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Noteworthy News – July 6, 2010

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

Bank Balance Sheets Could Torpedo Recovery - Spiegel

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Posted in Economics, Markets, Media, Politics.


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