World-News

The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the highest rates, according to data released Wednesday. Ohio was in the top 10.

http://snipurl.com/hyt35



April retail sales fall, raising recovery doubts

Retail sales fell for a second straight month in April, a disappointing performance that raised doubts about whether consumers were regaining their desire to shop. A rebound in consumer demand is a necessary ingredient for ending the recession.

http://www.msnbc.msn.com/id/30720373



State Tax Revenues Fall 12.6%

The decline was biggest in the Far West (-18.1%) and smallest in the Plains (-5.0%). Here are the states with the ten biggest and smallest declines in tax revenues.

http://taxprof.typepad.com/taxprof_blog/2009/05/state-tax-.html



Social Security, Medicare Finances Worsen

Social Security and Medicare are fading even faster under the weight of the recession, heading for insolvency years sooner than previously expected, the government warned Tuesday.

http://cbs2.com/national/social.security.insolvency.2.1007435.html


From Information Clearing House



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