Economy:
Bernanke says economy needs more time to heal – Reuters
Wal-Mart: Our shoppers are ‘running out of money’ – CNN Money
Economy in U.S. Grows Less-Than-Forecast 1.8% as Government Spending Drops – Bloomberg
The Destruction of Economic Facts – Bloomberg
Education in America – Unemployment by field of study – The Raba Review
Chart of the Day: How Much Americans Save vs Spend – The Atlantic
McDonalds Hires 62,000, Turns Away Over 938,000 Applicants For Minimum Wage, Part-Time Jobs – ZeroHedge
Markets:
Have You Ever Tried to Sell a Diamond? – The Atlantic
Whatever Happened To The Housing Recovery? – Outside the Beltway
China Focus: China’s yuan exceeds symbolic 6.50 ratio against USD for first time – XinhuaNews
Politics:
Be Careful Wishing for the Fed’s End – New York Times
The U.S. Debt Ceiling: A Historical Look – The Atlantic
10 States Where Pensions Are Running Out of Money – 24/7 Wall Street
Banks:
Lehman Pays Managers, Advisers $31.9 Million in March, SEC Filing Shows – Bloomberg