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June 01 – June 15

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Wall Street Big Shots Breaking Out 10 Speeds NY Post / John Aidan Byrne

Fund’s Investors In Revolt NY Post / Teri Buhl

Bond-ETF market matures Marketwatch / John Spence

Bond sell-off in focus Reuters / Jeremy Gaunt

Investors pile up commodities, shun dollars Dallas Morning News / Scott Burns

Think the Economy Is Bad? Wait Till the States Cut Back NY Times / Louis Uchitelle

US staring at double-dip recession as calls for higher interest rates grow Telegraph / Liam Halligan

Payrolls Probably Fell for Fifth Month: U.S. Economy Preview Bloomberg / Shobhana Chandra

Consumers Lean on Rebate Checks for Bills and Gas NY Times / Nelson D, Schwartz

The fading of the mirage economy Washington Post via Seattle Post Intelligencer / Steven Pearlstein

A recession without contraction? AP via Seattle Times

Economic reports, earnings warnings couple to buck June trend Pittsburgh Tribune Review / Gregory M. Drahuschak

CA: Silver lining in foreclosure cloud San Francisco Chronicle / Carolyn Said

Conventional Wisdom, Foiled Again Marketwatch via NY Times / Mark Hulbert

One mediocre number hounds Wal-Mart Pittsburgh Tribune Review / Jack Markowitz

OPEC president says oil prices not tied to market AP via Seattle Post Intelligencer

US Treasury chief: no 'quick fix' on oil AP via Chicago Tribune / Barbara Surk

Obama Moves Closer to Nomination With Delegate Ruling Bloomberg / Brian Faler and Edwin Chen

Banks' credit crisis solutions have echoes of 1929 Depression Telegraph / Philip Aldrick

If the eurozone is on fire, will the ECB get burnt? Guardian – Observer / Heather Stewart

How broke Britain could benefit from German lessons Guardian – Observer / Heather Stewart

UK: Bank to freeze interest rate Guardian – Observer

ECB Clear on Mandate to Maintain Price Stability, Trichet Says Bloomberg / Sharon Smyth and Flavia Krause-Jackson


If the Seventies taught us anything, it's how fast a bounce can disappear Guardian – Observer / William Keegan

The Trouble in Housing Trickles Up NY Times / Nelson D. Schwartz


U.S. dollar faces threats to its reign Christian Science Monitor / David R. Francis

Convertible Bond Rule Targets Earnings / Robert Willens

20 reasons new megabubble pops in 2011 Marketwatch / Paul B. Farrell

Lion or lamb? Marketwatch / Mark Hulbert

Office Mortgage Underwriting May Harm Bondholders, Lehman Says Bloomberg / Jody Shenn

Too Soon to Breathe Easy Federal Reserve Bank of Atlanta / Dennis P. Lockhart

Fed policy appropriate, needs time -Fed's Lockhart Reuters / Alister Bull

Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today Federal Reserve Board

Negative Equity and Foreclosure: Theory and Evidence pdf Federal Reserve Bank of Boston / Christopher L. Foote, Kristopher Gerardi, and Paul S. Willen

Lenders foot the bill for abandoned homes CNN / Les Christie

Rising rates? Not too late to refi CNN / Gerri Willis

Treasuries Rise as Credit Market Concern Increases, Stocks Drop Bloomberg / Sandra Hernandez and Daniel Kruger

Stagflation recipe missing one key ingredient Reuters / Emily Kaiser

Stagflation Rears Its Ugly Head Forbes / Lisa LaMotta

Real-time stock quotes available free online AP via Houston Chronicle / Stephen Bernard

Microsoft Bid $40 for Yahoo, Now at $26, Papers Show Bloomberg / Jef Feeley

FedEx to drop Kinko's name, take $891M charge AP via Houston Chronicle

GM May Need A Loan, And Soon Forbes / Joann Muller

Financials Sink, Dragging U.S. Stocks Lower Forbes / Steve Schaefer

Bank downgrades, Wachovia ouster rocks markets Reuters / Anastasija Johnson

Bush: 43M families hurt if tax cuts expire CNN / Jeanne Sahadi

CBOE and CME settle for $1 billion Chicago Tribune / Joshua Boak

Canada: Consumer confidence plunges Globe and Mail ./ Heather Scoffield

State jobless benefits reserves low / Pamela M. Prah

MI: Consignment, resale, thrift shops gain in down economy Lansing State Journal / Kathryn Prater

Buffett vs. Bernanke / Roger Lowenstein

U.S. Stocks Retreat, Led by Banks; Wachovia, Citigroup Drop Bloomberg / Michael Patterson

US STOCKS-Market opens down on banking stocks Reuters

Monday’s Analysis / Marty Chenard

ISM Manufacturing Index in U.S. Unexpectedly Increased in May Bloomberg / Courtney Schlisserman

Consumer Spending Wont Save the US Economy Brookes News via Safehaven / Gerard Jackson

Bonds Rise as U.K. Bank Fans Credit Fears Dow Jones via / Deborah Levine

More Debt Seen for California Schools Bond Buyer / Rich Saskal

Hedge Funds Cut Oil Bets as Prices Rose, CFTC Probed Bloomberg / Robert Tuttle and Grant Smith

Fear of sapped demand pushes oil below $126 AP via Forbes

Investing for the oil price collapse Marketwatch / Michael Lynch

Hillary Clinton: "It is not over 'til it's over" Reuters / Ellen Wulfhorst

Oil Tax Exposes Democrats' Economic Illiteracy Bloomberg / Kevin Hassett

Banks troubled, but here's why you can relax Charlotte Observer / Christina Rexrode

Washington Mutual's Killinger Steps Down as Chairman Bloomberg / Linda Shen

Amid economic slowdown, signs of new world order Christian Science Monitor / Mark Trumbull

How the next president will change the Fed CNN / Chris Isidore

Wall Street Says -2 + -2 = 4 as Liabilities Get New Bond Math Bloomberg / Bradley Keoun

US staring at double-dip recession as calls for higher interest rates grow Telegraph / Liam Halligan

New approaches to selling houses in tough market Newsday / Ellan Yan

CA: The market turns cold in a desert boomtown LA Times / Peter Y. Hong

Oil drops below $127 AP via CNN

Wachovia board ousts CEO Thompson Marketwatch / Greg Morcroft

Paulson Says End to Financial-Market Turmoil Will Take `Months' Bloomberg / John Brinsley

Leftward Tilt May Hamper Obama Forbes / Oxford Analytica

Banking worries pressure British pound Marketwatch / William L. Watts

The Bank of England must be brave and raise interest rates Telegraph / Willem Buiter

Steady rates at ECB 'appropriate,' IMF says Marketwatch / William L. Watts


Oil prices drop below $124 a barrel in Asia AP via Houston Chronicle / Thomas Hogue

Text of Obama speech Marketwatch

Text of McCain's speech Marketwatch / Robert Schroeder

Hillary Clinton defiant in face of loss Reuters / Ellen Wulfhorst

Obama makes history with nomination Reuters / John Whitesides

McCain jumps in, says he's also agent of change Marketwatch / Russ Britt

McCain Calls Obama `Formidable,' Praises Clinton Bloomberg / Hans Nichols

Tipping takes a dive along with economy, and workers feel the pinch AP and Modesto Bee / Jerry Hirsch and Christina Salerno

CA: Slow home sales? Buy one, get one free in San Diego Reuters / Mike Blake

Which Democrat has won each primary and caucus? Reuters

Federal Reserve must act quickly if recession clouds lift London Times / Gerard Baker

IL: State bankruptcy filings jump 27.2 percent in first quarter Chicago Tribune / Becky Yerak

Review and Preview Morgan Stanley / Ted Wieseman

Treasuries Little Changed as Bernanke Renews Inflation Concern Bloomberg / Sandra Hernandez and Daniel Kruger

ISDA and SIFMA File Amicus Brief in Support of TCIF SIFMA

Economic Ratings Highly Stable in Recent Days Gallup Daily

Stocks Pare Gains In Midday Trade Investors Business Daily / Vincent Mao

Nasdaq jumps, Dow drifts CNN

Fed Leaves Traders Flat / Mark Glassman

Ford Sales Fall 16% as Consumer Shun Pickups, SUVS Bloomberg / Mike Ramsey and Greg Bensinger

Fly the Shrinking Skies Business Week / Dean Foust and Justin Bachman

Lehman May Need to Raise Capital as Analysts See Loss Bloomberg / Yalman Onaran

Oil futures slide as dollar firms on Bernanke speech Marketwatch / Myra P. Saefong and Nick Godt

There's no easy scapegoat for our crude realities Marketwatch / Todd Harrison

Dollar Rises to Two-Week High Versus Euro on Bernanke's Comment Bloomberg / Ye Xie and Bo Nielsen

S&P Offers Barometer for Muni Issuers Chasing Yield Bloomberg / Joe Mysak

Remarks on the economic outlook Federal Reserve Board / Ben S. Bernanke

Federal Reserve announces results of auction of $75 billion in 28-day credit held on June 2, 2008 Federal Reserve Board

Global Trends in Large-Value Payments Federal Reserve Bank of New York

Bernanke warns on dollar, says policy well-positioned Reuters

Bernanke Says Rate `Well Positioned,' Watching Dollar Bloomberg / Scott Lanman

Tuesday’s Analysis / Marty Chenard

Trouble ahead for the world's airlines The Economist

Cash-strapped consumers take risks to raise money Wall Street Journal via Tennessean / Eleanor Laise

Here’s Why US consumers Are Running Out Of Gas NY Post / John Crudele

Factory orders up 1.1% on higher gasoline prices Marketwatch / Rex Nutting

CA: Foreclosures lead a town's downturn LA Times / Peter Y. Hong

Soros Says Oil `Bubble,' Market Basics May Trigger Recession Bloomberg / Matthew Leising

Oil below $127; investors weigh supply v. demand AP via Houston Chronicle / Pablo Gorondi

Congress, Regulators Target `Bad' Speculation Bloomberg / Caroline Baum

Banks have a capital problem CNN / David Ellis

U.S. Slump Spreading To Canada? Forbes / Oxford Analytica

China says U.S. economic slump won't deflate exports Bloomberg via LA Times / Li Yanping

Federal Reserve Chairman Ben Bernanke, Cape Cod event to look at jobs, inflation Boston Herald / Jerry Kronenberg

PA: Food stamp use on the upswing Pittsburgh Post Gazette / David Guo

Housing market may turn more quickly than you expect Marketwatch / Dr. Irwin Kellner

The More Things Change, the More Things Change Daily Standard / Irwin M. Stelzer

Commodity Regulation to Toughen NY Times / Diana B. Henriques

Asia Bond Risk Rises to Six-Week High on U.S. Bank Rating Cuts Bloomberg / Laura Cochrane and Oliver Biggadike

Asian Stocks Fall for First Time in Four Days; Banks Decline Bloomberg / Chen Shiyin and Masaki Kondo

South Korean Won Advances After Inflation Climbs to 7-Year High Bloomberg / Kim Kyoungwha

Yen Trades Near Two-Week High Against Euro; Carry Trades Pared Bloomberg / Kosuke Goto and Stanley White

Dollar edges up before Bernanke, data Reuters via Guardian

An Impossible Dream, the Euro Finds Its Way NY Times / Carter Dougherty and Mark Landler

China Dismisses `Hard Landing' Risk From Faltering U.S. Growth Bloomberg / Li Yanping

The Bank of England must be brave and raise interest rates Telegraph / Willem Buiter

Japan slowdown unavoidable, says BOJ nominee Ikeo Reuters via Guardian / Yoshiyasu Shida

UN Convenes World Leaders to Seek More Aid for Food Production Bloomberg / Jennifer M. Freedman



Japan's Importance to the U.S. and Southeast Economies Federal Reserve Bank of Atlanta / Dennis P. Lockhart

Fed's Lockhart: Econ woes unlikely to be lengthy Reuters / Karen Jacobs

And the Ben Bernanke Award for Fiction Goes To... BullionVault via Safehaven / Adrian Ash

UBS to Close Municipal Bond Unit as No Buyer Found, Paper Says Bloomberg / William Selway

Clinton to end campaign Friday: reports Marketwatch / John Letzing

Stocks Slip to Mixed Finish / Mark Glassman

Schwarzenegger declares statewide drought in California AP via Oakland Tribune / Don Thompson

Drought 'to be biggest world risk' Telegraph / Ambrose Evans-Pritchard

Canada: Personal bankruptcies highest in 4 years Globe and Mail / Lori McLeaod

Bernanke says U.S. inflation too high Reuters / Svea Herbst

Bernanke sees no repeat of '70s-style inflation AP via Houston Chronicle / Jeannine Aversa

Bernanke Says Rise in Price Expectations a `Concern' Bloomberg / Craig Torres

Remarks on Class Day 2008 Federal Reserve Board / Ben S. Bernanke

The International Product Cycle and Globalization of Production Federal Reserve Bank of Dallas / Edwin Lai

The Fed’s War on the Middle Class Ludwig von Mises Institute / Mark Thornton

What will MBIA do with $900 million? Marketwatch / Alistair Barr

Facing Downgrade, MBIA Comes Out Fighting Forbes / Liz Moyer

Treasury prices pull back as stocks move higher AP via Seattle Post Intelligencer / Tim Paradis

Tipping The Shorts Forbes / Liz Moyer

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

Oil dips to $121 as reserves grow BBC News

Wednesday’s Analysis / Marty Chenard

Treasuries extend losses after services data Reuters

Bernanke Throws Fed's Weight Behind Paulson's Dollar Policy Bloomberg / Scott Lanman

U.S. Services Expanded at Faster Pace Than Forecast Bloomberg / Bob Willis

Productivity improves while wage pressures moderate AP via San Francisco Chronicle / Martin Crutsinger

Profit Gain Signals Companies Surviving Storm Bloomberg / John M. Berry

Mortgage applications index hits 6-year low: MBA Reuters

Oil prices may have peaked LA Times / Elizabeth Douglass

Federal Reserve chairman Ben Bernanke's smart intervention London Times / David Wighton

Derivatives Traders Signal Banks' Credit Woes Likely to Worsen Bloomberg / Liz Capo McCormick

Treasuries Fall as Stocks Rise; Bernanke Signals Cuts Are Over Bloomberg / Wes Goodman

Mass transit demand rises, costs soar Christian Science Monitor / Alexandra Marks

Extension of Benefits For Jobless Is at Risk Washington Post / Paul Kane

Asian Stocks Advance, Led by Sony, Toyota Motor as Dollar Gains Bloomberg / Chen Shiyin and Masaki Kondo

No recession for $crap metal industry Boston Herald / Jay Fitzgerald

Dollar steadies after surge on Bernanke warning Reuters via Guardian

Dollar Trades Near Two-Week High; Bernanke Concerned Over Drop Bloomberg / Stanley White and Kosuke Goto

Japan Capital Spending Falls Less-Than-Estimated 5.3% Bloomberg / Jason Clenfield

Australia's Economy Grows Faster-Than-Expected 0.6% Bloomberg / Jacob Greber


Condition of the banking system Federal Reserve Board / Donald L. Kohn

Bond timers are bearish Marketwatch / Mark Hulbert

Americans $1.7 trillion poorer CNN / Tami Luhby

Should You Sweat The 'Recession'? Forbes / Jocelyn Woolsey

How about oil at $75 a barrel? Globe and Mail / Angela Barnes

Oil posts record $6 gain on weak U.S. dollar Reuters / Matthew Robinson

Oil rises above $128 after record surge on weak dollar Reuters / Maryelle Demongeot

Oil still ripe for investment: Barcap Reuters / Barbara Lewis

The Outlook for Money and Securitization Markets Morgan Stanley / Richard Berner

Treasurys dip after ECB, drop in jobless claims AP via Houston Chronicle / Madlen Read

High-Yield Bond Spreads Fall Most in a Month on Alltel Sale Bloomberg / Bryan Keogh

Financial Econometrics, Financial Innovation, and Financial Stability Federal Reserve Bank of Philadelphia / Charles I. Plosser

Mortgage Relief Initiative Expands and Evolves Federal Reserve Bank of Boston

Fed Official: More Bank Losses, Writedowns Loom / Vincent Ryan

Wall Street On A High As Ambac, MBIA Cut Comes Through Forbes / Steve Schaefer

Dow Gains 213 Points / Mark Glassman

Big rally on Wall Street CNN / Alexandra Twin

Obama, Clinton meet in Washington – report Marketwatch / V. Phani Kumar

Clinton Says She's Not Seeking Vice Presidency Bloomberg / Lorraine Woellert and Kristin Jensen

Slump is affecting Latino workers San Diego Union Tribune / Leslie Berestein

EU: A decade in the sun The Economist

Breakevens to Break Even Higher? Morgan Stanley / Manoj Pradhan

Trichet Says ECB May Consider Raising Rates in July Bloomberg / John Fraher

Financial Stability and Central Banks Federal Reserve Bank of Richmond / Jeffrey M. Lacker

The Effect of Trade with Low-Income Countries on U.S. pdf Industry Federal Reserve Bank of Dallas / Raphael Auer and Andreas M. Fischer

Banking, Housing and Urban Affairs FDIC / Sheila C. Bair

Making Surpluses Stay Pimco / Myles Bradshaw and Jeroen van Bezooijen

Treasuries Decline as Policy Makers Stoke Inflation Concern Bloomberg / Sandra Hernandez

US commercial paper outstanding up in latest wk-Fed Reuters

U.S. Mortgage Delinquencies, Foreclosures Rise to 29-Year High Bloomberg / Kathleen M. Howley

Rates on 30-year mortgages rise to three-month high AP via Contra Costa Times / Martin Crutsinger

U.S. Stocks Rise Most in Month on Retail Sales, Jobless Claims Bloomberg / Michael Patterson

Target's sales slump continues in May St. Paul Pioneer Press / Gita Sitaramiah

This downturn may not be deep, but it could be unusually long Independent / Hamish McRae

Bank of England leaves key rate unchanged Marketwatch / William L Watts

European Central Bank keeps interest rate at 4% AP via CNN

Bonds turn negative after surprise jobless data Reuters

U.S. stock-market futures point to modest gains Marketwatch / Simon Kennedy and Kate Gibson

Stocks looking up CNN

Thursday’s Analysis / Marty Chenard

Washington is Laboring over it’s May Jobs Blooper NY Post / John Crudele

Weekly jobless claims unexpectedly fall Reuters

Wal-Mart, Costco Discounts on Food Boost May Sales Bloomberg / Lauren Coleman-Lochner

FL: Overdue loans to Florida banks quadruple St. Petersburg Times / James Thorner

Time to Put Investment Banking Back in Its Box Bloomberg / Mark Gilbert

Wachovia's Thompson Lost a Bundle and His Job Bloomberg / Graef Crystal

Oil prices hold above $122 a barrel AP via Modesto Bee / Thomas Hogue

Brazilian Oil Finds May Cost a Record $240 Billion to Develop Bloomberg / Joe Carroll

Another first: billion-dollar presidential campaign Reuters / Kevin Drawbaugh

Bernanke draws 70s parallels at Harvard Boston Herald / Warren Allen

Food Is Gold, and Investors Pour Billions Into Farming NY Times / Diana B. Henriques

Beyond gasoline: Prices surge for oil-based goods Christian Science Monitor / Ron Scherer

Bernanke to Grads: No Repeat of '70s Washington Post / Neil Irwin

At Harvard, They Hail a Fed Chief NY Times / Michael M. Grynbaum

Bonds Win Big at California Ballot Box Bond Buyer / Rich Saskal and Andrew Ward

Treasuries Rise Before Reports on Jobless Claims, Employment Bloomberg / Wes Goodman

A Bummer Summer for Job-Seeking Teens Washington Post / Michelle Singletary

Economic risks imperil climate bill Christian Science Monitor / Gail Russell Chaddock

Bank of England unlikely to cut interest rate, despite pleas London Times / Gary Duncan and Siobhan Kennedy

Japan’s economy recovers confidence Guardian via Taipei Times / Ashley Seager

O.E.C.D. Cuts Its Growth Forecast NY Times / Matthew Saltmarsh

Dollar Trades Near Two-Week High Versus Euro on Bernanke Remark Bloomberg / Kosuke Goto and Ye Xie


An elusive ocean of crude Bloomberg via Houston Chronicle / Anthony Effinger

Fed to hold rates even as inflation fears rise Reuters / Pedro Nicolaci da Costa

Jobs recovery at least 6 months away Reuters / Nick Zieminski

Oil surges $11 to record $138 CNN / Catherine Clifford

U.S. Consumer Credit Increases $8.9 Billion in April Bloomberg / Vincent Del Giudice

Financial Market Developments and Credit Conditions Federal Reserve Board / Randall S. Kroszner

Fed's Bullard: Fed must tackle inflation this year Reuters via Washington Post / Alister Bull

Treasuries Head for Biggest Gain Since February on Jobs Report Bloomberg / Sandra Hernandez and Daniel Kruger

Oil Rises to Record on Weakening Dollar, Morgan Stanley Outlook Bloomberg / Robert Tuttle

Gold gains over $23 to end the week higher Marketwatch /

Corn surges to new record on rainy weather, dollar AP via Stevenson Jacobs

Silver's more than a sparkle in investors' eyes Marketwatch / Myra P. Saefong

Unemployment spike stirs stimulus talk CNN / Jeanne Sahadi

'Stimulus may be working' – Bush AP via CNN

Losses Pile On As Crude Hits New Record Investors Business Daily / Vincent Mao

Dow Plunges 300 Points NY Times / Abha Bhattari

EU: Weber Says Investors Understood ECB Rates Message Bloomberg / Matthew Brockett

U.S. Stocks Drop as Unemployment Rate Jumps; AIG Shares Tumble Bloomberg / Michael Patterson

Stocks open lower on jobs, oil AP via Chicago Tribune

What Goes Up... / Mark Glassman

Friday’s Analysis / Marty Chenard

Yahoo! An Egg Throwing Game Targets Ballmer NY Post / Paul Tharp

Jobless rate surges in May to 5.5 pct Reuters

U.S. Payrolls Fall, Unemployment Rate Climbs to 5.5% Bloomberg / Shobhana Chandra

Nonfarm Payrolls In May Decline By 49,000 Forbes

Lipstick On A Pig Forbes / Maurna Desmond

FL: Landlords fall into foreclosure, leaving tenants in shock, lurch Palm Beach Post / Jeff Ostrowski

Foreclosures surge in Florida Miami Herald / Monica Hatcher

Rating Companies Are Easy Target for Eager Gunners Bloomberg / Joe Mysak

Dollar Policy for Dummies, Dimwits and Dolts Bloomberg / Caroline Baum

The Fed's dollar defense Fortune via CNN / Colin Barr

UBS Will Shut Down Bond Unit NY Post / Mark DeCambre

Oil: $150 high by the Fourth of July? AP via Chicago Tribune / Pablo Gorondi

Mutual fund reports are about accountability Globe and Mail / Rob Carrick

Policy, Commodity Prices and Currencies Morgan Stanley / Stephen Jen

Dollar rises against the yen AP via Houston Chronicle

Money pressures pile up on the U.S. consumer Christian Science Monitor / Mark Trumbull

Nearly 1 in 10 Homeowners Face Loan Problems NY Times / Vikas Bajaj and Michael M. Grynbaum

Congress Passes $3 Trillion Budget Washington Post / Lori Montgomery

Treasuries Are Little Changed as Stocks Rise Before Jobs Report Bloomberg / Wes Goodman

MBIA, Ambac Lowered Bond Buyer / Dakin Campbell

Closed-Ends Eye Auction-Rate Exit Bond Buyer / Christine Albano

Investors' Growing Appetite for Oil Evades Market Limits Washington Post / David Cho

Asian Stocks Advance After Oil Surges, Yen Weakens; BHP Gains Bloomberg / Chen Shiyin and Masaki Kondo

Euro holds gains after Trichet flags rate hike Reuters via Guardian

It isn't love - but private equity and banks' marriages are convenient Telegraph / Tracy Corrigan

UK: City stunned by European Central Bank's warning on eurozone rates London Times / Gary Duncan, Gráinne Gilmore and Rebecca O'Connor



Indexing minus market cap: A novel idea Globe and Mail / Brian Milner

News Puts Economy Atop Political Agenda Washington Post / Jonathan Weisman and Robert Barnes

Treasuries Gain Most Since February as Unemployment Increases Bloomberg / Sandra Hernandez and Daniel Kruger

Dollar Falls Most in Two Months on U.S. Jobless Rate, ECB View Bloomberg / Ye Xie and Bo Nielsen

U.S. stocks face renewed economic uncertainties MarketWatch / Nick Godt

Oil prices, unemployment paint grim economic picture McClatchy via Miami Herald

Job woes jolt economy Chicago Tribune / James P. Miller

Negative Economic Ratings Hold Steady Gallup Daily

Soaring Oil Price `Dangerous' for Growth, Steinbrueck Says Bloomberg / Ellen Pinchuk and Alex Nicholson

Working on The Debt Diet but Hit By Food Washington Post

The jobless: in their own words AP via Chicago Tribune

Clinton suspends historic campaign Marketwatch / Robert Schroeder and Kristen Gerencher

Oil producers urged to boost output as prices soar AP via Seattle Times / Joseph Coleman


Fed's Geithner seeks global banking framework: paper Reuters via Washington Post

Does gold, commodities surge signal war? Marketwatch / Peter Brimelow

Oil volatile as markets not well supplied: BP CEO Reuters via Washington Post

Oil slips 0.5 pct after record $11 surge to new high Reuters / Jonathan Leff

Goldman Blames ECB Remarks For Oil Price Jump, Sees No Fundamentals Dow Jones via CNN

Wall Street frets about recovery CNN

Lehman said to be close to raising $5B in capital AP via CNN

Lehman: Losing street Creed NY Post / Mark DeCambre

Securities Firm Gone Under? Your Money's Probably Safe Kiplinger via Washington Post / Amy Bickers

Midcaps have outperformed, but recent results may be misleading Chicago Tribune / Gail MarksJarvis

Oil crisis dominates G8 meeting BBC News

OPEC sees no need to pump more after price surge Reuters via Washington Post / Simon Webb

Gas price record reaches $4 a gallon CNN / Mark M. Meinero and Ben Rooney

Iran sees oil price at $150 per barrel by end-summer Reuters via Forbes

Wal-Mart Chief Reaps Benefits of Economic Slump, Rising Prices Bloomberg / Chris Burritt

Consumers turn to bartering for goods, services AP via Journal News / Eileen Alt Powell

Borrowers who get behind struggle to regain footing Tennessean / Chris Sisk

How the housing slump can affect reverse mortgages LA Times / Liz Pulliam Weston

Agents going to extremes to get real estate moving Columbia News via Philadelphia Inquirer / Lisa Cupido

Rates Rising NY Post / Richard Wilner

Selling stuff on eBay? IRS wants its cut Denver Post / David Migoya

Low Risk, Good Reward Wall Street Journal / Janet Paskin

Energy price fiasco causes multiple problems for Americans Pittsburgh Tribune Review / Gregory M. Drahuschak

Retail Sales Probably Increased in May: U.S. Economy Preview Bloomberg / Bob Willis

Consumers battle recession, inflation Marketwatch / Rex Nutting

Oil Prices Raise Cost of Making a Range of Goods NY Times / Louis Uchitelle

Inflation? Stick With Stocks US News and World Report via NY Times / Paul J. Lim

Shrinking Lines of Credit NY Times / Bob Tedeschi

After ten years the euro is facing up to its first serious test Telegraph / Liam Halligan

Stubborn mortgage rates defy conventional wisdom  Chicago Tribune / Susan Chandler


Rising Energy Prices and the Falling Dollar Texas Straight Talk via Safehaven / Ron Paul

If only this were the '70s Marketwatch / Dr. Irwin Kellner

China, Hong Kong drop in reaction to new bank rule Marketwatch / Chris Oliver

Additional Panic Selling Is Feared NY Sun via Fiend’s SuperBear Page / Dan Dorfman

Will states topple Electoral College? / Pamela M. Prah

War and Inflation Lew Rockwell / Llewellyn H. Rockwell, Jr.

Today's Oil Spike Doesn't Bode Return to '70s / Paulette Miniter

Outstanding Issues in the Analysis of Inflation Federal Reserve Board / Ben S. Bernanke

Bernanke Says Risk of `Substantial Downturn' Has Diminished Bloomberg / Craig Torres and Scott Lanman

Bernanke: Energy price rises raise inflation risks Reuters

Bernanke: Slowdown will bring down inflation Marketwatch / Greg Robb

Fed's Rosengren does not comment on economy, policy Reuters

Short-term yields jump on view Fed will tighten Reuters / Ellen Freilich

America is addicted to bubbles Miami Herald / Gregg Fields

IMF outlook on U.S. economy remains bleak Reuters

Seller help for down payments under fire Marketwatch / Ruth Mantell

CA: More home auctions on the block Contra Costa Times / Barbara E. Hernandez

Oil falls back in volatile trade BBC News

Dow Rises While Nasdaq Falls Forbes / Steve Schaefer

What's At Stake For Yahoo!'s Board Forbes / Wendy Tanaka

Stocks finish widely mixed after Friday's sell-off AP via LA Times / Madlen Read

Major airlines roll back weekend fare increase AP via San Diego Union Tribune / Adam Schreck

Illinois rejects Tribune terms on Wrigley talks Reuters

Reducing Systemic Risk in a Dynamic Financial System Federal Reserve Bank of New York / Timothy F. Geithner

Why the U.S. Treasury Began Auctioning Treasury Bills in 1929 Federal Reserve Bank of New York

Geithner Urges `Unified' Supervision of Finance Firms Bloomberg / Craig Torres and Anthony Massucci

Record Heat Hits U.S. East Coast; Rain Soaks Midwest Bloomberg / Robin Stringer and Joseph Galante

A new apple of Apple's eye The Economist

Barack Obama turns his sights on to the presidency The Economist

Oil Falls as Saudi Arabia Calls for Producer-Consumer Meeting Bloomberg / Mark Shenk

Fed Not in It to Back a `Strong Dollar' Policy Bloomberg / John M. Berry

Corn soars to record high, set to climb further Reuters / Nigel Hunt

Oil at a boil: Opec bailing on the west NY Post / Peter Lauria

Wealth Evaporates as Gas Prices Clobber McMansions Bloomberg / Rich Miller and Matthew Benjamin

Mall mania subsides as consumers turn bargain hunters Orlando Sentinel / Mark Chediak

The Reverse Wealth Effect Ciovacco Capital Management / Chris Ciovacco

Unemployment pain to continue – index CNN

Jobs market declines in May Reuters / Burton Frierson

Seeing Recession When There's None to Be Found Bloomberg / Kevin Hassett

Pending Home Resales in U.S. Unexpectedly Increased Bloomberg / Courtney Schlisserman

Housing Bubble Didn't Burst Everywhere in U.S. Bloomberg / John F. Wasik

Monday’s Analysis / Marty Chenard

McDonald's 'comparable store' sales up 7.7% in May Chicago Tribune

U.S. Stocks Rise as McDonald's Sales Top Estimates, Oil Falls Bloomberg / Eric Martin

Buffett's big bet Fortune via CNN / Carol J. Loomis

Fitch cuts Lehman credit rating Reuters

U.K. Notes Decline By Most in 10 Years as Traders Add Rate Bets Bloomberg / Lukanyo Mnyanda

Candidates Need An Economic Clue Forbes / Robert Lenzner

U.K. Producer Prices Rise at Fastest Pace Since 1986 Bloomberg / Brian Swint

Record crude prices take a breather, for now AP via Houston Chronicle

Federal Reserve and ECB can no longer save us from the consequences of our debt Telegraph / Ambrose Evans-Pritchard

Fed Feint on Rates Fails to Persuade Goldman, Lehman Bloomberg / Daniel Kruger

Geithner Calls for More Fed Authority to Prevent Future Crises Bloomberg / Scott Lanman

Exchange Traded Derivatives Rise 30% to $692 Trillion, BIS Says Bloomberg / Liz Capo McCormick

Treasuries May Rise on Speculation U.S. Home Resales Dropped Bloomberg / Yumi Teso

Wall Street Banks Land First Blow in Battle Over Clearing Swaps Bloomberg / Matthew Leising

The job market's big slump Christian Science Monitor / Ron Scherer

Had enough of high prices? Christian Science Monitor

Mortgages With No Money Down Still Available Washington Post / David S. Hilzenrath

Rural U.S. Takes Worst Hit as Gas Tops $4 Average NY Times / Clifford Krauss

Asian Stocks Tumble on U.S. Jobs Report, Crude Oil's Advance Bloomberg / Chen Shiyin and Chan Tien Hin

More Executives Leave Bear Stearns NY Times / Andrew Ross Sorkin

Tax havens in U.S. cross hairs Christian Science Monitor / David R. Francis

The Pentagon's Latest Recruits: Professors Washington Post / Stephen Barr

Dollar Advances Against Yen on Report Lehman to Raise Capital Bloomberg / Kosuke Goto and Stanley White

Inflation Is Biggest Threat to Global Economy, Executives Say Bloomberg / Sebastian Alison and Ellen Pinchuk

UK: Labour's economic toolbox is empty as the bad news will get worse Telegraph / Roger Bootle

UK: Willem Buiter urges Bank to raise interest rates Telegraph / Edmund Conway

South Korea's Household Debt Rose to a Record in First Quarter Bloomberg / William Sim



Would $150 oil choke off U.S. growth? Chicago Tribune / Gail MarksJarvis

How low can you go? The Economist

Stocks End Mostly Lower on Economic Worries AP via NY Sun / Madlen Read

Stimulating confusion Marketwatch / Andrea Coombes

Senate GOP blocks windfall taxes on Big Oil AP via Palm Beach Post / H. Josef Hebert

GM's low-cost hires raise quality issues Detroit News via Akron Beacon Journal / Sharon Terlep

Home buyers may save money Charlotte News and Observer / Dudley Price

Crushing debt load leaves borrowers in pain AP via Allentown Morning Call / Jeannine Aversa

Where is gold's wall of worry? Marketwatch / Mark Hulbert

Gold futures sink as dollar gains against the euro AP via Houston Chronicle / Stevenson Jacobs

Global Central Banks Halt Rate Cuts on Inflation Risk Bondheads / John Fraher and Greg Quinn

Can Banking Shake The Crisis? Forbes / Liz Moyer

Bad loans turn into game of hot potato Detroit News / Brian O'Connor

Bernanke's inflation focus boosts dollar Marketwatch / William L. Watts and Lisa Twaronite

Fisher says Fed will not countenance inflation Reuters / Lucia Mutikani

75 bps Fed hike seen by year-end Reuters

How Bernanke's Banker Rescue Spells Their Demise Bloomberg / Michael Lewis

Asset-Backed Market Depreciates in SEC `Scarlet Letter' Drive Bloomberg / Mark Pittman and Jesse Westbrook

Ambac, MBIA Finally Have Their `Peggy Lee Moment' Bloomberg / Joe Mysak

Tuesday’s Analysis / Marty Chenard

Stocks Mixed on Inflation Outlook / Mark Glassman

McCain takes tax fight to Obama Marketwatch / Robert Schroeder

Oil futures soar $3 to trade above $137 a barrel Marketwatch / Polya Lesova

The IBD/TIPP Economic Optimism Index Investors Business Daily

Small businesses struggle to outlast tough economy AP via Tennessean / Ramit Plushnick

MI: Area hiring to stay flat, report says Lansing State Journal / Kathryn Prater

Canada Unexpectedly Keeps Rate Unchanged on Inflation Bloomberg / Greg Quinn

Review and Preview Morgan Stanley / Ted Wieseman

Opening Remarks: Empirical Questions in Modeling Inflation and Understanding the Implications for Policy Federal Reserve Bank of Boston / Eric S. Rosengren

Bernanke Says Fed to Resist Price Expectations Surge Bloomberg / Craig Torres and Scott Lanman

The Double-Dip Supply Shock Morgan Stanley / Richard Berner and David Greenlaw

U.S. slowdown to be long, but no recession: survey Reuters

U.S. trade gaps widens in April to $60.9 billion Reuters / Doug Palmer

U.S. Corn Crop May Drop 10% as Rains Harm Yields, USDA Says Bloomberg / Alan Bjerga

Shanghai stock market drops 7.7% LA Times / Don Lee

What's Next For Lehman Forbes / Liz Moyer

Fed, Banks Agree on Credit-Swap Changes to Cut Risk of Collapse Bloomberg / Shannon D. Harrington and Oliver Biggadike

Fewer job postings ahead Marketwatch / Andrea Coombes

Derivatives Trading Is Scrutinized NY Times / Michael M. Grynbaum

Boiled in Oil Daily Standard / Irwin M. Stelzer

Worries Mount as Farmers Push for Big Harvest NY Times / David Streitfeld and Keith Bradsher

Economy is top priority for Obama, McCain, and voters Christian Science Monitor / Ariel Sabar

Treasury Dept. Rolling Out Social Security Debit Card Washington Post / Lori Montgomery

Stocks Are Steadier, but Analysts Are Cautious NY Times / Abha Bhattari

UK: Inflation shock leaves markets fearing three interest rate increases this year Telegraph / Edmund Conway

Treasuries Tumble After Bernanke Fans Speculation Rates to Rise Bloomberg / Wes Goodman

President Bush betrays fears over economy with strong dollar call London Times / Gerard Baker and Tom Baldwin

Oil Rises After Dropping $4 on Saudi Arabia's Call for Meeting Bloomberg / Margot Habiby and Mark Shenk

Saudi Arabia Calls for Summit on Energy Costs NY Times / Jad Mouawad

Dollar Rises Against Yen as Bernanke Sees Less Risk to Economy Bloomberg / Stanley White and Kosuke Goto

Australian Dollar Falls Most in 11 Weeks on Paulson Comments Bloomberg / Chris Young

N.Z. Dollar Falls to Three-Week Low After Paulson Comments Bloomberg / Tracy Withers

UK: Rise in factory gate costs set the scene for a summer of inflation London Times / Gary Duncan and Robin Pagnamenta

Japan Machinery Orders Rebound From Two-Month Decline Bloomberg / Jason Clenfield


Battered and bruised, but still bullish Marketwatch / Mark Hulbert

Dow stumbles 200 points to levels unseen since late March Marketwatch / Nick Godt

SIFMA’s Credit Rating Agency Task Force: SEC Credit Rating Agency Proposals Should Not Require Rating Modifiers Bond Buyer / Robert Francis

Nearly One-Third of Credit-Card Owners Hold High Balances Gallup Daily / Dennis Jacobe

Plenty in the tank The Economist

Crude Oil Jumps $5; Fed Says Firms Try To Pass On Costs Investors Business Daily / Scott Stoddard

Some who earn $200,000+ avoid paying income tax USA Today / Kevin McCoy

Can Bernanke Talk the Talk and Walk the Walk? Motley Fool / Kristin Graham

Canada Dollar Slump May Slow With Inflation Focus Bloomberg / Haris Anwar

Beige Book Federal Reserve Board

Lessons for Central Bankers from a Phillips Curve Framework Federal Reserve Board / Donald L. Kohn

Consumers pinched by high food, energy costs: Fed Reuters / Mark Felsenthal

Home price drop means $4 trillion in lost capital Reuters / Walden Siew

Oil shoots up to $136.38 on volatile trading day AP via Houston Chronicle

Fed's On Hold, Stocks Are In The Tank Forbes / Steve Schaefer

Anheuser-Busch Receives $46.3 Billion Bid From InBev Bloomberg / Duane D. Stanford

Want a Decent Yield on Cash Accounts? Head Abroad / Daren Fonda

Bond Investors Forecast Higher Yields as Inflation Accelerates Bloomberg / Lester Pimentel

Mortgage Applications Increase In Latest MBA Weekly Survey Mortgage Bankers Association

Oil futures rally as U.S. supply falls a fourth week Marketwatch / Myra P. Saefong

Oil may peak at $150-170 soon: Commerzbank Reuters

Oil prices soar after Energy Department report AP via Houston Chronicle / John Wilen

Stocks Under Pressure In Early Trade Investors Business Daily / Vincent Mao

Inflation fears may push gold back to $1,000/oz Reuters / Humeyra Pamuk

BP chairman rejects "apocalyptic" talk of $250 oil Reuters

Oil Rises on Forecasts That Report Will Show a U.S. Supply Drop Bloomberg / Mark Shenk

Market Mood Swings From `Om' to OMG! and Back Bloomberg / Caroline Baum

For this broker, foreclosures spell boom CNN / Tami Luhby

Wednesday’s Analysis / Marty Chenard

Staples to buy Corporate Express for $2.65 bln Reuters / Foo Yun Chee

Companies Stay Tight-Fisted Forbes / TrimTabs

Libor Overhaul May Fail to Restore Confidence in Rate Bloomberg / Gavin Finch and Ben Livesey

Lehman's Greatest Value Lies in Lessons Learned Bloomberg / Jonathan Weil

Canada: Inflation? New reports suggest otherwise Globe and Mail / Heather Scoffield

UK: Weaker British labor market confirmed Marketwatch / William L. Watts

Global Confidence Declines as Central Banks Signal Higher Rates Bloomberg / Joshua Gallu

New warning over French inflation BBC News

Risk management trumps reward-chasing in this stormy market Marketwatch / Todd Harrison

Investment-Grade Bond Yields Rise to Highest Since July 2002 Bloomberg / Bryan Keogh and Gabrielle Coppola

Auction-Rate Yields Fall to Two-Year Low, Refinancings Slow 64% Bloomberg / Michael McDonald

Treasuries Fall on Speculation Fed Report to Focus on Inflation Bloomberg / Wes Goodman

Health insurance falling short Christian Science Monitor / Alexandra Marks

Concerns on Economy Are Shifting to Inflation NY Times / Michael M. Grynbaum

McCain, Obama Clash on Economy Washington Post / Perry Bacon Jr.

Senate blocks Big Oil windfall profits tax bill Christian Science Monitor / Gail Russell Chaddock

Safeway Joins Rivals In Adding $4 Generic Prescription Drugs Washington Post / Ylan Q. Mui

Corn Jumps to Record as Heavy Rains Threaten U.S. Production Bloomberg / Jae Hur

Oil edges up to $132 in Asia on dollar weakness AP via Washington Post / Eileen Ng

As oil rises, Americans rediscover the railroad Reuters via Guardian / Jason Sze

UK: The economic disaster will get worse Telegraph / Edmund Conway

Canada Dollar Slump May Slow as Bank Turns Focus to Inflation Bloomberg / Haris Anwar

China's Shanghai Stock Index Falls Below 3,000, Extends Rout Bloomberg / Chua Kong Ho

Dollar Trades Near 3-Month High; Fed May Show Inflation Concern Bloomberg / Kosuke Goto and Stanley White

N.Z. Dollar Declines to 20-Week Low on Prospects of Rate Cuts Bloomberg / Tracy Withers

China's Producer-Price Inflation Accelerates to 8.2% Bloomberg / Nipa Piboontanasawat


Central bankers are talking tough. They may be talking themselves into trouble The Economist

Embrace Energy And Tech; Avoid Financials Forbes / Martin T. Sosnoff

Analyst paints rosy picture for S. Florida real estate agents South Florida Sun Sentinel / Paul Owers

UK: Credibility at stake The Economist

Moody's Set to Change Municipal Bond Rating Scale Bloomberg / Michael McDonald

Sharpened Fed rhetoric lays rate-hike groundwork Reuters / Mark Felsenthal

Yahoo reaches Google ad deal, Microsoft talks fail Reuters / Michele Gershberg and Anupreeta Das

Health insurance falling short for more people Marketwatch / Kristen Gerencher

Dallas-Fort Worth home foreclosures unusually high for July Dallas Morning News / Steve Brown

2007 subprime delinquencies up 10 pct in May: S&P Reuters

Today's high oil prices could be here to stay AP via Seattle Times / Emma Vandore

Treasury 10-Year Note Yields Rise to Year High on Retail Sales Bloomberg / Daniel Kruger and Anchalee Worrachate

Fed, ECB Credit-Crunch Markets Into Rate Panic Bloomberg / Mark Gilbert

This rally's for Wall Street CNN / Alexandra Twin

Hands off our Bud The Economist

Thornburg's Jumbo Loss Forbes / Ruthie Ackerman

Home improvement projects take hit with oil prices Newsday / Gary Dymski

Magellan Shows Peril of Active-Managed Stock Funds as Fees Bite Bloomberg / Sree Vidya Bhaktavatsalam

China Is Nowhere Close to Victory on Inflation Bloomberg / Andy Mukherjee

The longer arm of the law The Economist

The Return of the Hawks Morgan Stanley / Joachim Fels and Manoj Pradhan

Oil Spike Shocks ECB into Action Morgan Stanley / Eric Chaney, Elga Bartsch and Carlos E. Caceres

Tax hikes rare among states so far / Pamela M. Prah

May retail sales rise, helped by rebate checks Reuters / Joanne Morrison

House Fails To Extend Jobless Benefits Washington Post / Lori Montgomery

FL: Troubled borrowers sue mortgage lenders Miami Herald / Patrick Danner

Oil prices drop as dollar strengthens AP via Houston Chronicle / John Wilen

Fed's Plosser pushes for quick rate hikes Marketwatch / Greg Robb

Business inventories rise 0.5 percent in April AP via San Francisco Chronicle / Martin Crutsinger

U.S. Retail Sales Increase Twice as Much as Forecast Bloomberg / Bob Willis

Treasurys drop as retail sales top forecasts Marketwatch / Deborah Levine

Stocks pop in early trade CNN

Thursday’s Analysis / Marty Chenard

Gold tumbles as retail sales hike demand for dollar Marketwatch / Kate Gibson

A cold market for jumbo loans shows signs of a thaw LA Times / Walter Hamilton

Think of what Washington could do with $51B cache NY Post / John Crudele

Raising rates would be crazy, forecaster says Marketwatch / Rex Nutting

Sticker shock at the supermarket Christian Science Monitor / Patrik Jonsson

Treasuries Fall as Inflation Outlook Deters Demand Before Sale Bloomberg / Wes Goodman

CalPERS Mulls Doubling Credit Enhancement Bond Buyer / Rich Saskal

Bill to Extend Jobless Benefits Stalls in House NY Times / Carl Hulse

Corn Climbs to Record on Speculation U.S. May Cut Crop Estimate Bloomberg / Jae Hur

Commodity Prices Show No Letup NY Times / David Streitfeld and Jad Mouawad

Dollar Rises on Speculation Report to Show Retail Sales Gain Bloomberg / Stanley White and Kosuke Goto

Shanghai index drops below 3,000 Marketwatch / V. Phani Kumar

Asian Stocks Decline on Inflation Concern; Babcock Plunges Bloomberg / Chua Kong Ho and Ian C. Sayson

The economic disaster will get worse Telegraph / Edmund Conway

UK: Fears of widespread job losses grow as unemployed figures rise sharply London Times / Gráinne Gilmore

Euro could feel heat from Irish referendum Marketwatch / William L. Watts

Australian Employers Unexpectedly Cut Workers in May Bloomberg / Jacob Greber

BOK Holds Rate at Seven-Year High to Fight Inflation Bloomberg / William Sim

Global Confidence Wanes as Officials Prepare to Increase Rates Bloomberg / Joshua Gallu



Geithner Gets It Right Forbes / Robert Lenzner

Greenspan sees Fed getting tough on inflation Reuters / Chris Aspin and Jason Lange

Fed Talking Tough, But Analysts Doubt A Quick Rate Hike Investors Business Daily / Scott Stoddard

Two-Year Treasury Yield Rises Most Since 1982 on Fed, Inflation Bloomberg / Daniel Kruger and Sandra Hernandez

Munis' Weekly Decline Biggest Since February on Supply, Rates Bloomberg / Jeremy R. Cooke

Corporate Bond Yields Hit Six-Year High / Stephen Taub

MBIA Insurance Is Riskier Bet Than Parent, Swaps Show Bloomberg / Shannon D. Harrington

Wall Street ends turbulent week with sharp gains AP via South Florida Sun Sentinel / Tim Paradis

Bondholder Brew-haha? / Stephen Taub

America, The Unaffordable Forbes / Carl Gutierrez

Why does Steve Jobs look so thin? Fortune via CNN / Philip Elmer-DeWitt

Microsoft Offered to Invest $8 Billion in Yahoo Stock Bloomberg / Amy Thomson

Week 7 of stimulus: $7 billion sent out CNN / Catherine Clifford

The cost of the next barrel Globe and Mail / Shawn McCarthy

Crude dips on OPEC question, stronger dollar AP via Houston Chronicle

Fund titan’s makeover Boston Herald / Jay Fitzgerald

Market Has Irrational Expectations for the Fed Bloomberg / Caroline Baum

Fed, ECB Risk 1987 Rerun With Policy Drift Bloomberg / Michael R. Sesit

Barclays expects Fed to raise interest rates this fall Marketwatch / Deborah Levine

Moody’s May Align Municipal Debt Ratings With Corporate NY Times / Vikas Bajaj

Inflation getting 'uglier and uglier' CNN / Aaron Smith

U.S. Consumer Prices Rise 0.6% as Fuel Costs Climb Bloomberg / Shobhana Chandra

Hot May CPI Forbes / Carl Gutierrez

U.S. Michigan Consumer Sentiment Index Drops to 56.7 Bloomberg / Bob Willis and Steve Matthews

Friday’s Analysis / Marty Chenard

U.S. Stocks Advance as Oil Declines; UAL, AMR, Citigroup Gain Bloomberg / Eric Martin

Yahoo `Damaged Goods' After Yang Fails to Revive Deal Bloomberg / Crayton Harrison and Amy Thomson

73,000 homes lost to foreclosure in May CNN / Les Christie

At least somebody’s cleaning up in the foreclosure debacle Las Vegas Sun / Brendan Buhler

Foreclosures Rise 48% in May as Repossessions Double Bloomberg / Bob Ivry

Chicago-area's jumbo loan cap crimping home sales, agents say Chicago Tribune / Susan Chandler

Dollar strengthens on inflation data AP via Houston Chronicle

Gold futures tumble as U.S. dollar gains strength Marketwatch / Kate Gibson

Oil Rally Topped Dot-Com Craze in Speculators' Mania Bloomberg / Michael Patterson and Elizabeth Stanton

Oil slips to $135 after OPEC questions high price AP via Orlando Sentinel / Adam Schreck

Opec cuts oil demand forecasts for third time Robin Pagnamenta and Peter Stiff

Crude Oil Falls as Naimi Says Record Prices Are `Unjustified' Bloomberg / Mark Shenk

A Bull Market Sees the Worst in Speculators NY Times / Diana B. Henriques

Free-Trade Era May Be Nearing End Amid Food, Growth Concerns Bloomberg / Matthew Benja

BOJ Is Fake Hawk in Inflation Fight of Fed, ECB Bloomberg / William Pesek

Inflation in the Gulf Marketwatch / Raymond Beauchemin

Dollar Heads for Biggest Weekly Advance Since 2004 Before G-8 Bloomberg / Kosuke Goto


Potash: The new gold rush Globe and Mail / Cameron French

U.S. stock market heads into another volatile week Marketwatch / Kate Gibson

Employers pay price for dollar's weakness Houston Chronicle / Jenalia Moreno

Earnings: Technology still seen as bright spot Marketwatch / Laura Mandaro

The Government Wrecks the Economy Lew Rockwell / Llewellyn H. Rockwell, Jr.

Fed talks tough -- and hopes that's all it has to do La Times / Tom Petruno

Two-Year Notes Post Worst Weekly Loss Since 1982 on Inflation Bloomberg / Sandra Hernandez and Daniel Kruger

McCain will repeal the AMT. Wait, no ... CNN / Jeanne Sahadi

S&P 500 Retreats for a Second Week as Fed Signals Higher Rates Bloomberg / Michael Patterson

Hey Microsoft, How 'bout We Do That First Deal You Offered? Washington Post / Michael Arrington

Saudi oil chief to address reports of oil increase AP via San Francisco Chronicle

Oil closes below $135 after OPEC questions prices AP via Houston Chronicle / Adam Schreck

Midwest flooding poses threat to world prices AP via Baltimore Sun

Dollar Rises Most Since 2005 as Bernanke Cites Reduced Risk Bloomberg / Bo Nielsen

Lehman stems slide, stock jumps 14% NY Post / Kaja Whitehouse

It's a bargain-basement Father's Day this year Indianapolis Star / Dana Knight

Father’s Day: One less tie for Dad The State / Delawese Fulton

The worst may be behind for Wall Street - or not AP via Charlotte Observer / Eileen AJ Connelly

Inflation jumps by biggest amount in 6 months AP via Denver Post / Martin Crutsinger

Foreclosures: Have we hit bottom? AP via Contra Costa Times / Alan Zibel

NV: Trial to tell whether money was theirs, bank’s Las Vegas Sun / Jeff German

EU Faces Gridlock After Ireland Rejects Lisbon Treaty Bloomberg / James G. Neuger and Fergal O'Brien


Our Lousy Monetary Policy and Economic Commentary Brookes News via Safehaven / Gerard Jackson

Hammer Time For The Market Rempel Report via Safehaven / Bill Rempel

Hedge investors hunt for next blockbuster strategy Reuters / Laurence Fletcher

Drivers make run for the border to save on gas AP via MSNBC

Saudi oil output to rise in July BBC News

Weak or strong, the dollar still counts AP via Miami Herald / Tom Raum

A list of CEOs deposed during the credit crisis AP via Houston Chronicle

Vanguard Steps Up To The Plate Forbes / Michael Maiello

Inflation menace threatens Asia decoupling story Bloomberg / Craig Stephen

Bond Rate Debacle NY Post / Terry Keenan

Bubble alert! Bond Market Could Be Next Bubble To Burst NY Post / John Crudele

CO: Hard time to hang on Denver Post / Elizabeth Aguilera

Seattle-area economy: 4 real worries, and 4 less-worrisome issues Seattle Times / Jon Talton

CA: A couple of easy fixes and we'll take the bus to work LA Times / Tom Petruno

Housing Starts Probably Declined in May: U.S. Economy Preview Bloomberg / Courtney Schlisserman

Suburbia Housing Dilemma NY Post / Richard Wilner

Free and Flush, Russians Eager to Roam Abroad NY Times / Clifford J. Levy

Some Compare Oil-Price Surge to '90s Dot-Com Rally Bloomberg via Washington Post / Michael Patterson and Elizabeth Stanton

Housing, inflation getting worse, data to show Marketwatch / Rex Nutting

What's old is new again in buying Chicago Tribune / Marilyn Kennedy Melia

The Bubble Washington Post / Alec Klein and Zachary A. Goldfarb

Airlines facing shrinking pains as fuel prices surge Chicago Tribune / Julie Johnsson

How to Buy and Hold (and Sleep at Night) Marketwatch via Wall Street Journal / Andrea Coombes

Vanguard’s sticking investors with stinker growth fund Boston Herald / chuck Jaffe

Keeping Savings Safe From Inflation Wall Street Journal / Ian Salisbury

If banks could stop the bubbles forming, they wouldn't have to be so tough in bursting them Independent / Hamish McRae

Copycats clone company sites to scam customers Chicago Tribune / Joshua Boak

PA: Strong market lifts local railroad companies to record profits Pittsburgh Post Gazette / Ann Belser

Florida needs an economic exorcism St. Petersburg Times / Robert Trigaux

High oil prices are based on fundamentals not speculative bubbles Telegraph / Liam Halligan

Central banks turn their guns on inflation London Times / Irwin Stelzer

UK: Can we keep stagflation at bay this time? Guardian – Observer / Heather Stewart

UK: Fuel cost could close factories Guardian – Observer / Tim Webb

UK: Bank should not lift rates over oil London Times / David Smith

Two Bubbles, Two Paths NY Times / Alan S. Blinder

Data Flurries Tuesday, Then a Quiet Week Washington Post / Neil Irwin

The Perils of Staying Too Close to Home Marketwatch via NY Times / Mark Hulbert

Charging by the Byte to Curb Internet Traffic NY Times / Brian Stelter

G-8 Says Commodity Prices Replace Credit Squeeze as Major Risk Bloomberg / Simon Kennedy

Surging Oil and Food Prices Threaten the World Economy, Finance Ministers Warn NY Times / Martin Fackler

Swapland NY Times / Virginia Heffernan