Today's Headlines

Bloomberg:  

• France’s Le Maire Calls for Europe Compromise on IMF Leader.

• Trump Says Fed ‘Doesn’t Have a Clue’.    

• SocGen Chairman Warns Economic Risks Are Building in Europe.

• Germany Faces Pressure to Spend as Economic Risks Grow in Europe.

• Rate-Cut Bets Are On the Line as Traders Tune In to Fed Speakers.

• The EU’s Next Crop of Leaders, Tanks in D.C.: Weekend Reads.

• Deutsche Bank Culls Top Leadership  

• Bill Gates Says Steve Jobs Cast ‘Spells’ to Keep Apple From Dying.

Wall Street Journal:

• Congress Targets Chinese-Made Drones.

• Lawmakers Push for New Bitcoin Rules.

• A Former Airline CEO Is Aiming to Fix Amtrak.

• Jobs Report Weakens Case for Larger Fed Rate Cut This Month.

• Instagram Turns Obscure U.S. Sights Into Social-Media Destinations.

MarketWatch.com:

• Alarming scenes from the 7.1 magnitude Southern California earthquake.

Fox News:

• Dems now using language of right to push policies of left: pollster.

• New 7.1 earthquake hits California with shaking felt in LA, Las Vegas and northern Mexico.

• Kamala Harris announces $100B plan for black homeownership, tackling racial wealth gap.

CNBC:

• Here’s where the jobs are — in one chart.

• How Kamala Harris became one of the richest contenders in the 2020 presidential field.

• Are Beyond Meat’s plant-based burgers healthier than red meat? Dietitians say no.

Zero Hedge:

• State Of Emergency Declared After 7.1 Quake Rocks Southern California; Massive Aftershocks Shake Towns.

• Credit Derivatives Are Losing Popularity As Corporate Bond Managers Shift To ETFs For Hedging.

• The Homegrown Crisis California Refuses To Own.

• Starbucks Kicks Cops Out On 4th Of July After Customer "Did Not Feel Safe" .

• Heartland: Just Say No To Nike And AOC.

• Forget Rates, The Fed Is Still Quantitative-Tightening At A Record Pace.

• Berlin's Government Is Making Housing Unaffordable.

• Binary Choice: No Deal Brexit Or Good Deal Brexit.

• How Advanced Robotics Will Impact Job Markets.

• Carmageddon Continues: New Vehicle Sales Plunge To "Horribly Mature" 1999 Levels.

• Japan Is Once Again Inflating A Massive Real Estate Bubble.

• Media Predictions Of "Tiny Crowd" For Trump July 4 Speech Proven Spectacularly Wrong.

• It Wasn't All Great News: Multiple Jobholders Soar To Record High.

• Trump Spoke To Powell For 5 Minutes On May 20, Following Phone Calls In March And April.

• Where Do Most Immigrants To The US Come From: The Surprising Answer.

• Conservative Grad Laments "I've Spent The Last Four Years Defending Myself".

• "Good" News On Jobs Sparks Selling In Stocks, Bonds, & Gold; Dollar Surged.

Business Insider: 

• An American Tour de France team has barred its riders from using cellphones at the dinner table during the 3-week race.

• Silicon Valley tech talent is flocking to Austin, Texas, trading sky-high rent costs for live music and a newer tech scene — here's what it's like in 'Silicon Hills'.

• The last major opponent of China's Muslim oppression has retreated into silence. Here's why that's a big deal.

• The 25 best states to live for 20-somethings, where jobs are booming and rent is affordable.

The Telegraph:

• Business confidence slumps with no end in sight to Brexit deadlock.