Morning Must Reads: Diplomacy

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–Economic growth slows to 1.5% in the second quarter, the worst rate in a year.

–The Guardian’s live blog captured every wince of Gov. Romney’s terrible, horrible, no good, very bad day.

–Congressional leaders say they’re working on a stopgap measure to fund the government until 2013, thereby preventing a potential shutdown debate in late September as the presidential race enters high gear.

Bloomberg Businessweek profiles Karl Rove.

–Obama’s sunny new ad:

–Context is dead.

–Not to rain on London’s parade, but from a financial perspective, hosting the Olympics is pretty bad business.

–And TIME picks the 20 most influential Americans in history. Your thoughts on the list?

What’d I miss?