Thursday Headlines

The Washington Post’s Steve Pearlstein attempts to shatter the Glass-Steagall myth.

The Federal Reserve did not take any action this week to provide further stimulus to the economy, but remains ready to act.

San Bernadino becomes the latest California city to file for bankruptcy.

The markets are waiting for Godot – or, at least, waiting for Mario Draghi and the European Central Bank.

The private sector added jobs in June, but likely to have little impact on the unemployment rate.

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