Economy:
A Tale Of Two Countries: The Growing Divide Between Silicon Valley And Unemployed America – TechCrunch
Ben Bernanke: High unemployment rate to persist, even as economy revives – CS Monitor
U.S. Budget Deficit Narrowed to $43.1 Billion in June on Slower Spending – Bloomberg
Markets:
The Debt Crisis: If Treasury Bonds Aren’t Safe, What Is? – Wall Street Journal
The horrifying AAA debt-issuance chart – Reuters
The Housing Horror Show Is Worse Than You Think – Bloomberg
Fewer Foreclosures Now. More Foreclosures Later. – NPR
Shift in petrodollar to unnerve Western markets – Reuters
Politics:
When A Turn Toward Austerity Turned To Disaster – NPR
Bernanke: Fed May Launch New Round of Stimulus – CNBC
Moody’s, S&P Warn Of US Credit Rating Downgrade – CNBC
The Giant Disconnect Between Wall Street and Washington – The Atlantic
Banks:
New ATM Designed For Semi-Literate and Illiterate Populations – Scientific American
Eight banks fail EU stress test with 16 in danger zone – BBC News
