Economy:
This Is What Would Happen If Fast-Food Workers Got Raises – Business Week
Part-Time America – Wall Street Journal
U.S. Employers Add 162K Jobs; Unemployment Rate Falls to 7.4% – Time
Consumer Spending in U.S. Rose in Line With Forecast in June – Bloomberg
The King of Human Error – Vanity Fair (Michael Lewis)
Here’s why economists hate software patents – Washington Post
Markets:
The $4 Million Teacher – Wall Street Journal
Foreigners buy nearly 75% of new homes in inner London – Financial Times
Michigan County Pulls Bond Offering – Wall Street Journal
American Homes 4 Rent Falls 2.5% After $705.9 Million IPO – Bloomberg
Politics:
U.S. Cuts Take Increasing Toll on Job Growth – NY Times
Countering devaluation: Govt slaps temporary ban on gold import – The Express Tribune