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  1. In this June 5, 2008 file photo, job seekers gather at the Los Angeles Mission for the 7th annual Employment and Training Collaborative of Hope Central Career Fair in Los Angeles. Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent, it was announced Thursday July 3, 2008. (AP Photo/Ric Francis)
    62,000 jobs lost, off nearly half-million for year AP - Thu Jul 3, 6:45 PM ET

    WASHINGTON - 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.

  2. A trader gestures in front of an electronic display board inside the Philippine stock exchange in the Makati financial district of Manila July 3, 2008. (John Javellana/Reuters)
    World stocks slip again Reuters - 29 minutes ago

    LONDON (Reuters) - World stocks slipped back towards this week's five-month low on Friday as steadying oil prices failed to erase concerns about slowing economic growth and rising inflation, and as banking stocks came under renewed pressure.

  3. In this Friday, June 13, 2008 file photo, tomatoes ripen on the vine in Hanover County, Va. Since a salmonella scare has caused many customers to shun what's normally a summer favorite, tomato farmers across the nation have had to plow under their fields and leave their crop to rot in packinghouses. (AP Photo/Steve Helber)
    Farmers say salmonella scare has hurt tomato sales AP - 2 hours, 29 minutes ago

    FRESNO, Calif. - Expect fewer slices of red, ripe tomatoes next to the grill this holiday weekend.

  4. Former Refco Chief Executive Phillip Bennett arrives for his sentencing hearing at Manhattan federal court in New York July 3, 2008. (Keith Bedford - UNITED STATES/Reuters)
    Former Refco CEO gets 16 years in prison Reuters - Thu Jul 3, 4:30 PM ET

    NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker.

  5. Florida Supreme court nixes Indian casino pact AP - Thu Jul 3, 3:09 PM ET

    TALLAHASSEE, Fla. - The Florida Supreme Court on Thursday overturned an agreement Gov. Charlie Crist signed with the Seminole Tribe to expand gambling at its casinos, saying the governor had no right to allow games that are illegal elsewhere in the state.

  6. The wife (obscured by umbrella) of Polaris Securities Co Chairman Wayne Pai kneels beside his body along a coast in Penghu July 4, 2008. (Penghu Coast Guard/Handout/Reuters)
    Body of Taiwan securities firm chief found in sea Reuters - Fri Jul 4, 2:38 AM ET

    TAIPEI (Reuters) - The embattled chairman of a major Taiwan securities firm was found dead in waters close to the island on Friday morning, the firm said, startling the financial community and sending the company's shares tumbling.

  7. A trader works on the floor of the New York Stock Exchange, June 26, 2008. (Brendan McDermid/Reuters)
    For stocks, escaping bear hinges on oil, GE Reuters - Thu Jul 3, 7:36 PM ET

    NEW YORK (Reuters) - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors.

  8. Sony PS3 Update Locks Consoles, Web Site Attacked NewsFactor - Thu Jul 3, 11:54 AM ET

    Sony is feeling some gaming-division woes this week with a double PlayStation 3 whammy. First, Sony's PlayStation Web site fell victim to SQL-injection attacks. Now Sony's PS3 firmware update is turning some consoles into bricks.

  9. Saudi Arabian Minister of Petroleum and Mineral Resources, Ali Naimi, speaks during a news conference at the World Petroleum Congress in Madrid, Thursday, July 3, 2008. Ali Naimi says OPEC's dominant producer had no immediate plans to boost crude output because there was no need to do so.(AP Photo/Daniel Ochoa de Olza)
    Oil heads past $145 for 1st time; pump cost up too AP - Thu Jul 3, 5:46 PM ET

    NEW YORK - Soaring fuel costs are taking some of the celebration out of this holiday weekend.

  10. Microsoft CEO Steve Ballmer speaks near Tel Aviv, May 21, 2008. (Gil Cohen Magen/Reuters)
    Microsoft, Yahoo mull media partner options: sources Reuters - Wed Jul 2, 11:01 PM ET

    SAN FRANCISCO/NEW YORK (Reuters) - Microsoft Corp and Yahoo Inc have been holding separate talks with other potential media partners after their negotiations with each other broke down, sources familiar with the companies' thinking said on Wednesday.

  11. In this June 4, 2008 file photo, Chrysler and Dodge vehicles are lined up at a Chrysler dealership in Portland, Ore. Analysts at JPMorgan painted a bleak picture for Detroit's automakers Thursday, July 2, 2008, suggesting General Motors Corp. might need to raise $10 billion, Ford Motor Co. could be forced to sell Volvo and Chrysler LLC may have few if any options by late next year. (AP Photo/Rick Bowmer, file)
    Chrysler looks at auto alliance with Chinese AP - 2 hours, 32 minutes ago

    BEIJING - Chrysler LLC, looking for foreign partnerships to help drive its business as U.S. sales slump, announced a deal with China's Great Wall Motor Co. on Friday to study sharing technology, components and distribution.

  12. Travelers line up at the American Airlines check in desk as they prepare to board flights Thursday, July 3, 2008 at Miami International Airport in Miami. (AP Photo/Wilfredo Lee)
    American Airlines workers brace for job cuts AP - 2 hours, 28 minutes ago

    DALLAS - Many more job cuts, likely totaling more than 6,000, are likely at American Airlines as the nation's largest airline hunkers down and tries to survive record high fuel costs.

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