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China’s growth slows in May. (Reuters)
Troubles in Europe and the slowing of emerging economies threaten U.S. company earnings. (Reuters)
China’s exports rose rapidly in May, which may help its domestic economy. (NYT)
Europe’s banks continue to borrow money at a furious pace to fund operations. (NYT)
Despite Google’s (NASDAQ: GOOG) lead in the mobile OS market, Apple (NASDAQ: AAPL) continues to foster relationships with developers to help keep its iPhone and iPad customers loyal. (NYT)
LinkedIn’s (NYSE: LNKD) lax security allows millions of its accounts to be hacked. (NYT)
Spain’s bank bailout does not address the many fractures in the eurozone, which are based on politics and unequal economies. (FT)
Apple and Microsoft (NASDAQ: MSFT) aggressively court developers to support their competing software systems. (FT)
Now that Spain’s financial crisis is temporarily solved, concerns shift to Italy’s situation. (Bloomberg)
The average price of regular gasoline in the U.S. declines 15.9 cents in the past three weeks to $3.6243 a gallon, according to Lundberg Survey. (Bloomberg)
Congress to aggressively question Jamie Dimon of JP Morgan (NYSE: JPM) in its examination of the reasons for the bank’s huge losses. (CNBC)
British finance minister George Osborne says eurozone problems have begun to undermine the UK economy. (CNBC)
Douglas A. McIntyre
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