AP - For years, Chris Mauro took a 10-mile detour on his way to work each morning to check out the swells at his favorite surf break and plot the best location for his afterwork wave-riding.
AP - High gas prices may mean fewer families will be headed to the beach or the mountains this summer, but rising prices likely won't be keeping wealthy people from missing out on vacation.
The Christian Science Monitor - Members of Congress are used to working in an institution that gets no respect, but a recent plunge to the bottom of confidence ratings – and a week back home with constituents riled over gas prices – is raising alarms even on thick-skinned Capitol Hill. -- read full article
Reuters - The Group of Eight industrial
nations expressed strong concern on Tuesday about sky-high food
and oil prices, which they said posed risks for a global
economy under serious financial strain. -- read full article
Reuters - The Conference Board said on Monday
there was little reason to expect the U.S. labor market to
recover in the months ahead after its jobs index fell in June
to its lowest since late 2004. -- read full article
AP - For years, Chris Mauro took a 10-mile detour on his way to work each morning to check out the swells at his favorite surf break and plot the best location for his afterwork wave-riding.
AP - High gas prices may mean fewer families will be headed to the beach or the mountains this summer, but rising prices likely won't be keeping wealthy people from missing out on vacation.
Reuters - President George W. Bush said on
Sunday the American economy was not growing as quickly as he
would like and that his administration supported a strong
dollar policy.
Reuters - Hyundai Motor Co (005480.KS), South
Korea's top auto maker, said on Sunday it had cut its local
sales target for this year by 6 percent as record-breaking oil
prices are hitting consumer sentiment in Asia's fourth-largest
economy. -- read full article
Reuters - G8 leaders aim to present a united front
against global inflation, driven by soaring oil and food
prices, at a summit in Japan next week, but solving the problem
requires more than just a strong message from rich nations.
AP - The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future.
Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
