Financial News Update – 05/04/10

Stocks, Euro Retreat on European Debt Concern

Greek strikers challenge bailout deal

Protesters drape banners on Acropolis

Workers Shut Hospitals

Faber: China May ‘Crash’ in Next 9 to 12 Months

Federal Government Outpaces Private Sector in Job Creation

$12 cup of coffee comes to New York!

U.S. Airlines Made $7.8B From Extra Fees in ’09

Goldman Settlement Talks Imminent


The Congressional Research Service Doesn’t Know If ObamaCare Is Constitutional (Hat Tip: Brian B.)

Liberal boycotts to hurt Arizona hotels

Obama Must Restore New York’s Terror Fighting Funds [ Obama cut NY’s Funds !! ] (Hat Tip: Jean Stoner)

Feds offer $5b to shore up early retiree coverage

European VAT Tax Evasion No Selling Point


US inflation up 2% in March. I’ve already warned you: As the Treasury monetizes its way out of the recession, be ready for mass inflation, folks!

Euro Sales Extend as Morgan Stanley Mulls EU Breakup

Roubini Says Rising Sovereign Debt Leads to Defaults

Peak Everything?; Forget peak oil. What about peak lithium, peak neodymium, and peak phosphorus?

Bernanke is Getting Scared

Goldman’s Shares Plunge on Investigation, Downgrade

US “Middle Skills” Jobs Vanish

Greece Faces “Unprecedented” Cuts as $159 Billion Rescue Nears

German Anger Rises as Greek Bailout Triples

Stronger Economic Reports Pull Stocks Higher

Economic Outlook is Cautious Even with Spending Up

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