The capacity of social impact investors to transform lives will depend on their ability to innovate.


Reuters

Oil prices dip on ongoing oversupply, economic headwinds
Reuters
SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come. International Brent crude oil futures were trading at $45.51 per barrel at 0623 GMT, …
Oil Prices Lower as Bearish Outlook RemainsNasdaq
Gold and Silver Fell on July 22Market Realist
Why Dark Days are Ahead for Crude OilMoney Morning Australia
Business Standard –Hellenic Shipping News Worldwide –Seeking Alpha –Business News
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Reuters

Asian shares near nine-month peak, dollar shines
Reuters
TOKYO Asian shares held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S. economic data. Policymakers from the Group of 20 countries agreed at the weekend to …
Japanese Stocks Swing Ahead of the BOJ Meeting; Nintendo PlungesBloomberg
Yen Flat as Investors Await FOMC, BOJ This WeekNasdaq
Is Something Really Bad Going To Happen Soon? – Part VSeeking Alpha
Financial Times –The Japan Times –CNBC –RTT News
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The Straits Times

China Bank to Transform $1.6 Billion of Bad Debt Into Securities
Bloomberg
Agricultural Bank of China Ltd. is planning China's largest sale so far under a trial program for lenders to offload bad loans by packaging them up as asset-backed securities. The lender plans to sell securities backed by 10.7 billion yuan ($1.6
Chinese Students in the US Fear the Yuan's FallWall Street Journal (blog)
China's Yuan Problem – It Wants It Lower But It Doesn't Want It Going LowerForbes
Yuan Stays in Range on PBOC GuidanceDailyFX
South China Morning Post –Economic Times –THE BUSINESS TIMES –The Star Online
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Calgary Herald

Schlumberger and Halliburton both say the worst of the oil market crash is over
Calgary Herald
The world's two largest providers of oilfield drilling and fracking services have now declared that the worst may be over in the two-year-old oil market crash. Schlumberger Ltd. said Thursday that the oil industry appears to have reached the bottom of
Making Fracking Great AgainBloomberg
Despite Optimism, Oil Firms Keep Cutting JobsWall Street Journal
UPDATE 2-Schlumberger sees oil supply deficit if demand growth holdsReuters
Seeking Alpha –FuelFix (blog) –Houston Chronicle –TheStreet.com
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MarketWatch

How to get the biggest Social Security check you can
MarketWatch
Social Security represents a significant amount of income for retirees. In fact, it represents a little more than one-third (35.3%) of total income for the average retiree. For many people in America, Social Security may be their only income in retirement.
Is the Social Security Trust Fund Running Out of Money?Motley Fool
To see the problem, turn to Appendix F, Page 212Daily Herald
Want to Live Longer? Work Longer!Madison.com
CNNMoney –Chicago Tribune –Sun Sentinel –nwitimes.com
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Bloomberg

Oil Trades Near Two-Month Low as Rig Gains Add to Glut Concerns
Bloomberg
Oil traded near the lowest close in more than two months as U.S. producers increased drilling for a fourth week, raising speculation a global glut will persist. Futures were little changed in New York after slipping 3.8 percent last week. Rigs
NYMEX crude up in Asia as markets await signals on demand prospectsNasdaq
U.S. oil rig count rises 4th straight weekHouma Courier
US oil drillers add rigs for fourth straight week – Baker HughesReuters
MarketWatch –Houston Chronicle –24/7 Wall St. –CNSNews.com
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Wall Street Journal

Verizon Finalizes $4.8 Billion Yahoo Deal
Wall Street Journal
Verizon Communications Inc. VZ 1.32 % has agreed to pay $4.8 billion to acquire Yahoo Inc., YHOO 1.36 % according to a person familiar with the matter, ending a drawn-out auction process for the beleaguered internet company. The price tag, which …
Verizon to End Yahoo Survival Fight With $4.8 Billion DealBloomberg
Yahoo Cuts $4.8 Billion Deal to Sell Core Business to VerizonNew York Times
Verizon buys Yahoo for $4.8 billionTechCrunch
Recode –The Mercury News –Washington Post –The Boston Globe
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The author of “Business and the Five Horsemen” on the radically changing realm of climate risk.


Yahoo Finance

Link between rig count, oil production is breaking
Houston Chronicle
Years ago, it wasn't too hard to predict how many new barrels of crude the energy industry could harvest over a stretch of time. A big part of it was just counting the number of drilling rigs in the oil patch. Simple enough. But times change. During
US Rig Count Up 15 This Week to 462New York Times

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