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U.S. markets news

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
Business Insider  
July US Jobs Report
Our monthly jobs report and associated tool is a convenient way for our members to stay on top of employment trends. Andrew Braswell, CCWP.
Job Gains Top Expectations  StreetInsider.com
Payrolls Were Loud This Month, As Last  Seeking Alpha
Social Security and You: Questions about widow, ex-spouse benefits
Q: I understand paying benefits to widows. But I don't understand paying benefits to divorcees. A woman who is divorced is not a widow.
Savvy Senior: Who's eligible for Social Security survivor benefits?  Daily Herald
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
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
Amazon: MKM Partners Says “Prime Flywheel” Appears to Be Gaining Hold
Amazon.com, Inc. (NASDAQ:AMZN) is set to release second quarter of fiscal 2016 (2QFY16) earnings results on July 21. In this regard, MKM Partners opined that the consensus projections are too low, especially with regard to the international growth and ...
Amazon.com Inc. (AMZN) Given Overweight Rating at Piper Jaffray Cos.  The Cerbat Gem
Amazon (AMZN) Stock: Why You should Own It  Modest Money (press release) (blog)
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
US Oil Rig Count Rises 10 to 351  Wall Street Journal
FOREX-Dollar dips as Fed unlikely to hike this year even with US jobs
(Adds comment, updates prices). * U.S. jobs surge in June to 287,000, briefly boosts dollar. * Euro falls to 2-week low; Swiss franc slides to 5-week trough.
Dollar falls as traders bet June jobs data won't push Fed to hike  MarketWatch
Dollar Falls After June Jobs Report  Wall Street Journal
State terminates mineral leases for Essar Steel
ST. PAUL, Minn. (AP) - Gov. Mark Dayton has pulled the plug on Essar Steel Minnesota's lucrative mineral leases on the Iron Range and turned to Cliff Natural Resources as a possible developer of the Nashwauk site.
Essar files for bankruptcy after Dayton ends its bid to build Iron Range ...  Minnesota Public Radio News
Essar Steel Minnesota files for chapter 11 bankruptcy  Reuters
Thousands 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: 50000 Still Without Power In Metro Detroit  CBS Local
DTE: 50000 customers still without power in Metro Detroit  MLive.com