Libor scandal is whitecaps in a thimble

Commentary: Rigging workhorse rate was stupid, and the stupid should resign

First some data, then LIBOR. Tempest or titillation? The effects from global markets to your adjustable-rate mortgage — earth-shaking? Or teapot-tilting?

June jobs data are as-was in May and April: 75,000 new jobs, poor, but afloat!