The Ticker

Amazon unveils e-book service

Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant's latest effort to attract more users.

The largest U.S. e-commerce site said that the Kindle Unlimited service will give users the ability to read as much as they want from more than 600,000 Kindle titles and thousands of Audible audiobooks.

TUESDAY

• Labor Department releases Consumer Price Index for June
• National Association of Realtors releases existing home sales for June
• Senate Finance Committee hearing on tax laws
• Senate Health, Education, Labor and Pensions subcommittee hearing on coal miners

WEDNESDAY

•  Environment and Public Works Committee hearing on the Environmental Protection Agency's proposed carbon pollution standards for power plants
•  Senate Commerce, Science and Transportation subcommittee hearing on legislation focusing on consumer protections and safety for cruise ship passengers
•  House Transportation and Infrastructure subcommittee hearing on domestic aviation manufacturing

THURSDAY

• Labor Department releases weekly jobless claims
•  Freddie Mac, the mortgage company, releases weekly mortgage rates
• Commerce Department releases new home sales for June

FRIDAY

•  Commerce Department releases durable goods for June

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