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U.S. markets news

Brexit fallout and Bank of England set tone for markets this week
High-flying equity prices should not be accompanied by record low government bond yields. But these are not normal times, far from it.
Bank of England considers interest rate cut to tackle Brexit crisis  The Guardian
Base rate cut expected to bolster economy post-Brexit  Express.co.uk
The Independent  
G20 seeks to enhance trade growth in face of protectionism - China
SHANGHAI In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday.
Indian Consumers To Benefit As US Wins WTO Chicken Case  Forbes
India, US will weather trade disputes: Farrell  The Hindu
Wal-Mart vs. Amazon: Shipping Cost Comparison
The popularity of online retailer Amazon.com (NASDAQ:AMZN) has skyrocketed over the last decade as brick-and-mortar businesses, including big chain retailers like Sears and Toys "R" Us, have seen a decline in sales and have closed stores around the ...
Amazon Prime Day looking for happier hashtags  Detroit Free Press
Are Amazon Prime Day deals really the best?  WCPO
RPT-Aetna meets with Justice Department over merger with Humana
(Repeats story for wider distribution). By Caroline Humer and Diane Bartz. NEW YORK/WASHINGTON, July 8 Aetna Inc executives met with top Justice Department antitrust officials on Friday to convince the government that asset sales it proposed would ...
Big Insurers Defend $34 Billion Merger  Wall Street Journal
RPT-Aetna consults with Justice Department over merger with Humana  Stock Transcript
Payrolls Were Loud This Month, As Last
As it currently stands in the headline BLS figures, the Establishment Survey greatly rebounded to + 287k from a downward revised +11k in May.
Job Gains Top Expectations  StreetInsider.com
94517000 Americans Not in Labor Force as Participation Rate Ticks Up  Washington Free Beacon
Gap Crushes It In June, And A Note Of Caution
Gap (NYSE:GPS) has been mercilessly punished in the past year or so, as its status as a dividend stock has recently been overshadowed by some pretty horrible numbers.
Why it could take years to fix Gap's pricing problem  CNBC
Old Navy helps boost Gap key sales figure; stock soars  HeraldNet
3 Terrible Reasons to Sell Amazon.com, Inc. Stock
Shares of Amazon (NASDAQ:AMZN) have soared nearly 70% over the past 12 months, extending its 250% gain over the past five years. After that big rally, some investors might be wondering if it's finally time to sell the stock.
Amazon.com, Inc.: How Will Amazon Prime Day 2016 Impact AMZN Stock?  Jutia Group (press release) (blog)
Amazon: MKM Partners Says “Prime Flywheel” Appears to Be Gaining Hold  Bidness ETC
Weekly U.S. Oil Rig Count: The Summer Of Drilling
An even larger increase in the horizontal rig count than last week, with new rigs concentrated in the Permian and in shale producing regions.
US oil drillers add rigs for 5th week in six -Baker Hughes  Reuters
Oil Rig Count Up by 10 Last Week, Hedge Funds Add to Short Positions  24/7 Wall St.
Cleanup obligation is core to plan for coal giant Alpha to exit bankruptcy
Alpha Natural Resources will emerge from bankruptcy with a plan to cover most, if not all, of its mine reclamation costs, but the payments for the cleanup could be made as late as 2025 and depend in part on the future financial performance of the ...
US agrees to clean-up deal with bankrupt miner, hopes for payment  Reuters
Alpha restructuring plan could set precedent for Peabody, Arch Coal  STLtoday.com
15K still without power after storms
Some 75,000 DTE Energy customers are without power, after a fierce band of storms whipped through southeast Michigan on Friday night.
DTE Energy says 50000 without power in Detroit area  Alpena News
DTE: 50000 Still Without Power In Metro Detroit  CBS Local