OIL FUTURES: Crude Hits 6-Mo High On Econ Optimism, Dollar

By Lananh Nguyen LONDON (Dow Jones)–Crude oil futures rose to fresh six-month highs Wednesday in London as economic optimism and a lower dollar encouraged buyers.

WORLD FOREX: North Korea Threat Hits Yen, Dollar Mixed

By Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–North Korea’s threat to launch a military strike on the south is leaving the dollar mixed but the yen lower in Europe Wednesday.

Some Gulf economies to shrink as crisis hits-IMF

By Daliah Merzaban DUBAI, May 10 (Reuters) – The International Monetary Fund slashed its 2009 economic growth forecast for the Gulf region by more than half to 1.3 percent as the three largest oil-exporting economies, including Saudi Arabia, …

US Jobless Rate Hits 8.9%, but Pace of Losses Eases

Angelica Gomez, a bookkeeper who has been out of work for five months, left, gets information from the unemployment insurance phone bank at the Employment Development Department office in Sacramento, Calif.

Colorado’s jobless rate hits 7.5 percent in march

By CATHERINE TSAI , 04.17.09, 05:48 PM EDT Colorado’s unemployment rate jumped 0.3 percent to 7.5 percent in March, the highest rate in nearly 22 years, the state Department of Labor and Employment said Friday.

Venture Capital Investing Hits 11-Year Low In 1st Quarter

By Russ Garland Venture capital investment plunged 50% from a year ago, signaling what could be a fundamental shift in the industry’s size and direction.

Confidence in comfortable retirement hits record low

The percentage of American workers who are very confident about having enough money for a comfortable retirement is down to a record low of 13 percent, …