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U.S. markets news

China Freezes IPOs, Greek Vote Too Close to Call: Saturday Wrap
Pending IPOs in China were suspended, brokerage firms pledged $19 billion for a market stabilization program and the People's Daily told people to “have confidence and patience, instead of losing their minds” as the government looked to stop the worst ...
China spends billions to prevent stock market crash  CNNMoney
China freezes IPOs to stop rapid stock market decline - report  RT
CTV News  
Greeks Head to Polls Divided for Referendum to Chart New Course
Greeks are heading to the polls Sunday, evenly split on a referendum to chart a new course in their five-year economic crisis. “Come Monday, Greece won't be facing just massive economic problems; it will be a deeply divided country,” said Nikos ...
Has Greece always wanted Grexit?  Washington Post (blog)
In run-up to vote, Greeks struggling with referendum question  CTV News
Solid Hiring Expected for June as US Job Market Nears Normal
U.S. employers likely hired at another strong pace in June, a sign that the job market is nearing full health and giving the Federal Reserve reason to raise interest rates as early as September.
US unemployment falls to 7-year low  TriValley Central
Up and Down Job Market Leaves Many Hopeless  Christian Broadcasting Network
Southwest Airlines, Flight Attendants Reach Tentative Contract
Southwest Airlines Co. LUV -0.34 % has struck a tentative deal with its largest union, the group representing its flight attendants, positioning the low-fare leader to formalize a multiyear contract it says would give it the efficiency it needs while ...
Southwest Airlines (NYSE:LUV) Had Its Wings Clipped in June – Here's Why  WallStreet.org
Southwest Says It Has Contract Deal With Flight Attendants  ABC News
Airlines under DOJ investigation after suspected illegal price hikes
The Justice Department recently launched an investigation this week to determine whether these four airlines have been colluding to raise ticket prices.
Airlines are colluding to jack up the prices of tickets: Justice Department  Morning Ticker
Government faces challenge in proving airlines worked together to keep ...  Mashable
Texas wants its gold back inside the state's borders
AUSTIN, Texas - Forget Fort Knox or the Federal Reserve. Texas has decided to start keeping its gold holdings within in its own borders.
Texas' Gold Returning Within The State's Borders, But Officials ...  International Business Times
Texas Wants its Gold Back Inside State Borders  KCEN-TV
ECB Primes European Tranquilizer as Greece Faces Bank Chaos
The European Central Bank claims it can calm any regional market turmoil that follows Greece's referendum on Sunday. Saving the country's banking system will be harder.
5 Tools the ECB Could Use to Deal With Greek Fallout  Wall Street Journal (blog)
Greek banks preparing possible “bail-in” of depositors: FT  Financial Express
Pennsylvania slots revenue up after falling last 2 years
After seeing slot machine revenues decline the last two years, Pennsylvania is experiencing a change in fortunes. The state's 12 casinos generated $2.33 billion in gross slots revenue in the 2014-2015 fiscal year that ended Tuesday, a very slight 0.69 ...
Pennsylvania casinos post first slots gain in 3 years  The Herald
Pennsylvania track to start races earlier to avoid deer  Herald & Review
Increasing US Rig Count Promotes Down Oil Costs
Friday saw US oil prices fall, coming majorly at the back of widespread oversupply, surpassing the global demand. Even the unrest in Chinese economy caused due to alleged stock market manipulation, further disturbed the market.
Oil drops on rising US rig count  Daily Times
Oil slides in thin trade on rising US rig count  Reuters
PUC approves big changes in state's electricity rate system
California regulators adopted a controversial plan Friday that will increase electricity bills for those who use the least power -- heeding the requests of utility companies but angering consumer advocates and residents who say the poor can't afford ...
California to witness heavy changes in the electricity prices  The Next Digit
Regulators pass higher electricity rates for most residents  San Diego Source (subscription)