A nasty May jobs report and fears about China’s markets have probably done in any plans the Fed had to raise rates in June [though maybe it shouldn’t wait much longer]. Here are the 5 things we should be watching when the Open Markets Committee gathers – WSJ

Breakingviews appreciates the CFTC’s efforts in making markets safer but says that the Commission is “overreaching” by seeking the power to access trading company source codes without a subpoena – NYTimes

Uber’s looking to raise yet more money (in addition to the $14 billion it’s taken in so far) through the leverage loan market, where it’s planning to offer as much as $2 billion in securities to investors – NYTimes and WSJ

A report from the conservative Manhattan Institute has found a startling lack of judicial oversight is plaguing the deferred prosecution and nonprosecution agreements on which the DOJ has often relied to address corporate malfeasance – Law360

Global index provider MSCI Inc. announced yesterday that it’s delaying adding China’s local-currency shares (or A shares) to its benchmark emerging markets index—a “setback for China’s efforts to join international markets” and sign of concerns over the transparency of Chinese markets – WSJ

The Deal Professor breaks down the Saudi Aramco IPO and the incredible potential of a multi-TRILLION dollar valuation, a figure that could be a “revolutionary” listing if done in New York, London, or Hong Kong – NYTimes

Brad Katsuyama’s IEX stock exchange—the one with the built-in delay meant to level the trading playing field—is expected to win regulatory approval from the SEC as soon as this Friday – WSJ

Andrew Casperson’s blaming his downfall (and the alleged Ponzi-like scheme that defrauded friends, family, and foundations of nearly $40 million) on an “uncontrollable gambling addiction” – NYTimes and Law360

Two years after Alibaba’s record-breaking American stock listing, the Chinese e-commerce giant is scrambling to reassure investors that all is okay—issuing for the first time financial guidance for the coming year and emphasizing growth despite a slowing economy – NYTimes

Hedge fund Platinum Partners is planning  to unwind its main fund as allegations fly about its role in the middle of a NYC correction officers’ union bribery scheme – WSJ

Enjoy the unconventional end to Jack Welch’s “best learning experience . . . ever”—his 10 summers as a caddie in Salem, Massachusetts – WSJ

Yes, they were there for Tonys, but host James Corden helped us all figure out why some of the night’s biggest stars looked awfully familiar—even if you’re not the world’s biggest Broadway diehard – THR