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Jun 7, 2016

The Guardian | World | Australia | Australian Elections - June 8, 2016: (03:19 BST): Australian Election 2016: Labor Attacked on Company Tax as Shorten Releases "Economic Blueprint" - Politics Live

Calla Wahlquist

WSJ | Major Indexes Closing on June 7, 2016.

Major Indexes5:45 p.m. EDT 06/07/16

Gerald Celente - Trends in The News - Job Numbers Dive, Economy on Crash Course. Originally Published on June 4, 2016

Gerald Celente 

DealBook P.M. Edition on June 7, 2016: Top Story: French Bank Is Ordered to Pay Trader Who Almost Ruined It.

Tuesday, June 7, 2016
Jérôme Kerviel in March. A French labor tribunal on Tuesday ordered Société Générale, his former employer, to pay Mr. Kerviel roughly €450,000.
French Bank Is Ordered to Pay Trader Who Almost Ruined It Jérôme Kerviel persuaded a labor tribunal that he should not have been fired for his trades, which nearly brought about the demise of Société Générale.

WSJ | Forex Closing on June 7, 2016

The Wall Street Journal Forex Closing
Major Currencies
Tuesday, June 7, 2016

WSJ | Most Actives Closing on June 7, 2016

The Wall Street Journal Most Actives Closing
Most Active Stocks by Volume
4:31 pm ET 06/07/2016

WSJ | Biggest Decliners Closing on June 7, 2016

The Wall Street Journal Biggest Decliners Closing
Biggest Decliners
4:31 pm ET 06/07/2016

WSJ | Biggest Gainers Closing on June 7, 2016

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:31 pm ET 06/07/2016

Wall Street at Close Report, by CNBC on June 7, 2016: Stocks Closed Mixed; Biotech Falls 2.5%
Evelyn Cheng
U.S. stocks closed mixed Tuesday, with health care leading decliners and energy leading as oil settled above $50 a barrel for the first time since July.

FTC Press Release: Identity Theft... by Mobile Phone

Federal Trade Commission Consumer Information

by Lisa Weintraub Schifferle
Attorney, Division of Consumer & Business Education, FTC

The Guardian | Business | Banking | U.S. Economy - June 7, 2016: House Financial Committee Chair to Propose Overhaul of Dodd-Frank Law

The chair of the House financial services committee is proposing to wipe out much of the US regulation put in place after the financial crisis with a plan expected to ignite debate in the presidential election but flame out in Washington.

The Guardian | Business | Economics | International Trade - June 7, 2016: WTO Chief Says Post-Brexit Trade Talks Must Start From Scratch

Larry Elliott
Negotiations about the shape of the UK’s post-Brexit trade arrangements would have to start from scratch after a leave vote in the EU referendum, the head of the World Trade Organisation said as he admitted there had been no preliminary discussions with the UK government.

GATA | THE GATA DISPATCH - June 7, 2016: Mike Kosares: Former Bank of England Head Joins Greenspan as Gold Advocate

Submitted by cpowell on Tuesday, June 7, 2016By Michael J. Kosares, Centennial, Colorado
Tuesday, June 7, 2016

European Markets at Close Report, by CNBC on June 7, 2016: Stocks End Sharply Higher on Yellen Comments, Oil Rise

Arjun Kharpal, Alexandra Gibbs, Holly Ellyatt
European stocks posted strong gains by Tuesday's close as a rise in oil prices, and the latest comments from Fed chair Janet Yellen, boosted investor sentiment.

U.S. Stock Market Future Indications Update, by MarketWatch - June 7, 21016: U.S. stock Futures Trim Gains After Productivity Data

Anora Mahmudova, Barbara Kollmeyer
U.S. stock futures pared gains shortly before the opening bell Tuesday after government data showed productivity of businesses and workers fell in the first quarter but by less than initially reported.
Labor costs were revised upward, suggesting wage inflation is ticking up. Investors are still grappling with implications of economic data in light of Federal Reserve’s tentative plans to normalize interest rates.

NYT First Draft on Politics - June 7, 2016: Hillary Clinton Reaches Historic mark, A.P. Says, by Amy Chozick and Patrick Healy

Tuesday, June 7, 2016

The New York Times

The New York Times

Tuesday, June 7, 2016

Hillary Clinton at a campaign rally in Long Beach, Calif., on Monday.
Hillary Clinton at a campaign rally in Long Beach, Calif., on Monday. Monica Almeida/The New York Times
Hillary Clinton Reaches Historic Mark, A.P. Says

Bloomberg View - June 7, 2016: Beware China's Shadow Banks, by Share The View

Share the View

China's "shadow" banks, which hold assets worth about 80 percent of the country's GDP, have become dangerously intertwined with commercial banks. Christopher Balding explains why they pose a growing systemic threat.

Bloomberg News - June 7, 2016: Euro Economy Grows Faster as Consumption Gathers Pace.

Catherine Bosley cbSwiss
The euro-area economy grew faster than previously estimated at the start of the year, driven by investment and a pickup in consumer spending.

DealBook Today's Top Headlines - June 7, 2016: A Jump in Law Firm Salaries | National Amusements Alters Viacom Bylaws to Prevent Paramount Sale | Who Decides 'Fair Value'?

Tuesday, June 7, 2016
A JUMP IN LAW FIRM SALARIES Cravath, Swaine & Moore, one of the legal industry's most elite law firms, has increased the annual salary for its first-year lawyers to $180,000, from $160,000, Elizabeth Olson writes in DealBook. Salaries for other associates have also been raised by as much as $35,000 annually, up to $315,000 for associates in their eighth year.

U.S. Stock Market Future Indications, by MarketWatch - June 7, 2016: U.S. stock Futures Show S&P Stretching for a Fresh Record

Barbara Kollmeyer
Stock futures pointed to a higher start for Wall Street on Tuesday, as investors’ appetite grew for assets seen as riskier, on the view that the timing of an interest-rate hike has been pushed out.

Asian Markets at Close Report, by CNBC on June 7, 2016: Asian Markets Close Up as Australia, India Central Bank Calls Support Shares

Saheli Roy Choudhury
Markets in Asia closed higher on Tuesday, taking a generally positive view of comments from U.S. Federal Reserve chief Janet Yellen and from on-hold calls from central banks in Australia and India.
The Nikkei 225 wavered between gains and losses before closing up 95.42 points, or 0.58 percent, at 16,675.45, getting a boost from a slightly weaker yen. On Monday, the index had closed down 0.37 percent.

Bloomberg News - June 7, 2016: AB InBev Sweetens Offer to South African Union to Hrl SAB Deal, by Liezel Hill

Liezel Hill
Anheuser-Busch InBev NV proposed enhancing a South African employee-share program after a local union threatened to protest regulatory consent of its takeover of fellow brewer SABMiller Plc, as it seeks to clear the last hurdle for the deal’s approval there.

The Guardian | UK | Media | Media Briefing - June 7, 2016: Today's Media Top Stories From the papers

Top story on MediaGuardian

Sky News urged to drop footage of girl undergoing FGM
Activist says film from Somalia shows young girl being held down and cut while people look on