UK’s exit from EU would be a “shock” to global economy: G20
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Bob Shapiro: Oil and The Dollar
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Items from Professor Preponomics:
US News
Fleeing Firms Put Pressure on Congress and Candidates (Washington Examiner)
Bank of America is Preparing Big Layoffs in Investment Banking and Trading
(Business Insider)
JP Morgan: We’re Bracing for Energy Losses (CNBC)
Wells Fargo Girds for Oil & Gas Loan Losses (Morningstar)
International News
G20: Leaders Split on How to Kick-Start Global Growth (The Telegraph)
4,000 HSBC Staff Face the Axe (Daily Mail)
Royal Bank of Scotland Hits Eighth Straight Annual Loss (Yahoo News)
Personal Economics and Household Finance
IRS: Cyberattack Twice as Bad as Previously Known (Market Watch)
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