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Government: Accounting exec earned leniency in Madoff case

NEW YORK- A 79- year-old former New York accounting firm executive who did work for some of Bernard Madoff's most important clients has earned leniency at sentencing because his cooperation provided new insights into history's largest financial fraud, prosecutors said. In a filing late Thursday in Manhattan federal court, prosecutors wrote Paul...
Source: The Associated Press
Futures Now, July 2, 2015  

Is crude set to crater? Did the jobs report push back the rate hike? And riding the S&P see-saw. With Deutsche Bank's Joe LaVorgna, CNBC's Jackie DeAngelis and the Futures Now Traders.
Source: CNBC.com
Kansas utility agrees to refund $10M, drop electric rates

TOPEKA, Kan.- The largest electric utility in Kansas would refund $10 million to its customers and decrease future rates slightly under an agreement Wednesday to settle a complaint filed by state regulators with the federal government. Westar Energy Inc., based in Topeka, also would receive lower earnings from its transmission investments than it was...
Source: The Associated Press
Big turning point for China this year: Rebecca Patterson  

Rebecca Patterson, Bessemer Trust CIO, shares insight to the Chinese market and the outlook on the U.S. economy.
Source: CNBC.com
If Pennsylvania budget stalls, a rundown of what to expect

If Pennsylvania begins its new fiscal year Wednesday without a budget in place, here's a rundown of what to expect:. Tom Wolf has said those bills will be paid once a 2015-16 budget is approved. -The administration would tap 2015-16 tax collections to continue services involving public health, welfare and safety and those required by law, including unemployment...
Source: The Associated Press | By: By The Associated Press
Top trades for the 2nd half: On high alert  

The FMHR traders reveal their final trades.
Source: CNBC.com
What to expect if Wolf, lawmakers can't agree on a budget

Pennsylvania might not have a budget in place when the new fiscal year begins. Here's a look at what to expect:. Tom Wolf and the Republican-controlled Legislature can't agree on a state budget by Wednesday, the first day of the 2015-16 fiscal year?
Source: The Associated Press
Euro stronger without Greece: Cashin  

Art Cashin, UBS, joins the "Squawk on the Street" team to discuss the impact of Greece's departure from the euro.
Source: CNBC.com
Highly unlikely Tsipras stays: Robert Wolf  

I think when the Greek people realize they have no money for goods and services they will realize the best outcome they have is to go back to the euro, says Robert Wolf, 32 Advisors CEO, sharing his perspective on the likely outcome from the Greek debt crisis.
Source: CNBC.com
Grexit is a tragedy, but 'Apocalypse Not': Strategist

Markets are sending a signal that investors believe the global economy is positioned to weather Greece's potential exit from the euro zone, Jason Trennert of Strategas said.
Source: CNBC.com | By: Tom DiChristopher