Oil fell toward $66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness would sap energy demand further and that last month’s rally was overdone.

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

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.

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, 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.

World stocks fell on Friday after a disappointing U.S. jobs report and a sluggish euro zone services sector survey reinforced expectations that the process of recovery in the global economy would be long and slow.

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.

The economic downturn is allowing Malaysia’s leader to chip away at an affirmative action program for Malay Muslims that has been considered virtually untouchable in the past.

The Obama administration is moving cautiously on a new pilot program that would both detect and stop cyber attacks against government computers, while trying to ensure citizen privacy protections.