Today's Headlines

Bloomberg:

• BOE Policy Split Deepens as Three Officials Seek Rate Hike. (video) A split among Bank of England policy makers widened this month as two officials joined Kristin Forbes in her call for a rate increase, warning that inflation could rise more than previously thought. In the biggest division on interest rates in six years, the Monetary Policy Committee voted by five members to three to maintain the key interest rate at a record-low 0.25 percent. Michael Saunders and Ian McCafferty broke ranks to demand an immediate hike to 0.5 percent.

• China's Quickly Growing Pile of Debt. (video)

• Bitcoin Tumbles Most in More Than Two Years After Record Run. (video)

• Russia Stocks Are Trump Trade Gone Wrong as Sanctions Risk Grows.

• European Stocks Fall After Fed, BOE Rate Decisions. (video)

• Your Evening Briefing.

Wall Street Journal:

• Mueller Probe Examining Whether Donald Trump Obstructed Justice.

• Top 25 Tech Companies to Watch.

• Rural America Is Stranded in the Dial-Up Age. High costs and lack of access to broadband service prevent residents of far-flung communities from joining the modern economy.

• U.S. Invests $258 Million in Supercomputing Race With China.

• Man Who Shot Congressman Had History of Anger, Anti-GOP Views.

• Syria’s Newest Flashpoint Is Bringing U.S. and Iran Face to Face. Risks of a confrontation in country’s south have unexpectedly increased as the U.S. ramps up its operations against Islamic State.

Fox News:

• Shooting spurs calls for new lawmaker security measures. (video)

• Gregg Jarrett: Trump should demand Mueller quit as special counsel. (video)

CNBC:

• Trump says 'very good' GDP numbers are coming. (video)

• Amazon(AMZN) will disrupt grocery stores next and that justifies its surging price, analyst says. (video)

• Democrats move the Russia goalposts.

• Apple(AAPL) should buy Athenahealth(ATHN) to expand in health care: Citigroup.

• Josh Brown: Don't look for reasons to hate stocks, the market 'just swallowed' four Fed rate hikes. (video)

Zero Hedge:

• Putin Offers Asylum To "Leaker" Comey.

• Germany, Austria Slam US Sanctions Against Russia, Warn Of Collapse In Relations.

• Why The United States Rule Oil Prices... Not OPEC (In 4 Simple Charts).

• RBC: "Clients Increasingly Uncomfortable" With The Fed "Tightening Into A Slowdown".

• Trump Preparing Executive Order On Drug Prices; Spec Pharma Stocks Slide To One Month Lows. (graph)

• EU Agrees To Bailout Greece Once Again.

• Ken Starr Bursts CNN's Bubble; "No Obstruction Case Against Trump From What I've Seen". (video)

• Confused By What's Going On In China? Goldman Answers All Your Questions.

• Trump-Train Stalls As US Manufacturing Output Tumbles In May. (graph)

• Nike(NKE) Cutting 2% Of Global Workforce.

• Despite Bank Of Canada Hubris, Existing Home Sales Crash In May. (graph)

• New York Fed Soars To Highest Since Sept 2014, Philly Fed Also Beats. (graph)

• US Import & Export Prices Tumble In May As China Credit Impulse Collapses. (graph)

• In "Significantly Great News" China Parts Ways With Yellen, Refuses To Hike, For Now.