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Downturn dating: Hearts flutter as markets stutter (AP)

AP - Credit the recession for "staycations" and bringing us more game-night parties at home. But also give it a shout for spurring more first dates.

Biden: `We misread how bad the economy was' (AP)

AP - Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.

Dollar discomfort thrust onstage for Italy summit (Reuters)

Reuters - World leaders are bound to express the hope that the worst of the global economic crisis is passing when they meet this week, but they are now under pressure, too, to manage a Chinese challenge to dollar supremacy.

Returning Asians to fill talent gap, boost innovation (Reuters)

Reuters - "Go East" is a message being heeded by many Asian professionals in the United States and Europe who see brighter job prospects in a region that is expected to outperform the rest of the world for economic growth.

Schwarzenegger signals key budget concession (Reuters)

Reuters - Governor Arnold Schwarzenegger, optimistic California can finish its budget negotiations in a few days, is willing to reconsider his proposed cuts to education in hopes of averting a cash crisis, the San Francisco Chronicle said on Saturday.

Small town America pins hopes on West trade route (AP)

AP - For Joe Kiely, the drone of thousands of trucks passing his Colorado plains town signals economic prosperity.

Cheap, easy dates for those hoping to get serious (AP)

AP - A date doesn't need to break the bank, especially as potential partners are increasingly likely to value substance over style during the recession.

ALL BUSINESS: Cash is king for investors (AP)

AP - That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.

Obama calls for reform in Independence Day address (AFP)

AFP - US President Barack Obama urged Americans, who celebrate Independence Day Saturday, to implement broad economic and social reforms, expressing confidence the country will be able to overcome the challenges it is facing.

Canada finance minister says unemployment to rise (AP)

AP - Canada's finance minister said Friday that the country's economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun.

Job seekers seek solace with fellow faithful (AP)

AP - Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby cubicles going off like grenades. Finally, a ring at her desk.

Dollar climbs after poor European retail sales (AFP)

AFP - The dollar climbed against the euro Friday after eurozone retail figures slipped back into a rut and as fresh worries about the health of the US economy supported the "safe-haven" greenback.

Oil prices drop further as 'rogue' trader probed (AFP)

AFP - Oil prices fell further on Friday, but losses were less severe than a day earlier when traders had sold heavily on fresh worries about the weakness of the US economy.

US clings to hopes for 2009 economic recovery (AFP)

AFP - Halfway through 2009, the US economy is still struggling in recession amid fragile hopes for recovery by the end of the year.

States set to ring in Independence Day sans budget (AP)

AP - Several states are facing the prospect of government shutdowns and program cuts as they enter the first weekend of the fiscal year and July Fourth holiday without a budget in place.

Obama sure of rebound despite job loss figures (AFP)

AFP - President Barack Obama said he was confident the US economy would recover, despite new data showing unemployment at a 26-year-high of 9.5 percent, which dampened hopes of a quick rebound.

Earnings to set tone for stocks in week ahead (Reuters)

Reuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.

Treasury seizes assets of extremist organization (AP)

AP - The Obama administration on Thursday authorized the seizure of assets belonging to an extremist organization in Iraq and an Iranian backer of insurgents, saying both are responsible for deadly attacks in Iraq.

Older job seekers struggle to overcome age barrier (AP)

AP - Like many unemployed older workers, 64-year old Allan Kellum fears his age has made it harder to find a new job. At a recent job fair, Kellum expressed interest in a supervisory role coordinating an international health assistance program. A recruiter set him straight: "The people applying for that are young."

Meltdown 101: Unemployment by the Numbers (AP)

AP - How bad is the current recession? Here's one measure: the United States now has fewer jobs than it did nine years ago, even though the work force � the number of people either working or looking for work � has grown by 12.5 million people since then.

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