Today's Top Stories - July 28, 2015  

 

BEWARE THE BELL! U.S. stocks were tipped to open higher on Tuesday, recovering some of the previous day's falls, ahead of the start of the U.S. Federal Reserve's two-day meeting, a raft of earnings and data More

EUROPE: European equities were trading higher Tuesday, with investors around the world watching how Chinese stocks are trading after a sharp drop on Monday and volatile trade in the current session More

ASIA: Asian stocks edged up from session lows on Tuesday, taking their cues from the mainland where the benchmark Shanghai Composite index recouped some losses after trading down as much as 5.1 percent early Tuesday More

China's Stock Plunge Costing American Investors Real Money - $39.8 Billion - So Far More

China stock exodus: When will it end? China stocks remained volatile Tuesday following an initial stampede out of the market, with analysts warning there is no end in sight to the drama More

Chinese regulator investigates share-dumping China's securities regulator said on Tuesday that it had launched an investigation into Monday's selloff on the country's stock markets, as the rout in Chinese equities continued More

OIL: Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment More

GOLD: Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in U.S. interest rates More

DuPont warns strong dollar will dent 2015 earnings The chemical and materials giant posted second-quarter adjusted earnings of $1.18 per share, up from $1.17 a share in the year-earlier period. The company said its quarterly profit was hurt by a drop in agriculture earnings and the stronger dollar More

Two Weeks After Content Policy Update, Reddit’s Head of Community, Jessica Moreno, Has Left the Company In her statement, Moreno didn’t mention anything related to gender discrimination. Her exit is the latest by a female higher-up at the social news site at a time when the company’s efforts to rein in the most toxic elements of its community have been in the spotlight More

GM targets emerging markets with new line-up General Motors, the world's third largest automaker, is investing $5 billion in a new family of vehicles targeting many of the world's fastest-growing emerging auto markets More

BP warns on oil price after announcing $6.3B loss BP, one of the world's biggest oil companies, announced a second-quarter replacement cost loss of $6.3 billion Tuesday, and warned that low oil prices are here to stay More

Amazon drive-thru grocery stores coming to Silicon Valley: Report E-commerce behemoth Amazon.com is developing a drive-thru grocery store concept to be first deployed in the Silicon Valley area, the Silicon Valley Business Journal reported More

Shocker: Minimum Wage Hikes Gutted Over 700,000 Jobs In 2013 More

Here's How the $15.00 Minimum Wae is Working Out in Seattle: Thanks for the more money, boss, but now I have to work less hours or I'll lose my free ride at taxpayer expense More

GOP Rolls Out Employee Rights Act to Cripple Union Power More

CAGW Names “July Porker of the Month” … Citizens Against Government Waste (CAGW) announced today that they have "named Rep. Stephen Fincher (R-Tenn.) its July Porker of the Month for his efforts to resurrect the wasteful Export-Import (Ex-Im) Bank." More


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