USA DAWN: NEWS AND UPDATES

For weeks, there have been a lot of headlines crossing about this so-called Brexit vote. Brexit is the abbreviation for "British exit from the European Union." Unhappy with having EU policies forced on them, anti-EU Brits organized and called for a vote. And in a surprise development on Thursday, Britain voted to leave. Specifically, 52% of voters voted to leave as 48% voted to remain. For our purposes, we're gonna skip what the Brexit vote means for everyone else and focus on what it means for the US. What the Brexit vote means for  the US: Tighter financial  conditions While the US economy and the companies in the US stock market have limited exposure to the UK, they're all nevertheless affected by what's unfolding. The first thing most economists are flagging right now is  tighter financial conditions . Simply put, tighter financial conditions means that it is harder and more expensive for businesses and consumers to get money. That in ...