Politics:
Obama commits nearly $2 billion to solar companies – Reuters
As Oil Industry Fights a Tax, It Reaps Subsidies – New York Times
Politics of Jobless Claims: Is Two Years of Benefits Too Much? – ABC News
Economy:
When should jobless benefits end? – Orlando Sentinel
A Year in Foreclosures: Bank-Owned Properties – Mint.com
The three biggest lies about the economy – Marketwatch
June Job Losses at 125,000, But Jobless Rate Falls to 9.5% – CNBC
With the US trapped in depression, this really is starting to feel like 1932 – Telegraph
Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole – New York Times
The Brokest Generation – The National Review
23 Doomsayers Who Say We’re Heading Toward Depression In 2011 – Wall St.Cheat Sheet
Markets:
Euro Set to Rise Above $1.30 as Bund Yields Beat Treasuries: Chart of Day – Bloomberg
Housing Shortage Defuses Australia’s `Time Bomb’ as Prices Top U.S. by 82% – Bloomberg
Global stocks dip on growth fears – Reuters
Bulls on the run in shortened week – Reuters
Banks:
How to keep Wall Street under control – CNN
So, You Thought BP Was An OIL Company? – EconoTwist
The ABCs of Reform: How Washington blew its chance to bring real change to Wall Street. – Slate