Today's Top Stories - July 27, 2015  

 

BEWARE THE BELL! U.S. stock markets are expected to open lower on Monday, hurt by a sharp selloff in Chinese stocks with earnings reports, data and this week's meeting of the U.S. Federal Reserve also in focus More

Minefield for market with Fed, earnings, commodities crush The Fed meets in the week ahead, but a commodities meltdown and the mixed earnings season are adding to concerns about global growth and may steal some of its thunder More

Watch out! Volatility is about to spike: Trader The VIX has suddenly snapped back, and one trader says the rise in volatility is just getting started More

EUROPE: European stock markets opened lower on Mondayafter a selloff in Asian shares, as traders eyed a key meeting of the U.S. Federal Reserve's rate-setting committee later in the week More

ASIA: Chinese stocks led the sell-off in Asia on Monday, following declines offshore and as the fall in commodity prices, questionable growth in the mainland sapped risk appetite More

Cramer: Playing China's troubles More

OIL: Oil prices fell to near four-month lows on Monday after a steep drop in Chinese stock markets and on more evidence of a global oil supply glut that has halved prices over the past year More

GOLD: Gold climbed above $1,100 an ounce on Monday as a weaker dollar helped it distance from its lowest level since 2010, although investors are not convinced that a meaningful recovery is at hand amid a looming hike in U.S. interest rates More

Federal Entitlement Program "to go bust in 2016" More

Clinton Backs Massive Wage Hike that Threatens Small Business More

Small Business Owners Pleading For Ex-Im Renewal Fail To Disclose Ties To Controversial Bank More

Medicare Expenditures Have Nearly Tripled Since 2000, Projected to Double By 2024 More

Israel's Teva Pharmaceutical to buy Allergan's generic pharmaceuticals business The Israeli pharmaceutical giant is the world's largest generic drugmaker. It said in a statement that the acquisition would provide patients with more access to affordable medicines More

Dolly Parton opens new resort after $300M investment Dolly Parton has formally opened the doors of the latest addition to her growing Dollywood theme park empire, the "DreamMore" resort, which offers fans of the existing theme and water parks a Dolly-themed place to stay More

Back to school? What back to school? The second-biggest shopping event of the year is shaping up to be not much of an event at all. As consumers increasingly stock up on back-to-school essentials throughout the year, and simultaneously shift their view as to what constitutes a school item in the first place, a new study has found that parents of children from kindergarten through high school plan to spend $434 on back-to-school items this year—a 20 percent decline More

US auto safety regulators fine Fiat Chrysler record $105 million The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million (£67.69 million) in fines against Fiat Chrysler Automobiles over lapses in safety recalls involving millions of vehicles More

Battle coming for blockbuster cholesterol drugs Emerging federal approval of new cholesterol drugs is setting the stage for a battle over the high prices of those specialty medications and the possibility that millions of people will end up using them each year More


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