Money Morning’s William Patalon III says comments by Ben Bernanke at the end of the week show he continues to prioritise economic growth over inflation. This means no rate hikes in the near future. But despite falling commodity prices, William says the threat of stagflation is growing…

eBay’s Copy Cat Move; Mortgage Applications at New Low; FDIC Extends Help to IndyMac Customers; Oil’s Wild Ride; Suntech Stock Shines; BJ’s Stock Slump; HP Beats Expectations; TVA Hikes Rates 20%

Editor’s Note: ETFs are revolutionizing financial markets, according to Money Morning’s Horacio Marquez. They allow investors to follow global trends without having to select individual stocks. They provide easy access to otherwise impossible-to-reach profit plays. And, by grouping stocks in a fund, they significantly reduce systematic risk in the market. For these reasons, Horacio says ETFs are the best way for investors to play today’s global trends…

When U.S. Department of Energy analysts told you more than a month ago that gasoline prices would peak at about $4 a gallon around Memorial Day, we told you they were wrong. Gas prices, we said, were destined to head much, much higher.

You can bet there will be a lot of discussion about interest rates this week, thanks to the release of the producer price index (PPI) report tomorrow (Tuesday) and the U.S. Federal Reserve meeting minutes on Wednesday.

HP Buys EDS; St. George Agrees to Westpac Takeover; UPS Fights Uphill Battle Against Gas Prices; Cameco Profit’s a “Cake” Walk; Petrobras Post 68% 1Q Profit; High Cost of Oil Dampens Demand; AIG Raises Capital; Yahoo Jumps on Possible Proxy Battle.

Cablevision Buys Newsday for $650 Million; Brazil to Start SWF, Cut Taxes by $12.8 Billion; Oil Surges Over $126; Chinese Inflation Nears a 12-Year High; XM Hit by 1Q Loss Despite Revenue Jump; BlackBerry Bold Revealed; EDS Buy-Out?; Clear Channel Looks to Settle.