Bush meets world opinion in Rome amid Iraqi war debate
President Bush’s 36 hour Europe trip includes meetings with Italian leaders and the pope, as thousands of police guard Rome during antiwar protests. In Iraq, U N Security Council talks seek a more explicit path to sovereignty while multinational forces stay to prevent chaos and civil war.
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Auditors Probe Expenses at California Water Agency
The state auditor questioned numerous expenses at the nation’s largest urban water agency in a report, citing a $9 200 luncheon and a $75 000 donation to a foundation that was never spent. The Metropolitan Water District said it agreed with many recommendations.
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Markets rise as May jobs gain fuels recovery optimism
Investors bid stocks higher after a May payrolls report showing thousands of new jobs and a steady 5.6 percent unemployment rate. Oil fell, lifting mood, with the Dow up 63 points to 10,258.93 and the S&P 500 and Nasdaq advancing. Major traders framed the data as a Goldilocks outcome supporting a June Fed move and Iraq transition plans.
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