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U.S. markets news

Yahoo Cuts $4.8 Billion Deal to Sell Core Business to Verizon
Founded in 1994, Yahoo was one of the last independently operated pioneers of the web. Credit Mike Blake/Reuters. SAN FRANCISCO - Yahoo was the front door to the web for an early generation of internet users, and its services still attract a billion ...
Verizon buys Yahoo for $4.8 billion  TechCrunch
Yahoo sold to Verizon for $4.8 billion  The Mercury News
Recode  
Asian shares near nine-month peak, dollar shines
TOKYO Asian shares held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S.
Japanese Stocks Swing Ahead of the BOJ Meeting; Nintendo Plunges  Bloomberg
BOJ, Fed meetings could sway sentiment amid earnings deluge  CNBC
Oil prices dip on ongoing oversupply, economic headwinds
SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come.
Oil Prices Lower as Bearish Outlook Remains  Nasdaq
Oil prices extend losses on supply worries  Economic Times
How to get the biggest Social Security check you can
Social Security represents a significant amount of income for retirees. In fact, it represents a little more than one-third (35.3%) of total income for the average retiree.
Is the Social Security Trust Fund Running Out of Money?  Motley Fool
To see the problem, turn to Appendix F, Page 212  Daily Herald
China Bank to Transform $1.6 Billion of Bad Debt Into Securities
Agricultural Bank of China Ltd. is planning China's largest sale so far under a trial program for lenders to offload bad loans by packaging them up as asset-backed securities.
Chinese Students in the US Fear the Yuan's Fall  Wall Street Journal (blog)
China's Yuan Problem - It Wants It Lower But It Doesn't Want It ...  Forbes
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 Says Actions Against Discount Airlines Paid Off  Skift
As summer heats up, gas prices stay cool
Even with the peak travel season in full swing, gasoline prices are stuck in reverse. Gas prices have plunged to their lowest July level in 12 years, according to AAA, even as Americans are racking up more miles.
AAA Mid-Atlantic: Gas Prices Drop to Lowest Level for July Since 2004  WSLS
Statewide prices drop a bit in latest gas survey  The Killeen Daily Herald
Oil Trades Near Two-Month Low as Rig Gains Add to Glut Concerns
Oil traded near the lowest close in more than two months as U.S. producers increased drilling for a fourth week, raising speculation a global glut will persist.
U.S. oil rig count rises 4th straight week  Houma Courier
Crude oil futures - weekly outlook: July 25 - 29  Nasdaq
UPDATE 3-EU approves Monsanto, Bayer genetically modified soybeans
... * Europe key market for North American soybeans. * GMOs are a focus of environmental campaigners. * Authorisation for feed, food use but not cultivation (Recasts throughout; adds ADM comment, analyst comment, Monsanto share prices).
Monsanto Wins EU Nod for New Biotech Soybeans  Wall Street Journal
Monsanto (MON) Stock Up After EU Approves Biotech Soybeans Import  TheStreet.com
Schlumberger and Halliburton both say the worst of the oil market crash is over
The world's two largest providers of oilfield drilling and fracking services have now declared that the worst may be over in the two-year-old oil market crash.
Making Fracking Great Again  Bloomberg
Despite Optimism, Oil Firms Keep Cutting Jobs  Wall Street Journal