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Oil Topping $130 May Slow Global Economy, Japan Warns (Update1) Bloomberg - 53 minutes ago By Megumi Yamanaka and Yuji Okada June 8 (Bloomberg) — Oil prices topping $130 a barrel may slow global economic growth, Japan's trade minister said, urging the world's biggest energy consumers to cut back on demand. G8 energy ministers look inward on oil, spare OPEC Reuters UK G-8 energy chiefs meet in Japan, huddle over oil prices USA Today The Associated Press - BBC News - Times Online - RTT News all 1,979 news articles

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CNBC

Retail Sales Probably Increased in May: US Economy Preview Bloomberg - 2 hours ago By Bob Willis June 8 (Bloomberg) — Sales at US retailers probably rose in May as Americans started spending tax rebate checks and record gas prices inflated service-station receipts, economists said before reports this week. Wal-Mart doing well by doing good CNNMoney.com Wal-Mart aims Marketside for fastest grocery trips Reuters BloggingStocks - Chicago Tribune - The Associated Press - Wall Street Journal all 507 news articles

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New York Daily News

Stocks & Bonds Oil Prices and Joblessness Punish Shares New York Times - 1 hour ago By ABHA BHATTARAI Wall Street suffered its worst losses in more than two months on Friday after crude oil prices spiked over $138, an increase of nearly $11, and the unemployment rate rose more than expected. Stocks: Wall Street Hits the Panic Button BusinessWeek Dark day on Wall Street CNNMoney.com Washington Post - Chicago Tribune - Reuters - New York Daily News all 1,015 news articles

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Earthtimes (press release)

Just What It Was Dreading — Intel Monopoly Rocked By Official FTC … DailyTech - 8 hours ago Somewhere at the headquarters of AMD, there must have been a cheer that went up on Friday. After months of losing ground to Intel, employee layoffs, and under the shadow of Intel's looming Nehalem architecture, the company finally had some good news to … The Escalating Legal Clash Between Intel, AMD RTT News FTC opens Intel antitrust probe San Francisco Chronicle MarketWatch - Ars Technica - San Jose Mercury News - Reuters all 593 news articles

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The Money Times

A Strong Thursday, and an Awful Friday New York Times - 1 hour ago By MARV SALTER As the markets closed Thursday, investors had reason to be in a good mood. The Dow ended the day positively for the first time all week, rising more than 200 points. Investors Flee Stocks As Oil Surges Washington Post Dow dips on jobless rate, jump in crude oil price Newsday Vancouver Sun - Los Angeles Times - CNNMoney.com - Moneycontrol.com all 151 news articles

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Turkish Press

US jobloss rate touches a three-year high Economic Times - 3 hours ago WASHINGTON: The US unemployment rate surged to 5.5% in May, its highest in more than 3-1/2 years, as the barely growing economy lost jobs for the fifth straight month. An End-of-Week Blow Shakes Groundwork for Next Week FOXBusiness Nation's economic pain deepens CNNMoney.com Newsday - Reuters - Los Angeles Times - Wall Street Journal all 770 news articles

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New York Daily News

Top City Crane Inspector Accused of Taking Bribes New York Times - 1 hour ago James Delayo, acting chief inspector for the Cranes and Derricks Unit, leaving court in Manhattan on Friday. By WILLIAM K. RASHBAUM The city’s chief crane inspector was arrested on Friday and charged with taking bribes to allow cranes to pass … Video: Senior NYC Crane Inspector Accused of Corruption AssociatedPress Allegedly Corrupt Top Crane Official Has No Comment Gothamist New York Daily News - The Associated Press - NY1 - Bizjournals.com all 616 news articles

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Earthtimes (press release)

Job Losses and Oil Surge Spread Economic Gloom New York Times - 38 minutes ago By PETER S. GOODMAN The unemployment rate surged to 5.5 percent in May from 5 percent - the sharpest monthly spike in 22 years - as the economy lost 49000 jobs, registering a fifth consecutive month of decline, the Labor Department reported Friday. An End-of-Week Blow Shakes Groundwork for Next Week FOXBusiness Nation's economic pain deepens CNNMoney.com Newsday - Los Angeles Times - Wall Street Journal - Independent all 753 news articles

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Times Online

Billionaire Henry T Nicholas III 'hosted orgies' Melbourne Herald Sun - 45 minutes ago A CALIFORNIAN technology billionaire on the Forbes rich list has been accused of a series of sex, drugs and fraud charges. Henry T. Nicholas III, founder of the microchip company Broadcom, is alleged to have given ecstasy to unwitting business … Man who refused to testify in Broadcom probe stays jailed San Jose Mercury News More jail for man who wouldn't testify in Broadcom The Associated Press ABC News - Times Online - Telegraph.co.uk - Independent all 930 news articles

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Earthtimes (press release)

An End-of-Week Blow Shakes Groundwork for Next Week FOXBusiness - 1 hour ago We will still be reeling from (three) dismal economic data reports as we look ahead to what likely be more disappointing news in the week beginning June 9. To briefly recap, the warning a week ago was prescient: “This will be the week to concentrate on … Nation's economic pain deepens CNNMoney.com Unemployment Rate Hits 5.5% as 49000 Jobs Lost New York Times Newsday - Los Angeles Times - Wall Street Journal - Chicago Tribune all 866 news articles

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