to sell $100 million of crude on board a tanker off the Texas coastline after the government in Baghdad persuaded a U.S.
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Barclays Should Bank on Returns at Home

Wall Street Journal - ‎1 hour ago‎
Barclays outdid expectations—even in the investment bank—both with first half profits and the quick slimming of its "bad bank" of unprofitable loans and noncore businesses.

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