Economy:
Rising worker productivity, innovation boosts profits but may lessen hiring need – Washington Post
In China, Cultivating the Urge to Splurge – The New York Times
Rich Americans Ditch Home Ownership For Renting – CNBC
Fed lowers outlook for economy through 2011- Associated Press
Markets:
Jim O’Neill says the euro faces ‘black swan’ moment– The Telegraph
Proprietary Trading Goes Under Cover: Michael Lewis – Bloomberg
Dollar gains as global worries pick up steam – Marketwatch
Politics:
Europe OKs $112.53 billion Ireland bailout – MarketWatch
Europe Tries to Contain Debt Crisis – Wall Street Journal
PBOC Researcher Calls on U.S. to Sell Gold Reserves, People’s Daily Says – Bloomberg
Banks:
What Good Is Wall Street? – Much of what investment bankers do is socially worthless – The New Yorker
Restructuring banks: Don’t start from here – Economist
Eric Cantona’s ‘bank protest’ becomes internet hit – Telegraph
