AFP - Wall Street opens the month of June with guarded optimism, as hopes mount that the worst of the economic storm is over and that the peak has passed for surging crude oil prices.
Reuters - U.S. technology shares rose on Friday
as strong results from computer maker Dell Inc
signaled that business and consumer spending was holding up,
driving the Nasdaq to end the month up 4.6 percent.
Reuters - Falling home prices continue to threaten
U.S. economic growth, and banks could face trouble from rising
delinquencies in consumer debt, Boston Federal Reserve
President Eric Rosengren said on Friday.
AP - Most of the 8,000 children found alone after China’s devastating earthquake have been reunited with their parents, Chinese officials said Friday.
Reuters - U.S. Treasury Secretary Henry Paulson
said on Friday he has some problems with the housing rescue
plan under consideration in the U.S. Senate, but will work to
craft a bill that President George W. Bush can sign.
AFP - German retail sales released Friday posted a surprise monthly fall in April, adding to evidence that rising prices are keeping consumers away from the shops.