Wikinvest Wire

Thursday morning links

Thursday, June 04, 2009

US retailers report May sales declines - AP
Bernanke warns on deficits as interest rates rise - USA Today
Bank of England keeps interest rates at record low - Telegraph
European Central Banks Hold Rates Steady - NY Times
Meet the Men Who Are Being Handed the Keys - Wash. Post
Bernanke vs. Merkel: The Bailout Debate - NY Times
Plan to Help Banks Clear Their Books Is Halted - NY Times
Bankruptcy filings rise to 6,000 a day as job losses take toll - USA Today

Goldman Raises Year-End Crude Forecast to $85 - Bloomberg
Gold rises as dollar steadies, ETF eases from record - Reuters
Buffett Is Less Bullish on U.S. Than You Think - Bloomberg
The linkage between oil, gold prices in recession - Commodity Online
Fund Managers can become farmers: Jim Rogers - India Times
India exports 30 tons gold coins, scrap gold to Dubai - Commodity Online

U.S. jobless claims fell last week - Reuters
Productivity increases more than expected in 1Q - AP
Jobless rates rise in U.S. metro areas in April - CNBC
Economic data disappoint, indicate slow recovery - AP
Medical bills play a role in 62% of bankruptcies, study says - LA Times

UK house prices jump most in almost seven years - Telegraph
Russia Reduces Interest Rates to Boost Bank Lending - Bloomberg
Rise in Oil Price Eases Push for Reform in Russia - NY Times
Trichet Aim to Heal ECB Rift May Be Aided by Economy - Bloomberg
Japan Companies Cut Spending by Record; Profits Slump - Bloomberg
China to consume 40% of global gold production - Commodity Online
Iceland Lowers Key Interest Rate to 12%, Defying IMF - Bloomberg
Will the Hummer really fit in China? - LA Times

Pending Home Sales Rise for Third Straight Month - BusinessWeek
Mortgage Applications Slump, Housing Market Battles Back - Money Morning
Toll, Hovnanian Fall as Losses Exceed Projections - Bloomberg
Homebuilders tout signs of housing market thaw - AP

Fed May Step Up on Mortgages, Bank of America Says - Bloomberg
As Deficits Mount, Fed Chief Calls for a Path to Fiscal Balance - NY Times
Pianalto Says Low Consumer Spending to Slow Recovery - Bloomberg
Treasury prices ease - CNN/Money

Foreclosed homes could become hurricane shelters - AP
Where to put Guantanamo prisoners? Colorado - LA Times
Einstein's 'Spooky Physics' Gets More Entangled - LiveScience
For the 'funemployed,' unemployment is welcome - LA Times


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