Economics and Investing:

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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