Reuters - Between chewing sauce-slathered ribs and corn on the cob, the neighbors and relatives of Wall Street's top prognosticators had one thing on their mind this past Memorial Day: gasoline prices.

Reuters - Former U.S. Federal Reserve Chairman Alan Greenspan said on Friday the Fed will have to tighten monetary policy to put a brake on inflation, adding that the worst of the credit crisis may have passed.

Reuters - When Yahoo Inc turned down the latest offer from Microsoft Corp this week, it walked away from $9 billion in cash and $1 billion a year in additional operating profit, Microsoft said on Friday.

AFP - Swiss bank UBS, dramatically hit by the US home-loan crisis, said on Friday it had "successfully" raised almost 16 billion Swiss francs (9.9 billion euros, 15.3 billion dollars) from shareholders through an issue of new stock.

Reuters - Shares of Yahoo dropped more than 8 percent on Thursday after the Wall Street Journal reported that negotiations between the Internet media company and Microsoft Corp ended without reaching a deal .

AFP - Spain's Economy Minister Pedro Solbes said Friday the country's once-buoyant economy was experiencing an "abrupt adjustment" but denied it was in "crisis."

Reuters - The weak U.S. dollar and oil speculators took centre stage as Group of Eight finance ministers gathered in Japan on Friday to grapple with surging inflation and a slowing global economy.

Reuters - Shares of Apple Inc fell for the third day in a row, possibly reflecting shareholder concerns about the shift in its iPhone strategy, although analysts continue to think the company will thrive.

Reuters - Soaring gasoline prices helped drive up U.S. consumer prices in May at the fastest rate in six months, the government said on Friday, but core prices remained tame, easing inflation fears in financial markets.

Reuters - Microsoft Corp offered Yahoo Inc $1 billion in cash to buy its search business in a deal that would have delivered $1 billion in additional annual operating income to Yahoo, a source familiar with Microsoft's thinking said on Friday.

AFP - The US Securities and Exchange Commission rolled out a series of proposals Wednesday aimed at overhauling the credit rating industry which has been criticized for worsening the global credit crunch.