World-News

China, wielding its huge dollar holdings, on Friday pressed Washington to tackle its huge fiscal deficit and said it would raise the issue of discrimination against Chinese investors at high-level talks next week.

http://www.reuters.com/article/2011/05/06/china-usa-trade-idUSL3E7G60IW20110506



Jobless Claims in U.S. Unexpectedly Jump

Applications for jobless benefits jumped by 43,000 to 474,000 in the week ended April 30, the most since August, Labor Department figures showed today.

http://www.bloomberg.com/news/2011-05-05/jobless-claims-in-u-s-unexpectedly-jump-due-to-special-factors.html



Fannie Mae seeks $8.5 billion from taxpayers

Mortgage finance giant Fannie Mae (FNMA.OB) on Friday said it would ask for an additional $8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.

http://www.reuters.com/article/2011/05/06/us-usa-treasury-fannie-mae-idUSTRE7456IJ20110506


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deficit
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Fannie+Mae
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=jobless
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=taxpayer

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