Personal Finance

• 72% of surveyed grandparents say they want to help fund their grandchildren’s college, about 32% say they currently are doing so USA Today
• Since 1950 the percentage of where Americans spend their money has steadily drifted from commodity based (lead by food and apparel) to services (lead by shelter and medical care) BLS: TED

Employment and Income

• How frequently do private businesses pay their workers? BLS: TED
• Educational attainment and earnings of women BLS: TED

U.S. Economy

• U.S. payrolls increased by 217,000 in May and the unemployment rate stands at 6.3%, nearly a 6-Year low Bloomberg
• How the recession reshaped the U.S. economy, in one chart composed of 255 charts The New York Times

Global Finance

• The European Central Bank cut the bank deposit rate to -0.10% in an effort to further stimulate growth in Europe. Bloomberg
• Standard & Poor’s affirmed the U.S. national credit rating of AA+ (the second highest level) CNBC