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U.S. markets news

Dow, S&P 500 hit record highs on greater risk tolerance
NEW YORK The U.S. S&P 500 and Dow Jones industrial average stock indexes set record intraday highs on Tuesday after reduced global political tensions and upbeat corporate results from Alcoa boosted risk appetite, while European shares also rallied.
Dow Industrials Set New Intraday High  Wall Street Journal
Stocks Rising in Midday Trading as Dow Hits Record High  New York Times
U.S. News & World Report  
Your Starbucks Coffee Is Getting Pricier Today
Blame pricier beans. It's becoming a summer ritual for Starbucks SBUX 0.60% : price hikes on many of its most popular drinks. The café giant on Tuesday raised the price of some items as much as 30 cents as it contends with rising coffee costs.
Starbucks price increase: How much more will your coffee cost today?
Starbucks Coffee (SBUX) Launches Mobile Payments in China
Some of the best — and strangest — deals on Amazon's Prime Day sale
The sun was barely up on the East Coast, and Amazon shoppers were already snagging deals, including more than 18,000 headphones, and poking fun at some of the discounts available for the online retailer's Prime Day.
Demand for Amazon Prime Day deals leads to checkout issues for shoppers  TechCrunch
Amazon Hit with Checkout Problems on Prime Day  Fortune
Toll bridge to link I-80 to CenterPoint transportation hub
Heavy truck traffic to and from the CenterPoint Intermodal Center has taxed area roads and rattled residents, but officials expect the new toll bridge project will provide relief.
Rauner announces toll bridge plan for CenterPoint complex  Crain's Chicago Business (blog)
Public-private project in Illinois aims to improve truck access to Joliet hub  WREX-TV
Tesla crash raises stakes for self-driving vehicle startups
DETROIT/SAN FRANCISCO Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging ...
Tesla Has No Plans to Disable Autopilot Feature in Its Cars  Wall Street Journal
Business Day|US Asks Tesla Deeper Questions About Fatal Autopilot Crash  New York Times
Starbucks announces higher pay, other worker perks; might one be purple hair?
Starbucks CEO Howard Schultz says the upcoming pay raise is a move to keep the company “a retail employer of choice.” Starbucks CEO Howard Schultz says the upcoming pay raise is a move to keep the company “a retail employer of choice.
Starbucks to increase base pay of workers in October  Fort Worth Star Telegram
Starbucks to sweeten pay  The Mercury News
CBO Expects Higher Long-Term Deficits and Lower Interest Rates
WASHINGTON—The Congressional Budget Office's annual snapshot of long-term federal spending and revenue shows the national debt remains on a firmly upward trajectory, but its rate of acceleration remains increasingly uncertain owing to lower interest ...
Debt to top World War II peak within 20 years  CNNMoney
CBO projects return of massive federal deficits  Washington Times
OPEC Sees Brexit Risk to Oil Demand, Slide in Non-OPEC Supply
OPEC said the U.K.'s vote to leave the European Union could curb global economic growth next year, notably in Europe, where the risk is that demand for oil could fall.
OPEC oil production on the rise again  CNNMoney
Appreciating US Dollar Weighed on Crude Oil Prices  Market Realist
AMC's Brexit Bargaining Power
Tara Lachapelle is a Bloomberg Gadfly columnist covering deals. She previously wrote an M&A column for Bloomberg News. Facebook · Twitter · Email; Print; Share.
Early movers: SBUX, AMC, FAST, ORCL, TSLA, UAL & more  CNBC
Odeon & UCI cinemas sold to China-owned firm  BBC News
JP Morgan to Raise Pay for Lower-Tier Employees, CEO Dimon Says
J.P. Morgan Chase JPM 1.57 % & Co. tellers are getting raises. James Dimon, chief executive of the nation's largest bank by assets, announced the firm will boost pay for 18,000 of its lower-tier employees over the next three years at a time when those ...
Too-Big-to-Fail's Minimum Wage  Bloomberg
JP Morgan's Jamie Dimon: We're Raising Wages Because The Labour ...  Forbes