Little more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office. See full story.

Alaska Gov. Sarah Palin stepping down

Little more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office. See full story.

Bleak earnings season shines light on outlooks

U.S. stock analysts generally agree the upcoming second-quarter earnings season will be bleak. But they’re at odds over whether dreary outlooks will lead to upsets to the upside or whether the market has set itself up for a fall. See full story.

Utilities drag Europe lower; British Air climbs

European shares edged lower on Friday with U.S. equity markets closed for a holiday, with utilities and metals producers dragging lower. See full story.

Asia slips on U.S. jobs data, but off session lows

Most Asian markets close lower Friday after paring early losses. See full story.

MARKETWATCH COMMENTARY

Political columnist Darrell Delamaide looks at hypocrisy and corruption in politics...and says there must be consequences. See full story.

MARKETWATCH PERSONAL FINANCE

Think about when you fall in love: You feel great. You look at the world differently. You’re ready to take on any challenge. Wouldn’t you love to stay in that state forever? See full story.