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President Obama will meet with Bill Gates, Warren Buffett, and other people who've taken the "Giving Pledge" at the White House (UPI)

Obama will announce the selection of former Ohio attorney general Richard Cordray as the chair of the Consumer Financial Protection Bureau, instead of Harvard professor Elizabeth Warren (Politico)

"Harry Potter" has the highest-grossing opening weekend of all time (L.A. Times)

Sen. Tom Coburn will introduce a plan to achieve $9 trillion in deficit reductions and budget cuts, include revenue increases and steep defense cuts (Bloomberg)

UK parliament's summer plans disrupted as phone hacking scandal grows (WSJ)

Mitt Romney fields a town hall question on the debt ceiling:

Don't Fumble the Debt Ceiling by Jed Babbin: If you try to pass "Cut, Cap and Balance," you'll fail. You'll strengthen Obama's hand and take the blame for any downgrade or default.

How to Call Obama's Bluff, by Green Lantern: Otherwise, Republicans are playing a losing hand.

Pre-Existing Prevarication, by David Catron: Obama finally surpasses even Bill Clinton on phony childhood anecdotes.

Kennedy Family Feud, by Daniel J. Flynn: Now that no Kennedy holds political office in Washington, they're fighting each other.

It's About Jobs, by Ken Blackwell: The president's endless deficits will only continue to crush economic activity.

A Romp Through History, by Michael Johnson: Alexander Motyl's comic novel with half-serious underpinnings

The Tree of Life, by James Bowman: Pretentiousness never had it so good.