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Friday, June 6, 2008

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s Friday, Jun. 06, 2008

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TODAY'S TOP 5
Video 1 1. The Upside of Oil

Video 2 2. Dissecting the Jobs Report

Video 3 3. Airlines in Crisis

Video 4 4. Maria's Market Message

Video 5 5. Stop Trading, Listen to Cramer!

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Celebrity Home Foreclosures: Enough Of This Already

It seems like over the past few months, the media just can't get enough of showing celebrity estates in foreclosure. "Look! They're in trouble just like everybody else!" But Diana Olick blogs saying, no they are not like everybody else... Click here to read more.

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VIDEO OF THE WEEK

Oil, Markets & Economy: Discussing oil prices, the markets and the economy, with John Kilduff, of MF Global; Andrew Bush, of BMO Capital; and CNBC's Steve Liesman

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Tune In to CNBC Tomorrow!

THE NEW IPHONE: It's the talk of the town. The Apple Worldwide Developers Conference brings together engineers who created the company's latest innovations and new products. It's anticipated that the newest iPhone will be revealed at the conference, with Steve Jobs delivering the annual keynote address at 1p ET on Monday. Jim Goldman is live at the conference, with the newest products and improvements.

INVESTING IN DIABETES DRUGS: Mike Huckman is live from the American Diabetes Association Meeting in San Francisco, where market-moving diabetes studies and data will be released Monday morning. The first of which is new data on NovoNordisk, a once-a-day injectable diabetes drug from NVO which filed for FDA approval just two weeks ago. Diabetes afflicts millions of Americans and the market will pay close attention to the latest data on the potential blockbuster drug.

TEXAS INSTRUMENTS UPDATING THE MARKETS: Texas Instruments releases its mid-quarter update at 430p ET Monday, and tech watchers are monitoring the news and fear if the demand for wireless products weakens, it could sucker-punch the company's bottom line. Matt Nesto reports.

PENDING HOME SALES: The National Association of Realtors releases the latest Pending Home Sales numbers at 10a ET on Monday to a market riddled by continued foreclosures. Is good news on the horizon for the housing market? Diana Olick offers analysis and monitors the market's reaction.

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