Services growth slows in June, employment stable (Reuters)

Reuters - The pace of growth in the U.S. economy's services sector remained sluggish in June and new orders fell, but employment held steady last month, according to an industry report released on Wednesday.

Earnings to set tone, upside seen limited (Reuters)

Reuters - Investors head into this week on the defensive as the potential for U.S. equity gains could be limited even if earnings begin on a strong note.

Medicare fund will last extra 12 years - maybe (AP)

AP - Medicare is in better shape because of President Barack Obama's sweeping health care overhaul and will stay afloat a dozen years longer than earlier projected, trustees forecast Thursday. But that depends on cuts in care that the system's top analyst says are highly doubtful.