- The U.S. Treasury will give priority to making interest payments to holders of government bonds if the clowns don’t reach an agreement.
- The House canceled a Thursday night vote on Boehner's debt plan.
- U.S. first time claims for unemployment benefits dropped below 400,000. Claims fell 24,000 during the week to 398,000.
- U.S. home sales rose 2.4% in June.
- The economic sentiment indicator (ESI) for the EU 17 fell by 2.2 points to 103.2
- Bloomberg: “I want to get away from this situation where I’m not even allowed to alert children about radiation exposure,” said Shishido, a 48-year-old Japanese teacher.
- China announced this week that it is considering a 4 point reduction in its 13% Value Added Tax
- Japan's jobless rate out at 4.6%, up from May’s 4.5%.
- YoY Japan’s consumer price index rose 0.4 % in June
- (MarketWatch) -- Verizon Wireless said late Thrusday its board approved the distribution of $10 billion in dividends to its owners Verizon Communications Inc. and Vodafone Group . The dividend will be paid Jan. 31 in proportion to their ownership stakes. Verizon owns 55% and Vodafone owns 45% in Verizon Wireless.
- (MarketWatch) -- Starbucks, boosted by rising customer visits to its coffee shops, reported late Thursday profit rose to $279 million, or 36 cents a share, up from $208 million, or 27 cents a share, in the year-ago period. Sales totaled $2.9 billion, up from $2.6 billion, as same-store sales increased 8%. Starbucks topped the consensus analyst targets for a profit of 34 cents and same-store sales of 5.4%, according to FactSet. Starbucks also lifted its fiscal 2011 outlook and laid out plans to accelerate new store openings. Starbucks shares, trading near 52-week highs, closed at $39.98 ahead of the report. The stock is up 60% over the last year.
- Global population will reach seven billion this year.
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