MOUNTAIN OF DEBT: Rising debt may be next crisis (AP)

The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It’s the national debt.

Kan. gov. likely to get OK for internal borrowing (AP)

Gov. Mark Parkinson appears unlikely to face much trouble persuading legislative leaders to allow a fresh round of internal borrowing so that Kansas can pay its bills on time in coming weeks.

Canada finance minister says unemployment to rise (AP)

Canada’s finance minister said Friday that the country’s economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun.

Oil falls below $66 after bleak U.S. jobs data (Reuters)

Oil dropped a dollar to below $66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month’s rally was overdone.

MOUNTAIN OF DEBT: Rising debt may be next crisis (AP)

The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It’s the national debt.

Oil hovers above $66 after weak jobs data (AP)

Oil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling.

Portfolio Planning: A Case Study (BusinessWeek)

Five advisers come up with a financial plan for a hypothetical baby boomer couple with kids in college, aging parents, and a decimated retirement account

Temecula Valley Bank and Joan Sparkman Receive the TVCC Volunteer Business of the Month for July 2009 (Business Wire)

TEMECULA, Calif.—-Temecula Valley Bank, the subsidiary of Temecula Valley Bancorp Inc. , receives recognition as the Volunteer Business of the Month for July 2009. Temecula Valley Chamber of Commerce recognizes Joan Sparkman, Senior Vice President Community Relations, and the Bank to show appreciation for the participation and support provided to the TVCC at the committee level.

Oil hovers above $66 after weak jobs data (AP)

Oil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling.

Repayment of UK mortgage debt accelerates in 1Q (AP)

U.K. homeowners paid down mortgage debt in the first quarter at the fastest rate in a year, shrinking the pool of money available for retail spending, the Bank of England said Friday.