U.S. growth slows to 1.5% in second quarter

MARKETWATCH FRONT PAGE

The U.S. economy took a turn for the worse in the spring as consumers pared spending and businesses invested at a slower pace, with little sign that growth will accelerate sharply anytime soon. See full story.

An Olympic Games only the sponsors could love

The London Olympic Games are all about marketing and sponsorship, critics say. See full story.

China�s preparedness for mass Olympic medals

China relies on a Soviet-era Olympic training system that has some critics, but brings home the gold, Caixin Online reports. See full story.

Facebook meets targets; shares slump

In its first report as a public company, Facebook comes in line with Wall Street�s estimates. Shares fall hard in after-hours trades with no forecast given. See full story.

Starbucks comeback hits a snag

Coffee retailer�s European woes continue as U.S. sales soften See full story.

MARKETWATCH COMMENTARY

Facebook Chief Executive Mark Zuckerberg probably views his company�s first earnings report as he would a trip to the dentist, but he still would be wise to get on the conference call with investors, writes Therese Poletti. See full story.

MARKETWATCH PERSONAL FINANCE

Most financial advisers have their clients� best interests at heart, but there are a few bad apples. Here�s how to protect yourself, and your retirement funds, from rogue brokers and bad advice. See full story.