3. June Biz minutes

According to the release of today in the United States hit another meeting for the recovery of the road, half a million jobs lost in the private sector in May and mortgage applications fell last week, as a function of interest rates rising. The reports show the dilemma of the Federal Reserve, the trillions of dollars pledged to keep the bottom of the market, the clock only shoot higher in recent weeks. Fed Chairman Bernanke warned today that the United States has been the increase of debt, a rise in long ratesPrices and said it was now time to start work on limiting the deficit. But he did not recognize any idea if the U.S. Federal Reserve should, their purchases of government debt and mortgage-backed securities at the rate of increase of employment. Luxury homebuilder Toll Brothers issued a more sweeping than quarter loss of 83 million U.S. dollars expected, but said he would not have given the potential profits are due to various uncertainties associated with its activities in context. CEO Robert Toll, said: "Although it seems cancellationsTo be flattening, we believe that concerns about job security and the economy continues to obstruct traffic and the conversion of liabilities arising from contracts, "Embattled insurer AIG is. Sale of its headquarters in New York and a building in a Agreement expected to end this summer. Sales of property are the latest move by AIG, which received 182.5 billion U.S. dollars in financial support to warehouse activities, the government bailout package. Sallie Mae CEO Albert Lord said Today repaid…

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