(Updates with European Commission comments from fifth paragraph. For more Greece news and data, click here.) (Bloomberg) — Greece’s…

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A sharp earnings acceleration by the top U.S. auto makers through June is overshadowing Volkswagen’s sweet success in finally capturing the global sales crown from Toyota.

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<p>(Bloomberg) — U.S. Treasury Secretary Jacob J. Lew said a failure by Congress to help Puerto Rico resolve its debts may hit the retirement portfolios of average Americans, as he stepped up his call for lawmakers to help the island.</p>

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The current federal minimum wage is $7.25 per hour. Raising it to $15 (a 107% increase) would cause prices to rise an estimated 4.3%.

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United Parcel Service’s assessment that U.S. economic growth is slowing has put the Federal Reserve on notice, and should act as a warning for stock market investors.

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<p>Once a staple of the American workplace, the annual raise is turning into a relic of the pre-crisis economy as companies turn to creative — and cheaper — ways to compensate their employees.</p>

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Home ownership took a huge drop to 63.4 percent in the second quarter. The drop marks the lowest rate since 1967, according to the Census Bureau.

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Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee.

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When moving in retirement, don't forget about the property taxes, condo fees and travel expenses.

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U.S. stocks traded mostly higher as investors found encouragement from some recovery in Chinese stocks as the Federal Reserve began its two-day meeting.

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McDonald's has a new competitor — and it isn't Chipotle. Grocery store chain Kroger is ramping up its prepared food offerings and luring fast food customers, according to Jonathan Maze at Nation's Restaurant…

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Yasuyuki Yoshinaga was in a good mood at the early May earnings briefing in Tokyo. The top executive at the maker of Subaru automobiles joked that he would have to wear a helmet on an upcoming trip to the United States. The reason: Dealers were going to hit him over the head for not supplying them with enough of his cars to sell.

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U.S. stocks were tipped to open higher on Tuesday, ahead of the start of the U.S. Federal Reserve's two-day meeting, a raft of earnings and data.

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While consensus for the first Fed rate rise is leaning to September, some market watchers are suggesting two U.S. hikes rather than one before 2016.

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The Chinese stock implosion is starting to get serious. It's costing U.S. investors real money.

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