Saturday Morning News And Links

Active rigs: 187 (steady)

WSJ Links

Section D (Off Duty):

Section C (Review):

Section B (Business & Finance):

• Obama's higher airline fees. Cut up Connie Francis. The gap between the haves and have-nots widens.

Section A:

• Even donors to the GOP drew IRS scrutiny. 
• What sequester? DC booms as a new gilded age takes root. There is a reason The Great Gatsby was released during the Obama presidency. The gap between the haves and the have-nots continues to widen.
• Amelia Earhart's plane may have been discovered.
• Medicare is in better shape than pundits would have us believe. Don't worry, be happy. 
• New minimum wage in Spain had expected result.
• Euro-Zone jobless rate hits record.

The euro-zone economy showed further signs of deterioration as unemployment hit a fresh record and retail spending fell in the bloc's largest economies, offering little hope the region's longest postwar recession will end soon.

The unemployment rate across the euro zone rose to 12.2% in April, the highest rate since records began in 1995, in line with market expectations and up from 12.1% in March, European statistical agency Eurostat said Friday.

The number of unemployed rose 95,000 to 19.4 million, Eurostat said. Analysts expect that figure to top 20 million later this year.