United States

• How far below its potential is the U.S. economy operating? Valeo Financial Advisors
• Lower gas prices tame inflation in May CNN Money

Europe

• “Carly Rae’s ‘Call Me Maybe’ is really a deep meditation on the nature and ironies of the euro crisis” The Atlantic
• Spanish banks to get up to 100bn euros in rescue loans BBC
• Spain’s Bank Matchmaker On What Went Wrong Planet Money

Personal Finance

• A middle-income family may spend $234,900 to raise a child born in 2011 to the age of 18 Bloomberg Businessweek
• What percentage of their income do Americans think they need for a rainy day emergency fund? Planet Money

Miscellaneous

• Why do prices end with .99? The Undercover Economist
• Who owns the Federal Reserve? U.S. Federal Reserve