i'm maria bartiromo. it's all about jobs. a closely watched sign of the health of the economy, the jobs report. what it says, what it means, and how it affects your investments and the market. >>> summer driving season is upon us. how high will gasoline go now? and how can america stop the addict to foreign oil? i'll talk to the man with the plan, boone pickens. >>> and what is cooking in the white house kitchen? my conversation with white house chef sam kass. why he has been named one of the most creative people in business today. "the wall street journal report" begins right now. >> this is america's number one financial news program, "the wall street journal report." now maria bartiromo. >> and i'll be back with all of that coming up. but first let's get to bill griffeth with a look at headlines and stories right now. bill, over to you. >> thanks, maria. >> here is a look at what is making news as we head into a new week on wall street. the economy continued to add jobs last month, but at a much slower pace than economists

now maria bartiromo. >> here is a look at what is making news as we head into a new week on wall street. federal reserve chairman ben bernanke gave his candid assessment of the economy. in a much anticipated speech to bankers in atlanta, he said economic growth is not where it should be, and that the tragic quake in japan and high gasoline prices are at least partly to blame. >> overall, the economic recovery appears to be continuing at a moderate pace, albeit at a rate that is uneven across sectors and frustratingly slow from the perspective of millions of unemployed and underemployed workers. >> those comments helped push the market down on tuesday. and by wednesday, the market had fallen for six straight days, the worst losing streak since last august. the markets bounced back on thursday, but they fell again on friday. saudi's oil minister called this week's opec meeting, quote, one of the worst meetings we ever had. the cartel was unable to reach an agreement on production and output quotas. but the minister said opec will meet the market's supply needs. opec countries supply about

now maria bartiromo. >> hi, i'm sue herera. maria will be along with the rest of the show in just a minute. but here is a look at what is making news as we head into a new week on wall street. angry protests in greece and new worries about a greek contagion helped push markets down around the world during the week. the demonstrations were against new austerity measures so the country can meet conditions for a new bailout. that sent shivers around the world on concerns greek bonds may need to be restructured. many european banks hold greek debt, and their exposure is making markets nervous. that helped push the dow down sharply on wednesday, after breaking a two-week slump earlier in the week. the markets rebounded later in the week. retail sales were down 0.2% last month, the first decline in nearly a year. but that was actually encouraging news because analysts had expected a greater decline. and shares of pandora went into a free fall, two days after its ipo. the internet radio company priced at $16 a share and has yet to turn