The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a constitutional guarantee on payment.

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Luckin's opportunity in China is "one of the world's greatest retail growth opportunities," according to KeyBanc Capital Markets.

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Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.

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The flattening of the yield curve is exuding a bad omen for the stock market.

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Brad Pitt, Laurene Powell Jobs and UK-investor Neil Woodford are all investors in North Carolina-based energy company Industrial Heat.

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The "Fast Money" traders share their first moves for the market open.

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Names on the move ahead of the open.

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Evercore ISI Chairman Ed Hyman sees an "insurance" rate cut in July and more to follow.

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The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.

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The "Fast Money" traders share their first moves for the market open.

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Names on the move ahead of the open.

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Chinese representatives say they think it's likely that Chinese President Xi Jinping will attend the G-20 meeting later this month.

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Stocks fell on Friday after a sharp decline in Broadcom shares put other chipmakers and the broader tech sector under pressure.

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Jeffrey Gundlach expects the dollar to finish the year lower.

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See which stocks are posting big moves after the bell.

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