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U.S. markets news

Stock market plunges, but 'Brexit' unlikely to spark a US recession
The Dow Jones industrial average plummeted 610 points, or about 3.4%, on Friday as global stock, currency and other markets convulsed in response to Britain's surprising vote to leave the European Union.
Europe|Overwhelmed by 'Brexit'? Here Are the Basics  New York Times
So Just How Does The UK Divorce The EU?  NPR
Reuters  
Read President Obama's Remarks on 'Brexit' and Globalization
President Barack Obama said Friday that the U.K. vote to leave the European Union would not change the “special relationship” the country has with the United States.
Obama, Zuckerberg, Pichai preach entrepreneurship at conference  USA TODAY
Obama: Entrepreneurship has never been more important  CNNMoney
Brexit means lock your mortgage rate ASAP
Lock your mortgage rate now because today's rate plunge might not last long. That's today's advice from mortgage brokers and loan officers.
Good Morning America: Britain just voted out of the EU ... What's that ...  Reuters
Britain's leaving the EU. What should I do with my money?  Washington Post
Worst day in 10 months as Wall Street reacts to 'Brexit'
NEW YORK The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain's decision to leave the European Union caught traders wrong-footed.
Watershed Vote Ruins S&P 500 Week Though Bulls Elude Armageddon  Bloomberg
Dow closes down 600 after Brexit surprise; financials post worst day since 2011  CNBC
Illinois insurance co-op sues feds over health law payments
A struggling Illinois health insurance co-op is suing the federal government, claiming it is being shortchanged $72.8 million in promised payments under the Affordable Care Act.
How Obamacare's Mandates Hurt the Patients They're Supposed to Help  Town Hall
Illinois Health Insurer Sues Over $70M In Unpaid ACA Subsidies  Insurance News Net
Closer to the Brink for Social Security and Medicare
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Some Social Security will be there for millennials  On Wall Street
Energy Transfer Cleared to Walk Away From Williams Takeover
Billionaire Kelcy Warren just won a huge hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
Court says ETE can walk away from $20 bln Williams takeover  Reuters
Energy Transfer Equity Announces Chancery Court Decision in Litigation with ...  Business Wire (press release)
How to Protect Your 401(k) from the Brexit Fallout
After global markets fell on Friday driven by concerns over the United Kingdom's vote to exit the European Union, investors are no doubt wondering how they can protect their portfolios, 401(k)s and other retirement accounts from further losses.
Markets Plunge, Media Stocks Fall on Global Jitters Sparked by Brexit Vote  Newsmax
Cramer: Are We Looking at the Same Big Picture?  TheStreet.com
Solar Impulse 2 makes the first solar-powered Atlantic flight
Solar Impulse 2 has made history yet again. Earlier this month it finally completed the US leg of its "around the world" journey bourne on solar-powered wings.
Plane Completes First Solar-Powered Flight over Atlantic  Democracy Now!
Reuters Science News Summary  Daily Mail
Peco confab shines a light on solar
Craig Adams, Peco's chief executive, said the collaborative was modeled on processes the company used previously to develop conservation and wind-energy programs.
Subsidies cover up the cost of energy, whether green or fossil fuels  The Hill (blog)
Coal to solar: Retraining the energy workforce Michigan Technological University  EurekAlert (press release)