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U.S. markets news

Verizon Said to End Yahoo Survival Fight With $4.8 Billion Deal
On Monday, Yahoo! Inc.'s years-long fight to survive as a standalone company will draw to a close. Verizon Communications Inc. will announce plans to buy Yahoo's core assets for a bit more than $4.8 billion before the market opens, said two people with ...
Rising star Marni Walden is the woman behind Verizon's effort to buy Yahoo  Recode
Yahoo's board reportedly agrees to $4.8 billion Verizon bid  TechCrunch  
Is the Social Security Trust Fund Running Out of Money?
The Social Security trust fund holds the reserves of our senior citizens' retirement benefits. Here's what you need to know.
Is 70 too late to claim Social Security?  CNNMoney
Want to Live Longer? Work Longer!
Crude stays near two-month low on oil glut worries
TOKYO Crude prices inched down on Monday in Asia, staying not far from two-month lows hit in the previous session, amid worries over a global oil glut.
Oil's Ugly Week  Seeking Alpha
Oil prices fall amid oversupply fears  Business News
Global deals may drop $1.6 trillion if Brexit talks lag
LONDON - Global mergers and acquisitions may drop by as much as $1.6 trillion over the next five years unless Britain quickly agrees to leave the European Union under terms that give it continued access to the single market, according to a report ...
Brexit Chaos May Erase $1.6 Trillion From Global M&A, Study Says  Bloomberg
Brexit will cost UK up to $340B in lost M&A: Report  CNBC
Asian Stocks Track U.S. Bounce as Yen Retreats; Oil, Pound Climb
The dollar maintained its advance as most Asian index futures signaled gains, with investors looking ahead to this week's meetings of the Federal Reserve and the Bank of Japan.
Dollar buoyant versus euro, yen as risk-on mood prevails  Reuters
Asia market open looks modest, ahead of Fed, BOJ meetings  CNBC
Yuan Flunks Fed Haven Test as IMF Prepares It for Reserve Basket
Just two months before it is to be included in the International Monetary Fund's influential basket of global reserve currencies, a new report distributed by the Federal Reserve is casting doubt on the ability of China's yuan to achieve haven status ...
China's Yuan Problem - It Wants It Lower But It Doesn't Want It ...  Forbes
PBOC Deputy governor says Beijing to improve offshore market policies  Economic Times
As We've Been Saying, California's Minimum Wage Rises Increase Unemployment
This is an interesting little tale which illustrates the other side of the minimum wage story. Around here at least the standard side is that when you raise the price of something people buy less of it.
Which Swing States Are Doing Great, and Which Aren't  Bloomberg
Montana's unemployment rate steady at 4.2% in June  kxlo-klcm
AP Exclusive: Medicare safeguard overwhelmed by pricey drugs
WASHINGTON - A safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of dollars for pricey medications at taxpayer expense, government numbers show.
What are the top 20 priciest Medicare prescription drugs?  Salon
UPDATE: Hugo, Colorado, Does NOT Have THC In Its Water
Hugo, Colo., town officials lifted the water advisory they put in place Thursday after the latest tests showed no THC (a chemical compound in marijuana) present in the water supply.
New tests show no pot chemicals in Colorado town's water  KATU
Colorado Officials Say It's Safe To Get Back In The Water, After Brief ...  NPR
American Airlines' profit, revenue clipped by falling fares
Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. FORT WORTH, Texas - Compared with their checkered track record, major airlines are enjoying boom times.
Boom times for big US airlines: $3.9 billion in 2Q profits  Omaha World-Herald
American Airlines Expects European Routes to Suffer From Overcapacity  Wall Street Journal