Economy:
Ripples from Europe starting to hit US shores – MSNBC
Whose Economy Has It Worst? – Wall Street Journal (Nouriel Roubini)
How Walmart Is Changing China – The Atlantic
‘Shadow inventory’ of homes could topple real-estate recovery – Miami Herald
The Toll on Parents When Kids Return Home – Wall Street Journal
Markets:
Markets rise but contagion fears spread to Spain – Telegraph
Fear of Contagion Rocks Markets – New York Times
After Europe Change, Time for Market to Focus on US Economy – CNBC
Politics:
Legends of the Fail – New York Times (Paul Krugman)
Too Big to Fail, Too Big to Save – Slate
Central-bank lending to government serves a valuable, though risky, purpose – Economist
Fed Vice Chairman Yellen Says Forceful Action Needed to Curb Europe Crisis – Bloomberg
Banks:
Fed to Conduct Round of Bank Stress Tests – Time