Politics:
Britain unveils ‘unavoidable’ austerity budget – CNN
G20 offers no big boost for fearful markets – Reuters
Can politicians comfort the markets while hammering each other? – Washington Post
Economy:
AT A GLANCE: FOMC Stands Pat On Rates, Softens View On Economy – Wall Street Journal
U.S. Economy: Investment Picking Up, Claims Decline – Bloomberg
Economy in U.S. Expands 2.7%, Less Than Forecast – Bloomberg
CEOs’ View of Economy Brightens – ABC News
Jobs Picture Is Brighter For This Year’s College Grads – Hartford Courant
Summers says economy healthier now than year ago – Reuters
Recession, bear markets hit the rich, too – Reuters
Markets:
Double-Dip Recession Fears Putting Scare Back in Market – Yahoo News/CNBC
Europe’s Debt Crisis Exaggerated by Markets, PBOC’s Li Says – Bloomberg
Mortgage Bond Prices Rise to ‘Insane’ Records: Credit Markets – Bloomberg
Gundlach Sees 10-Year Treasury Yield at 2.5% as Economy Slows – Bloomberg
Oil rises to 7-week high as storm forces Mexico to cut exports – Reuters
Banks:
Financial Reform: Wall Street Wins, Investors Lose – Forbes
Whose Bank to Kick: A Tale of Two Tragedies – Huffington Post
Financial-Firm CDS Costs Drop After Reform Accord – Wall Street Journal