Photographer: KENA BETANCUR/AFP/Getty Images

The Gun Lobby Has Some Explaining to Do

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Make It Stop.

The U.S. is still reeling from its worst-ever mass shooting on Sunday night, in which a 29-year-old Florida man swearing allegiance to Islamic State killed 49 people at an Orlando gay club. Details about the shooter are still emerging, but one fact isn't in doubt: He used an AR-15, an assault rifle that's fast becoming a favorite of spree killers. The Bloomberg View editorial board says the tragedy is just the latest proof that we don't need more good guys with guns -- we need fewer guns in the hands of bad guys.

While Hillary Clinton and Donald Trump both spoke on the issue yesterday, Trump's outrageous statements seemed to garner more press attention. (Surprise!) Margaret Carlson marvels that Trump managed to make a monumental American tragedy all about himself, while Francis Wilkinson parses his cynical, fearmongering statement about the attacks.

Microsoft and LinkedIn: Better Together?

The software giant's $26 billion acquisition of a business networking site Monday left many observers with one question: Huh? Leonid Bershidsky says LinkedIn isn't worth $26 billion on its own, but it could be a critical asset as Microsoft aims to re-conquer the office market. Taking the long view, Justin Fox argues the purchase shows how little new territory is left in the digital world.

One Chinese City Has Figured Out the Future

Forty years ago, the southeastern city of Shenzhen was essentially a fishing village; today, it's home to 8,000 tech companies. If China's leaders want to innovateChristopher Balding says they should study what made Shenzhen successful.

Gawker Almost Shocks Itself to Death

When a Gawker writer posted a clip from a celebrity sex tape in 2012, he didn't know he'd set in motion a process that end in a $140 million jury verdict and the media company's bankruptcy. But Stephen Carter argues Gawker Media would have been doomed even if Hulk Hogan never sued it. 

U.S. Borrowers Owe Uncle Sam

Consumer credit reached a record $3.54 trillion in March, and the federal government accounted for 28 percent of the total -- up from 5 percent just a decade ago. Mark Whitehouse explains why the government is helping borrowers load up on debt. (If you need a hint, ask the nearest millennial.)

Ritholtz's Reads

  • The growing movement to expand Social Security (Reuters)
  • Hedge-fund managers work to stanch loss of investors (NYT)
  • How Norway's Warren Buffett has banked 30 percent yearly gains since 1987 (MarketWatch)

(Read the Barry Ritholtz's full news roundup.)

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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.