Reuters - Stocks plunged on Friday, marking the Dow's worst day in 15 months, after the government said the May unemployment rate jumped the most in 22 years and oil prices shot to another record, renewing fears that the U.S. economy faces 1970s-style stagflation.

AP - Asked recently how the U.S. minivan market has been faring, Nissan's Dominique Thormann had a concise answer.

Reuters - Top energy officials from the world's biggest consumer nations meet on Saturday to discuss how to tackle surging oil, coal and natural gas prices that pose a growing threat to global economic growth.

AP - Oil prices made their biggest single-day leap ever Friday, dragging the Dow Jones industrials down nearly 400 points and raising the once-unthinkable prospect of $150 oil and more record gas prices by the Fourth of July.

AFP - US unemployment in May unexpectedly surged by the strongest increase in two decades, Labor Department data showed Friday, raising warning flags that the economy is headed in the wrong direction.

Reuters - Oil surged, the dollar weakened and government debt turned strongly higher on Friday after an unexpected jump in the U.S. unemployment rate rattled investors who believe the American economy was recovering.

AFP - The European single currency jumped close to 1.57 dollars on Friday as traders digested news that the US unemployment rate soared to 5.5 percent in May.

Reuters - The U.S. unemployment rate surged to 5.5 percent in May, its highest in more than 3-1/2 years, as the barely growing economy lost jobs for the fifth straight month.

AP - Asked recently how the U.S. minivan market has been faring, Nissan's Dominique Thormann had a concise answer.

Reuters - U.S. stocks slid on Friday on renewed fears the U.S. economy faces 1970s-style stagflation after government data showed the unemployment rate jumped the most in 22 years in May and the price of oil hit a record.

AP - The nation's unemployment rate jumped to 5.5 percent in May — the biggest monthly rise since 1986 — as nervous employers cut 49,000 jobs.

AP - Oil prices soared Thursday as the dollar swooned and prices at the pump edged to within a penny of $4 a gallon.