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Greece offers conditional okay to bailout, Germany skeptical

ATHENS/BRUSSELS - Prime Minister Alexis Tsipras has told international creditors Athens could accept their bailout offer if some conditions were changed, but Germany said it could not negotiate while Greece was headed for a referendum on the aid-for-reforms deal. | Video

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Fed's Brainard says Fed examining possible drop in market liquidity

WASHINGTON - The U.S. Federal Reserve has launched a study to see if U.S. Treasury markets are being hampered by a lack of liquidity, an issue some investors and others have cited as a potential risk to financial stability, Fed board member Lael Brainard said on Wednesday.

9:06am EDT

JPMorgan builds up apartment-loan leader from WaMu rubble

NEW YORK - In September 2008, JPMorgan Chase & Co executives sifted through the rubble of Washington Mutual, the failed home loan bank that they had just won in a U.S. government auction.

10:44am EDT

U.S. construction spending rises to 6-1/2-year-high

WASHINGTON - U.S. construction spending rose in May to its highest level in just over 6-1/2-years as outlays increased across the board, the latest sign of momentum

10:07am EDT

Strong truck, SUV demand helped Ford, GM raise prices in June

DETROIT - Strong demand for sport utility vehicles and trucks in June helped General Motors Co and Ford Motor Co offset slowing demand for sedans by allowing them to raise prices on their trucks.

11:05am EDT

General Mills profit halves due to $260 million impairment charge

- General Mills Inc , the maker of Cheerios cereal and Betty Crocker cake mixes, said fourth-quarter profit halved as it recorded a $260 million charge to write down the value of one of its frozen and canned vegetable businesses.

8:02am EDT

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