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The 2009 Social Security and Medicare Trustees report released Tuesday showed the funds will be exhausted a couple of years sooner than expected. That's largely because high unemployment rates mean a lower level of payroll tax receipts being paid in to both programs. David Wessel of The Wall Street Journal talks with Steve Inskeep about the financial future of the programs.

The Labor Department reported Friday that the pace of layoffs slowed in April. Employers cut 539,000 jobs — the fewest in six months. However, the unemployment rate climbed to 8.9 percent.

The federal government has ordered some of the nation's largest banks to raise a total of $75 billion. The Treasury Department revealed the results of its so called "stress tests" to assess the health of the financial system. Bank of America, Wells Fargo, Citigroup and others will be required to raise more capital.

Dodgers slugger Manny Ramirez has been suspended for 50 games for violating baseball's drug policy. Major League Baseball has not given details of the substance involved, but Ramirez issued a statement saying a medication from a physician — not a steroid — was to blame.

In Washington, it was a crucial day of meetings between the leaders of the United States, Pakistan and Afghanistan. Afghan President Hamid Karzai and Pakistani President Asif Ali Zardari huddled first with Secretary of State Clinton and later with President Obama and made a number of key commitments.

The nation's 19 largest banks have gotten the final results from the government's stress tests. Some banks were told they need to raise more capital in order to be considered healthy. The results are scheduled to be released to the public Thursday.

The Boston Globe and its largest union say they plan to talk some more but negotiations have reached an impasse, largely over lifetime job guarantees. The 137-year-old newspaper says the guarantees have to end for it to survive. The Globe's owner, the New York Times Co., struck agreements with six of seven unions in an effort to cut $20 million in annual costs.

The swine flu virus has spread to at least 20 countries. Experts are now worried that pigs may start to get infected by humans with the virus. Top health officials are expecting a flu pandemic.

Legendary folk singer and activist Pete Seeger, who turns 90 years old today, leaves us with a few parting words.

Steve Loden, partner at the law firm of Diamond McCarthy who focuses on bankruptcy litigation, talks about how the Chrysler bankruptcy might work.