Tops News- Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
- Biden debate flop leads Democrats to call for new nominee — but replacing him is tough to do
- Nike CEO John Donahoe comes under fire as stock sees worst day on record
- New York Times editorial board urges Biden to drop out of presidential race
- JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
- Student loan payments go on pause for millions of borrowers
- Supreme Court rejects bid by former Trump aide Steve Bannon to avoid jail in Jan. 6 contempt case
- DJT shares close down nearly 11% after Biden stumble in Trump presidential debate
- Tech founders are shunning IPOs after extended market lull, survey finds
- Chevron doctrine overturned: Republicans, big business praise Supreme Court decision
- Economic Calendar & News
- Canada's economy expands 0.3% in April; another gain seen in May
- U.S. inflation slows as expected in May
- UK economy picks up in early 2024, too late for election boost
- German unemployment rises more than expected in June, labour office says
- South Korea May factory output -1.2% m/m, misses forecast
- Japan May jobless rate unchanged at 2.6%, job availability down
- Tokyo CPI up slightly in June; underlying inflation lags
- Tokyo June core CPI rises 2.1% yr/yr
- Analysis-Bolivia coup fiasco lays bare a divided country in political, economic crisis
- Brazil creates fewer formal jobs than expected in May
- Economy
- Financial crimes watchdog removes Turkey from money laundering 'gray list'
- Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
- Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
- There's a big Fed inflation reading coming Friday. Here's what to expect
- Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
- Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
- IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
- Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
- Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
- These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
AMJourney 
Market Commentary – June 20, 2016
U.S. stock markets closed higher as “Brexit” fear diminished following larger support for “pro-EU” ahead of the U.K. referendum. Nevertheless, volatility is expected to prevail as uncertainty remains over the outcome of the referendum and the underlying consequences to the global economy. … Continue reading →