Today’s Issue Cluster: US Economy
China – May: Industrial Output Climbs; +8.8% from +8.7% / B / WSJ / b *
US – May: Wholesale Prices Unexpectedly Decreased; -0.2% from +0.6% / B / R / WSJ / r *
US – Jun: UMich consumer sentiment slips; 81.2 from 81.9 / R / r *
Stocks – Investors Await Policy Moves For Fresh Bets on India WSJ *
Stocks – EMs Seen Closing US Gap B *
US – US healthcare data points to much weaker first-quarter GDP R / WSJ / FT / NYT *
US – Sluggish Retail Sales Cloud Hopes for Breakout Growth WSJ *
US – Inflation ‘Dragon’ Shows Signs of Stirring WSJ *
US – Credit card usage returns q * *
US – Wealth Hits Record as Rich Get Richer WSJ / zh * * *
US – Tech and pharma park cash offshore FT * * *
US – How the Recession Reshaped the Economy / NYT *
US – 2013 GDP by state / bi * * *
BOE – Carney: Rates Could Rise Sooner Than Markets Expect WSJ / FT
US – Fed Proposes Changes to Annual Stress Test WSJ
US – More Loans Come With Few Strings Attached WSJ *
US – Stock-Trade Winds Don’t Blow Wall Street’s Way WSJ *
US – Bank of America Mortgage Settlement Is Said to Be Deadlocked NYT / r *
UK – House-Price Growth Accelerates in May WSJ / R / B
*
UK – Warns Boom in Real-Estate Prices Threatens Economy WSJ / B
UK – BOE to Get New Powers to Cap House Purchase Loans WSJ / FT / B * *
Media – Amazon Launches Music-Streaming Service WSJ / FT / NYT / B / AP / R / BW *
Media – Growth stalls in readers paying for online news FT
Media – Newspapers And Magazines Face Generational Shift bi *
EU/Russia – Spar Over Cargo Rules WSJ *
Asean – ‘Economic Community all set to bring the neighborhood together’ N * * *
Metals – Ripples spread from China probe FT * * *
Oil – Companies weather Iraq upheaval FT / WSJ * *
Pharma – Foreign drug firms face a severe profit squeeze in China E *
Pharma – Japanese drugmakers sit out global M&A party FT
Pharma – US fight over expensive new treatments has global implications E *
How far will each team travel during the group stage of the World Cup? e * *
