BP Reaches $18.7B Settlement Over 2010 Spill
http://www.foxbusiness.com/industries/2015/07/02/bp-reaches-187-billion-settlement-over-deadly-2010-spill/?intcmp=marketfeatures
Required Reading Of The Day
Greeks Defy Europe With Overwhelming Referendum ‘No’ – Fox Business Greek Outlook Will Be Uncertain Even After Vote – WSJ China’s Central Bank to Provide Liquidity to Help Stabilize Stocks – WSJ U.S. Labor Secretary: Wage Stagnation Remains an Issue – Fox Business U.S. Cuba Policy: Where Things Stand Now – WSJ Saudi Prince Pledges…
Good & Bad For The Week
Good: The bulls defend the 200 DMA line Consumer confidence rose to 101.4 in June, beating estimates for 97.4 ADP said private employers added 237k new jobs in June, beating estimates for 220k The ISM manufacturing index came in at 53.5, barely beating estimates for 53.2 Construction spending rose to 0.8%, beating estimates for 0.5%…
And the fake job’s number is…?
Fake job’s number is out! Life is better. Things are better except at first blush, over 400,000 left the workforce in the past month. The fake rate is now 5.3%. The problem is that since this administration took office, the labor participation rate has crashed…enabling the rate to come down. If you added back all…
Chart Of The Day: Monthly Change in Nonfarm Payrolls
Jobs Report: U.S. Payrolls Climb by 223,000, Missing Estimates For 233,000 Unemployment rate falls to 5.3% but pockets of softness lurk WASHINGTON—U.S. employers steadily added jobs in June, but wages were flat and the participation rate fell, suggesting pockets of weakness remain in the labor market. Nonfarm payrolls rose a seasonally adjusted 223,000 in June,…
What It’s Like To Be A Stock Broker In Greece…
Source: http://www.bloomberg.com/news/videos/2015-07-01/what-it-s-like-to-be-a-stock-broker-in-greece-
Poll Shows Greece Leaning Toward ‘Yes’ Vote
http://www.bloomberg.com/news/articles/2015-07-01/europe-rebuffs-greek-overture-as-poll-shows-voters-leaning-yes-
The Most Reputable Tech Companies
Watch the latest video at video.foxbusiness.com Source: https://video.foxbusiness.com/v/4332430479001/americans-consider-samsung-most-reputable-tech-company/?intcmp=marketfeatures#sp=show-clips
Cash Crunch Squeezes Greeks
http://www.wsj.com/articles/cash-crunch-hits-everyday-life-in-greece-1435791588
Hawking, Schwarzenegger Grill Mark Zuckerberg
Source: http://www.bloomberg.com/news/videos/2015-07-01/hawking-schwarzenegger-grill-mark-zuckerberg