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U.S. markets news

China Moves to Stabilize Stock Markets; Initial Offerings Halted
HONG KONG - Struggling to respond to precipitous declines on China's stock markets over the last three weeks, the country's biggest brokerage firms unveiled a government-endorsed plan on Saturday to buy shares starting on Monday, while both of the ...
China spends billions to prevent stock market crash  CNNMoney
REFILE-UPDATE 2-China curbs IPOs, enlists brokers in all-out bid to end ...  Reuters
Sacramento Bee  
Split Greece teeters on brink
Greece is hurtling towards a crunch bailout referendum which could determine its financial future and even its place in the eurozone, as anxious families unnerved by the country's uncertain outlook rushed to stock up on food.
Greece Crisis 101: No way out  CNNMoney
Greeks Vote on Place in Euro as Banks Run Dry: The Process  Bloomberg
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
Airlines Are Suspected of Collusion to Increase Ticket Prices – Department of ...
Plane Reportedly, the Department of Justice have suspicions over four leading airlines in the United States for colluding, to keep increasing ticket prices.
Airlines are colluding to jack up the prices of tickets: Justice Department  Morning Ticker
US Government Probes Leading Airlines on Suspicions of Under-the-Table ...  Times Gazette
Texas' Gold Returning Within The State's Borders, But Officials Unsure When ...
A bill signed into law by Gov. Greg Abbott will bring Texas' gold stockpile back inside the state's borders. NewYorkFed.org.
Texas scrambles to figure out how to ship $650 million in gold out of New York  National Monitor
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 prepare plan to raid deposits  Financial Times
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 ...
This week in the US  Kankakee Daily Journal
Pennsylvania casinos post first slots gain in 3 years  The Herald
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
California to witness heavy changes in the electricity prices
The bridge between the electricity prices paid by the poor and the rich in California will be bridged by the California Public Utilities Commission.
PUC approves big changes in state's electricity rate system  Chico Enterprise-Record
Regulators pass higher electricity rates for most residents  San Diego Source (subscription)
Tesla Model X receives criticism, hate over the new design
Tesla Model X The production of Tesla model X EV SUV has been lined up by Tesla Motors Inc. But according to latest news, the company may experience issues in selling this car when it would hit the markets.
Tesla tops 11000 vehicles delivered  NEWS.com.au
Tesla Model S Deliveries Surge 52%  Wall Street Journal