Tech

Entrepreneur.com tells us how much data the world economy produces and consumes.

Philanthropy

The Washington Post reports that the $20B philanthropist Laurene Powell Jobs is redefining effective philanthropy, “equal parts think tank, foundation, venture capital fund, media baron, arts patron and activist hive. Certainly, it was an original creation — and potentially a powerful one. “I’d like us to be a place where great leaders want to come and try to do difficult things,” Powell Jobs told me recently. “I think we bring a lot more to the table than money. … If you want to just be a check writer, you’d run out of money and not solve anything.”

In the LA Times, Sarah Wire covers the immigration showdown.

Monetary

From Bloomberg, Katia Dmitrieva reports inflation has surged to a six-year high, eroding wage gains.

Regulatory

In the Washington Times, Richard Rubin reports on the real Russian collusion… with US anti-hydraulic fracturing groups to suppress US energy production.

On Real Clear Markets, John Tamny says Google should tell Congress to mind its own business.

World

Arthur Laffer discusses the G-7 summit.

At the Washington Post, Dana Milbank says we finally have a president with the guts to stand up to Canada.  (Take That, Justin!)