* The jobless rate climbed to 9.2 percent in the 16 Eurozone nations of the EU, the highest rate in a decade. In the U.S. unemployment has hit a 25-year high of 8.9 percent and Hong Kong unemployment hit a three-year high of 5.3 percent in April.
* Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the US economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health. In testimony to Congress, Bernanke sounded more confident that the U.S. recession would end this year than he had just one month ago, and he said the risk of a dangerous downward spiral in prices had receded.
* Silver tops gold and platinum to become the fastest-rising precious metal. Analysts say it may keep outperforming.
* Berkshire Hathaway Chairman Warren Buffett said Saturday that he sees some signs of stabilization in housing markets."In the last few months you've seen a real pickup in activity although at much lower prices," Buffett said, citing data from Berkshire's real estate brokerage business, which is one of the largest in the U.S.
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