Host Rachel Martin talks to NPR's Mike Pesca about betting on the Belmont Stakes and boxing.

Home ownership has long been considered a key part of the American Dream. The dream has taken a beating in recent years, but polls show the desire to own remains extremely high. NPR's Chris Arnold discusses the state of home ownership and reviews the latest housing news with host Rachel Martin.

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RACHEL MARTIN, HOST:

Tomorrow night, President Barack Obama will appear at two glitzy fundraisers in New York. At his side will be former President Bill Clinton, both darlings of the Democrats and both in regular contact with Secretary of State Hillary Clinton. A natural partnership between two like-minded political giants, you might think - or is it?

Friday's disappointing jobs report added to worries the recovery is in trouble. Only 69,000 new jobs were added to payrolls, and the unemployment rate moved higher, to 8.2 percent. Suddenly there is more talk about the Fed and what it might do to get the economy moving again. NPR's Jim Zarroli reports.

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RACHEL MARTIN, HOST:

This is WEEKEND EDITION from NPR News. I'm Rachel Martin.

Disappointing. Dismal. Bleak. These are just a few of the words used to describe the latest employment report. It showed that the U.S. economy added just 69,000 jobs in May. That's less than half of what economists had expected. And this was the third consecutive month of weak results, which raises new concerns about the sputtering economic recovery.

The queen of England this year marks 60 years on the throne, and Buckingham Palace is coordinating a week of events, including a concert at the palace and a 1,000-boat flotilla along the River Thames. NPR's Philip Reeves reports.

On Tuesday, Wisconsin voters will decide whether Republican Scott Walker becomes just the third governor recalled from office in U.S. history. But as NPR's David Schaper reports, some now wonder whether the intensity of the left has been eclipsed by the resolve of the right.

Secretary of Defense Leon Panetta is on a week-long trip to Asia, with stops in Singapore, Vietnam and India. As NPR's Larry Abramson tells host Rachel Martin, Panetta's trip highlights the Pentagon's new strategic focus on China and the Pacific.

Sunday marks 50 years since what was then the world's deadliest airplane accident: a crash that claimed 130 lives outside Paris. The most devastated community was not in France, but in the United States.

It was the worst thing that ever happened to Milton Bevington. He witnessed the crash of the Boeing 707 at Orly Airport, with his wife and mother-in-law onboard.

"The plane went up about 6 feet and came back down and bounced around, zigzagged and finally broke in half," he said.