Top Items:
Christine Hauser / New York Times:
U.S. Adds 290,000 Jobs in April; Rate Rises to 9.9% — The American economy added an unexpectedly strong 290,000 jobs in April, while the unemployment rate rose to 9.9 percent, the government said Friday. — Analysts had expected a gain of about 190,000 in the month.
Discussion:
Matthew Yglesias, Economix, The Daily Dish, NewsBusters.org, TalkLeft, Michelle Malkin, Daily Kos, Guardian and New York Magazine
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Jeannine Aversa / Associated Press:
Jobs up 290,000; jobless rate rises to 9.9 pct. — WASHINGTON — More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as people streamed back into the market looking for work.
Discussion:
Politics Daily, The Caucus, The Moderate Voice, Scared Monkeys, The Hill, Clusterstock, DaTechguy's Blog and Hot Air
Catherine Rampell / Economix:
Comparing This Recession to Previous Ones: Job Changes — Horizontal axis shows months. Vertical axis shows the ratio of that month's nonfarm payrolls to the nonfarm payrolls at the start of recession. Note: Because employment is a lagging indicator, the dates for these employment trends …
Christina Romer / White House.gov Blog Feed:
The Employment Situation in April — Today's employment report shows the strongest signs yet of healing in the labor market, as private nonfarm payrolls expanded substantially. At the same time, the rise in the unemployment rate reminds us of how far we still have to go before the economy is fully recovered.
BBC:
Brown ‘respects’ Clegg-Tory talks — Gordon Brown has said he “respects” the right of the Lib Dems to talk to the Tories about forming a government. — But he said he was still PM and, if talks failed, would open negotiations with the Lib Dems, after the election resulted in a hung parliament.
Discussion:
New York Times, Guardian, msnbc.com, New York Magazine, Wonkette, Outside The Beltway, Online NewsHour, Politics Daily and Washington Post
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Mike Allen / The Politico:
Obama's Court pick is imminent — POTUS to seek line-item veto — Britain sorting out ‘hung parliament’ — Did Dow tank on ‘fat finger error’? — Palin + Facebook = Yahtzee — DRIVING NEXT WEEK — Look for President Obama to name his Supreme Court pick Monday, and look …
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Jackie Calmes / New York Times:
Obama to Seek More Power to Cut Spending From Bills — WASHINGTON — President Obama, in his latest effort to signal fiscal responsibility against the rising debt, plans this month to ask Congress to give him and future presidents greater power to try to delete individual items from spending bills.
The Huffington Post:
Senate Votes For Wall Street; Megabanks To Remain Behemoths — What's Your Reaction: … A move to break up major Wall Street banks failed Thursday night by a vote of 61 to 33. — Three Republicans, Richard Shelby of Alabama, Tom Coburn of Oklahoma and John Ensign of Nevada …
Discussion:
Crooks and Liars, Bloomberg, Move Your Money, Clusterstock, Politics Daily, The Nation, New York Magazine and Open Left
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David M. Herszenhorn / New York Times:
Senate Rejects Bid to Shrink Biggest U.S. Banks
Discussion:
Ezra Klein, Wall Street Journal, Associated Press, TPMDC, Washington Post, Firedoglake and The Huffington Post
New York Times:
High-Speed Trading Glitch Costs Investors Billions — The glitch that sent markets tumbling Thursday was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200. — The old system of floor traders matching buyers …
Discussion:
Democracy in America, Felix Salmon, New York Magazine, Mother Jones, Gothamist, Opinions You Should Have and DealBook
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New York Times:
Bill Targets Citizenship of Terrorists' Allies — WASHINGTON — Proposed legislation that would allow the government to revoke American citizenship from people suspected of allying themselves with terrorists set off a legal and political debate Thursday that scrambled some of the usual partisan lines on civil-liberties issues.
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Nicholas Wade / New York Times:
Signs of Neanderthals Mating With Humans — Neanderthals mated with some modern humans after all and left their imprint in the human genome, a team of biologists has reported in the first detailed analysis of the Neanderthal genetic sequence. — The biologists, led by Svante Paabo …
John Lyon / Arkansas News:
Poll: Lincoln leads Halter; Boozman leads both Democrats — LITTLE ROCK — A new poll commissioned by the Arkansas News Bureau/Stephens Media shows U.S. Sen. Blanche Lincoln, D-Ark., with a 12-point lead over Lt. Gov. Bill Halter, the chief Democratic challenger to Lincoln's re-election bid.
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Wall Street Journal:
Goldman, SEC Discuss Settlement — Sides Remain Far Apart as Criminal Probe, Deal Structure Pose Hurdles; Shareholder Meeting Today — Goldman Sachs Group Inc. lawyers met this week with representatives of the Securities and Exchange Commission in a first step toward a potential settlement …
Discussion:
Clusterstock, Deal Journal, Law Blog, DealBook, The Corner on National … and Balloon Juice
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Amanda Terkel / Think Progress:
The ‘Woodstock’ of Tea Parties planned for 9/11 anniversary. — Last year, the Tea Party movement gathered in Washington, DC for a widely publicized rally on Sept. 12. Fox News host Glenn Beck, the brains behind the march, implored people to attend by saying that they “may be the only thing that stands between freedom and slavery.”
Washington Post:
Oil riggers on ship that exploded in Gulf of Mexico describe fateful night — BELLE CHASSE, LA. — Before the explosion, the oil spill, the declarations of “environmental crisis” or the emergency visit by President Obama, 126 oil riggers were passing another quiet night on the Gulf of Mexico.
Discussion:
Balloon Juice
KCCI-TV:
KCCI POLL RESULTS - MAY 2010 — DES MOINES, Iowa — The Research 2000 Iowa Poll was conducted from May 3 through May 5, 2010. A total of 600 likely voters who vote regularly in state elections were interviewed statewide by telephone. — Those interviewed were selected by the random variation …
Capitol Ideas with John L. Micek:
New MC/Muhl Poll: Specter, Sestak Tied! — Looks Like Those Bush Ads Worked. — Snarlen and Joe Sestak are in a statistical dead heat in this morning's Morning Call/Muhlenberg College tracking poll. — The two Democrats are at 43 percent each in the poll of 410 likely primary voters, with 13 percent undecided.
Ben Geman / The Hill:
Lieberman: Offshore drilling in climate bill getting a ‘second look’ — Sen. Joe Lieberman (I-Conn.), a chief architect of the upcoming Senate climate and energy bill, said Thursday that offshore oil-and-gas drilling provisions in the measure are getting a “second look.”
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