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U.S. markets news

G20 will use 'all policy tools' to lift growth as Brexit weighs
CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.
China Flexes Its Muscles as G-20's Focus Shifts to Europe  Wall Street Journal
G-20 Countries Pledge to Protect Against Brexit Shock  New York Times
BBC News  
Hershey Trust Reaches In-Principle Reform Agreement
But does this pave the way for Mondelez to make another bid on Hershey? The board of the charitable trust that controls Hershey said on Friday it had reached an in-principle agreement with the Pennsylvania Attorney General's office that would avoid a ...
Hershey Trust Reaches Tentative Deal to Reform Its Governance  Bloomberg
Hershey Trust agrees to changes amid allegations of corruption  UPI.com
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
As China Juggles Its Yuan Moves, the World Is Taking Note
CHENGDU, China—Beijing has managed to let the yuan slide against the U.S. dollar without sparking strong protests from its trading partners this year.
China Working Hard to Stabilize Yuan Against Basket, PBOC Says  Bloomberg
Yuan Stays in Range on PBOC Guidance  DailyFX
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
18 states see significant job gains, but unemployment rises  Madison.com
Manufacturers make, shops sell. But Dollar Shave Club breaks that mould
Dollar Shave Club's razors are “fucking great”, the company's founder declared in its first advert. Michael Dubin, who started the business four years ago, last week convinced Unilever of their merits, too.
Why did Unilever pay $1B for Dollar Shave Club?  TechCrunch
M&A roundup - week ending 7/23/16  VatorNews
Southwest Airlines: “Things Are Getting Better”
DALLAS (CBSDFW.COM) - Following a technical glitch that caused a system-wide outage Wednesday, Southwest Airlines updated the public on its status Saturday by saying “things are getting better.
Southwest extends fare sale because of glitch, warns of long lines  KENS5.com
Southwest Airlines Still Canceling Flights for Third day in a row  Skift
It's fare game for US Airlines
TAKING OFF: Delta Air Lines and United Continental Holdings earned cheers from investors when it said it would trim growth plans in the fourth quarter amid fears of falling fares.
American Airlines Expects European Routes to Suffer From Overcapacity  Wall Street Journal
Traveling costs likely to take off  The Mercury News
Ask Larry: Which Social Security Benefit Should I Claim First?
By Larry Kotlikoff, Next Avenue Contributor. Boston University economist Larry Kotlikoff has been answering Social Security questions for PBS for over three years.
Social Security: The next political battlefield?  Knoxville News Sentinel
Does rental income affect Social Security?  Asbury Park Press
Digital could be helping Dunkin' Donuts' sales
In its Q2 2016 earnings presentation, Dunkin' Brands announced that Dunkin' Donuts posted 0.5% growth in US same-store sales.
Why are coffee sales slumping?  The Boston Globe
Restaurants fight a losing pricing battle  Nation's Restaurant News (blog)