Introducing: Financial Times

InstantReplay is adding another news source: London's Financial Times, whose august links will grace the pages of InstantReplay with briefly stated facts and commentary. FT gets rave reviews across the worldwide web, and its web page is simple and easy to navigate. Rather than link to the front page, InstantReplay will go straight to the World page, which is lighter on the financial data and heavier on the news.

The first bit of news that we'll bring over from FT is that the U.S. economy added 274,000 jobs in April, far exceeding expectations, and estimates for March and February have been revised upward by 97,000 jobs. This growth is an excellent sign for the economy, which had hit a "soft spot" in March, though economists now think the reason was simple: an early Easter break threw off seasonal adjustments.