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Wall Street marks best month in a year in July (Reuters)

A trader works on the floor of the New York Stock Exchange July 28, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.


Jobs data, earnings latest test for stocks (Reuters)
Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
Cuomo widens insurer probe with 6 more subpoenas (Reuters)

New York Attorney General Andrew Cuomo attends a news conference in New York in this June 30, 2010 file photo. REUTERS/Mike SegarReuters - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.


BP may sell German gas stations for $2.6 billion: report (Reuters)
Reuters - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar with BP's plans.
Imports slow Q2 growth as business spending surges (Reuters)
Reuters - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.
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