Financial News 06/07/2012

• DOL: 377,000 jobless claims were filed the week ending 06/02/12
• CNN Money: North Dakota led states with '11 7.6% GDP growth

• Daily Finance: Too many investors don't diversify per financial adviser

• FRB: Beige book data indicates moderate U.S. economic growth

• WSJ: Fed Chairman Bernanke testifies before Congress today
• Reuters: OWS a bleep of discontent in American political coma
• CNBC: Less Wall Street elite at GS has implications for NYC

• BLS: Q1 labor output up 2.4% & costs rose 1.3% --more for less
• BI: Slowing Chinese economy evident in interest rate cut

• AP: Global food prices reached an 8-month low per U.N.

• BBC: German Chancellor redefines European integration

• NYT: Spanish economic trump card is the effect of its default