Today's Top Stories - July 30, 2015  

 

BEWARE THE BELL! U.S. stocks were tipped to open a touch lower on Thursday, with focus turning to second-quarter economic growth data for clues on the timing of a rate rise More

EUROPE: as investors keep an eye on a bumper morning of earnings and remain focused on continuing volatility in China markets More

ASIA: Asian shares turned mixed late Thursday, as mainland equity markets fell sharply in the afternoon session. Elsewhere in the region, Japan's Nikkei 225 index led gains on the back of strong earnings posted by its blue-chip stocks More

OIL: Oil prices steadied on Thursday after a larger-than-expected draw in U.S. crude and gasoline stocks was balanced by a stronger dollar, making fuel more expensive for holders of other currencies More

GOLD: Gold fell more than 1 percent to near its weakest level since early 2010 on Thursday, as the dollar jumped ahead of U.S. economic data that is likely to strengthen expectations for an interest rate hike by the Federal Reserve in September More

Can flat earnings really support a rising market? Stocks have risen over the past year, but earnings are flat as a pancake. Is that a cause for concern? More

Alan Greenspan: This is 'extremely dangerous' While markets hone in on the Federal Reserve's monetary policy hints, former Fed Chairman Alan Greenspan sees a bigger economic irritant—government spending More

Ford's aluminum F-Series passes safety tests But more importantly, they dismissed warnings from skeptics who have suggested the first pickup featuring aluminum panels is not strong enough to protect passengers More

Shell plans for 'prolonged downturn' in oil prices Royal Dutch Shell warned on Thursday that lower oil prices could continue for several years, and said it was planning for a prolonged downturn More

Cerner wins massive Defense contract The Defense Department has tapped medical records firm Cerner, along with its partners Leidos and Accenture, to help overhaul the military's massive health IT system … The contract is valued at $4.3 billion over five years More

Uber Tests a New Car Leasing Program to Appeal to Short Term Drivers Uber is piloting a revised car leasing program with features that could be more favorable for certain kinds of drivers. This appears to be its first major revamp of the program since the company introduced it in November 2013 More

Whole Foods plunges 10% after results disappoint Whole Foods reported quarterly earnings and revenue that missed analysts' expectations on Wednesday. More

Europe’s migrant crisis: Thousands storming UK border The problem of how Europe handles the increasing number of people risking life and limb for a new life abroad reached a flashpoint this week when thousands of migrants stormed the Channel Tunnel in an attempt to illegally cross into the U.K. More

The Insidious Political Power of Minimum-Wage Laws More

Govt. Run Amok! Feds Spend $2.6 Million on Weight Loss Program for Truckers … The National Institutes of Health (NIH) has spent more than $2.6 million giving truckers weight tips, including motivational phone calls while they drive More

Govt. Run Amok II! Defense Department Pays $29 Per Gallon for ‘Alternative Fuel’ More


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