The dismal jobs report is sure to sharpen a debate at the Federal Reserve about whether to take new actions to spur economic growth, but it likely doesn't settle it.
Auto makers on Friday reported a 26% rise in May U.S. sales of new cars and light trucks, shrugging off worries about the American economy despite further signs the recovery is slowing.
The Securities and Exchange Commission approved a long-awaited plan by U.S. stock exchanges to upgrade and broaden measures designed to guard markets against another "flash crash."
Google has begun notifying users in China when they use search terms that can trigger China's Internet blocks, in its boldest challenge in two years to Beijing's efforts to restrict online content.
General Motors said it aims to reduce its pension obligations by $26 billion by overhauling its U.S. pension plan for retired white-collar workers, cutting by nearly 20% the biggest drag on its balance sheet.
Fannie Mae and Freddie Mac will participate in a Nevada program that cuts loan balances for certain homeowners who are current on their mortgages and owe more than their houses are worth in what could be a model for other hard-hit states.
A protégé of former Goldman Sachs director Rajat Gupta took the stand in Mr. Gupta's insider-trading trial, but prosecutors were precluded from asking him some of their most potentially explosive questions.