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G8 Summit To Discus Greece's Troubled Economy

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.
NPR

Hewlett-Packard Set To Lay Off 30,000 People

Hewlett-Packard reportedly has decided on a restructuring that will eliminate 30,000 jobs worldwide. The company isn't expected to say anything publically until next week when it announces quarterly earnings.
NPR

Reports: Hewlett-Packard Plans To Announce About 25,000 Job Cuts

The company may cut about 8 percent of its workforce as part of a restructuring.
WAMU 88.5

The Census Bureau's American Community Survey

It's a wonky fight that could have real consequences in neighborhoods across the United States. We consider the purpose and future of the Census Bureau's American Community Survey.

NPR

Good News, Bad News: Japanese Economy Surges, But Likely Will Slow

The world's third-largest economy grew at a 4.1 percent annual rate in the third quarter. But the boost from rebuilding is expected to wane in coming quarters.
WAMU 88.5

Friday News Roundup - Domestic

Facebook begins trading this morning in one of history’s largest initial public offerings. President Obama meets with congressional leaders to seek common ground on the looming debt ceiling battle; Facebook makes one of history's largest public offerings with a valuation larger than McDonald's and Kraft Foods; the FBI launches a criminal investigation into the $3 billion trading loss at JP Morgan Chase; and minorities surpass whites in U.S. births for the first time. Michael Scherer of TIME magazine, Laura Meckler of The Wall Street Journal and John Harwood of CNBC and The New York Times join guest host Tom Gjelten for analysis of the week's top national news stories.

NPR

Jobless Claims Held Steady Last Week; Back To 4-Year Low

There were 370,000 first-time claims for unemployment insurance filed last week, the same number as during the week before. That could be a sign the labor market is stabilizing.
NPR

Fed: Sizeable Risk From Capitol Hill Gridlock

The Federal Reserve has unsealed the minutes of its Open Market Committee meeting in April. Fed officials warn that a failure to agree on a federal budget plan could mean businesses will delay hiring plans.

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