President Barack Obama canceled his Moscow summit with Russian President Vladimir Putin. The president will still attend the G-20  summit in St. Petersburg, Russia. But what exactly do the high tensions with Russia mean for U.S. business, especially when our trade relationship with Russia is smaller than you might think? Atlanta is opening a brand-new school with a high price tag, the latest urban school district to spend hundreds-of-millions of dollars on a public school.

President Obama lays out his latest thinking on how to reduce the government’s role in the mortgage market. Since the financial crisis, it’s been dominated by Fannie Mae and Freddie Mac. Also, it’s the ‘day after’ in the Washington Post newsroom. Jeff Bezos’s purchase of the newspaper for $250 million raises the question of just what does he get for the money. And finally, the Obama administration is counting on an army of influencers to get everyone signed up on the exchanges. How’s that going?

CBS, Showtime and several other channels remain off the market in Los Angeles, New York and some other big markets. If you’re a Time Warner Cable customer and really want your CBS, what can you do? Plus, more than a dozen U.S. embassies remain closed this week, amid chatter over worries of an increased terror threat. Will that damage U.S. trade in these countries? Finally, President Obama will give a speech in Phoenix on Tuesday about housing and the middle class.  But the middle class recovery has sputtered because a bulk of middle class wealth is tied up in homes.

With the latest jobs report out, a look at how jobs and growth are linked. Three of the world’s biggest oil companies reported smaller quarterly earnings compared to a year ago. What’s going on with the oil industry? Texas is running low on pentobarbital, the state execution drug. Why is it having trouble getting more? Also, a record number of U.S.  students are heading to China to do their summer internships. Not all of ’em work out, though. Plus, “Sharknado” director Anthony Ferrante discusses the phenomenon of his movie. And Hot Pockets is revamping to appeal to foodies. Will the makeover work?

A former Goldman Sachs trader known as “Fabulous Fab” has been found liable in a massive mortgage fraud case.  A look at this historic win for U.S. financial regulators. U.S. manufacturing jobs have risen to their highest level in two years. But do they pay enough for a decent living? Also, the Affordable Care Act has the potential to reshape not just how we live our lives, but also a huge piece of the American economy. We tell the story of reform from Camden, N.J. And stories on a Postal Service program offering discounts on samples, the MLB considering a lifelong ban for Alex Rodriguez, and why Fortune’s Leigh Gallagher says the American Dream is moving out of the suburbs.

The political battle over who will become the new chairman of the Federal Reserve has intensified. A look at the dirty tricks, whisper campaigns and crass politicking taking place.  Plus, today’s GPD report shows the economy grew faster than expected. But you should still be scared. What else is scary? Student loan debt. How much does the government really make off that debt? And a new study looks at education inequity. Also, stories on housing workers, why Oprah has a reason to smile, and the state of the cotton industry.

President Obama has proposed a new plan for jobs and tax reform. Republicans have already expressed their unhappiness with the plan. How do business feel? Plus, the television network CBS was blacked-out for a moment for some Time Warner Cable subscribers last night as the network and cable provider continue their battle over carriage fees. Finally, an Oregon woman has turned the table on the credit rating agencies. A federal jury ordered Equifax to pay her $18.6 million for her two-year fight to correct her credit score.  

Big Data has changed advertising, which led to the big merger in the ad business over the weekend. Advertising is all about reaching consumers with hyper-targeted ads; it’s less about “connecting” with them using sentiment and emotional messaging. The guys with the numbers win, and everybody from Google to Coca-Cola has their own numbers now. Also, Amazon says it is hiring 5,000 new full-time workers for its fulfillment centers. The jobs pay 30 percent above average retail wages. So then, the question is: Is working at a fulfillment center a “good” job?

Halliburton and BP may be seeking to shift blame the Deep Horizon accident on each other and save billions. In court, and in the newspapers, they seem at each others’ throats. But as leading companies in their industry, they — and Transocean — will have to figure out how to get along. Plus, most businesses get hammered by the markets when they fail to meet profit expectations — even if they’re earning billions. The expectations seem not to hold true of Amazon: Investors seem happy enough to watch it grow and invest with no profits.