Breaking News: Michael Phelps wins record eighth gold medal

Date: Sat, 16 Aug 2008 22:13:44 -0500

Michael Phelps becomes the first athlete to earn eight gold medals
during a single Olympics after the United States wins the 4x100-meter
medley relay in Beijing.

Breaking News: Phelps ties Spitz with seventh gold medal

Date: Fri, 15 Aug 2008 21:18:22 -0500

Michael Phelps has tied Mark Spitz for most gold medals in one Olympics
after winning his seventh gold in a dramatic finish to the men's 100m
butterfly final in Beijing.

Tornado Warnings in New York and New Jersey...

Date: Fri, 15 Aug 2008 13:48:54 -0700
Tornado Warnings in New Jersey and New York....

The National Weather Service has issued a tornado warning for Passaic,
and Bergen counties in New Jersey and Rockland county in New York.

Tornado Warning for Westchester County...

Date: Fri, 15 Aug 2008 14:28:53 -0700
Tornado Warning for Westchester County...

The National Weather Service has issued a tornado warning for
Westchester County.

Markets Friday, 08/15/2008

Friday, 8/15/2008

| Dow : 11659.90 up 43.97

| S & P : 1298.20 up 5.27

| NASDAQ: 2452.52 down 1.15

| Bond (10Y): 3.84%, 101.28

MARKETS:
Stocks struggle as oil slides
The Dow and S&P manage slim gains, but the Nasdaq can't keep up, as
investors consider falling commodity prices and a stronger dollar.

U.S. stocks finish mostly higher as oil prices fall

Date: Fri, 15 Aug 2008 17:04:04 -0400
U.S. stocks finish mostly higher as oil prices fall

U.S. stocks end mostly higher, with the major indexes posting mixed
results for the week, as Ambac Financial Group Inc. and MBIA Inc. have
their credit ratings affirmed, while crude-oil futures finish lower.

MarketWatch First Take: Gasoline prices are key to consumer confidence

A month from now, we'll know if American consumers see the glass as half
full or half empty.

Futures Movers: Crude falls for second day as dollar rallies

Crude-oil futures close lower for a second session to tally a weekly
loss of more than 1%, as moves in the foreign-exchange market trigger
broad losses in dollar-denominated commodities.

MarketWatch First Take: The retail race is on for back to school

The overall outlook for back-to-school retail is looking a little shaky,
and lackluster forecasts from J.C. Penney Co. and Abercrombie & Fitch
Co. -- retailers who were expected to be winners -- just add to the
gloom.

Is the 'Google phone' coming soon?

The wireless world has been patiently awaiting the so-called "Google
phone" for more than a year, and reports this week suggest that such a
device could soon find its way to the market.

U.S. stocks finish Friday session mostly higher; Nasdaq dips but is up 1.6% on week

Date: Fri, 15 Aug 2008 16:10:37 -0400

U.S. stocks finish Friday session mostly higher; Nasdaq dips but is up
1.6% on week
8/15/2008 4:07:31 PM

Oil falls $1.24 to settle at $113.77 on global economic concerns and stronger dollar.

Date: Fri, 15 Aug 2008 14:57:03 -0400

Oil falls $1.24 to settle at $113.77 on global economic concerns and
stronger dollar.

Oil dips more than $3 a barrel, to below $112, on a stronger dollar and fears about the global economy.

Date: Fri, 15 Aug 2008 10:02:20 -0400

Oil dips more than $3 a barrel, to below $112, on a stronger dollar and
fears about the global economy.

Stocks open higher as oil prices continue their recent slide and the dollar rallies.

Date: Fri, 15 Aug 2008 09:32:21 -0400

Stocks open higher as oil prices continue their recent slide and the
dollar rallies.

U.S. factory output posts biggest gain in 10 months

Date: Fri, 15 Aug 2008 09:18:49 -0400

U.S. factory output posts biggest gain in 10 months
8/15/2008 9:16:11 AM

Breaking News: USA rakes in swim medals

Date: Thu, 14 Aug 2008 21:32:46 -0500

BEIJING - The United States took two golds and a silver medal in a
15-minute span at the 2008 Olympics. Rebecca Soni won the women's
200-meter breastroke, followed shortly thereafter by Ryan Lochte and
Aaron Peirsol's 1-2 finish in the men's 200-meter backstroke.

Breaking News: USA's Phelps earns 6th swimming gold

Date: Thu, 14 Aug 2008 21:53:42 -0500

BEIJING - U.S. swimmer Michael Phelps won the men's 200-meter individual
medley on Friday, in Beijing, to get his sixth gold medal of the 2008
Olympic Games. The victory keeps Phelps on pace to break Mark Spitz's
record of seven golds at a single Olympics.

Markets Thursday, 08/14/2008

Thursday, 8/14/2008

| Dow : 11615.93 up 82.97

| S & P : 1292.93 up 7.10

| NASDAQ: 2453.67 up 25.05

| Bond (10Y): 3.89%, 100.88

MARKETS:
Stock gains powered by lower oil
Wall Street off its highs, but remains positive as crude decline eases
some inflationary fears.

U.S. stocks close higher as data bypassed in favor of crude

Date: Thu, 14 Aug 2008 17:04:24 -0400

U.S. stocks close higher as data bypassed in favor of crude

U.S. stocks snap back after two days of losses, with the financial
sector fronting the gains, as investors brush aside negative economic
data and focus on recent dips in commodities' prices.

Former Apple general counsel settles backdating charges with SEC

SAN FRANCISCO
Nancy Heinen, the former general counsel of Apple Inc., reached a
settlement deal Thursday with the Securities and Exchange Commission
over charges related to the backdating of stock options at the consumer
electronics giant.

Auction-rate settlements lift mortgage and bond insurers

Shares of PMI Group Inc rose more than 50% Thursday lifting rivals in
the private mortgage insurance business and insurers of municipal bonds
and credit derivatives also rallied as the market reckoned that recent
settlements in the auction rate securities market would take pressure
off them.

U.S. stocks turn higher as oil resumes decline

Date: Thu, 14 Aug 2008 12:03:08 -0400

U.S. stocks turn higher as oil resumes decline

U.S. stocks climb for the first day in three, with the financial sector
fronting the gains, as investors brush aside negative economic data to
focus on recent dips in the price of commodities.

Economic Report: Consumer prices mark biggest on-year climb since 1991

U.S. consumer prices jump a greater-than-expected 0.8% in July, marked
by big increases in energy, food, clothing and cigarettes. On year, the
price index runs a 5.6% increase, the largest in 17 years.

Wal-Mart profit climbs 17%; company sounds caution

Wal-Mart Stores Inc. reports a 17% profit rise in second-quarter profit
and ups its annual earnings goal as bargain-hunting shoppers, hurt by
the rising cost of food and gasoline, flocked to the retailer's stores
known for their low prices.

British Air, American, Iberia seek approval for partnership

British Airways, American Airlines and Iberia say they will ask U.S. and
European regulators for permission to create a joint venture that would
see them cooperate on fares, routes and schedules across the Atlantic.
.

Asia Markets: Shanghai, Tokyo drop again; Hong Kong rebounds

Asian markets ended mixed Thursday after a volatile session, with
commodity stocks such as BHP Billiton and Cnooc soaring on a strong
rebound in crude-oil prices, while real estate shares broadly declined.

Dow industrials up 125 points -- more than 200 points off day's low

Date: Thu, 14 Aug 2008 11:24:19 -0400

Dow industrials up 125 points -- more than 200 points off day's low
8/14/2008 11:21:30 AM

Consumer prices surge more than expected, with 5.6% annual inflation rate highest since '91; weekly jobless claims slip to 450,000.

Date: Thu, 14 Aug 2008 08:33:03 -0400

Consumer prices surge more than expected, with 5.6% annual inflation
rate highest since '91; weekly jobless claims slip to 450,000.

Stocks open lower as inflation reaches a 17-year peak.

Date: Thu, 14 Aug 2008 09:32:21 -0400

Stocks open lower as inflation reaches a 17-year peak.

Home prices fall at 7.6% annual rate in second quarter as foreclosures pace decline, Realtors say.

Date: Thu, 14 Aug 2008 10:03:03 -0400

Home prices fall at 7.6% annual rate in second quarter as foreclosures
pace decline, Realtors say.

Markets Wednesday, 08/13/2008

Wednesday, 8/13/2008

| Dow : 11532.96 down 109.51

| S & P : 1285.83 down 3.76

| NASDAQ: 2428.62 down 1.99

| Bond (10Y): 3.93%, 100.50

MARKETS:
Stocks slide for second session
Blue chips lower as oil prices rise, financial issues get hammered.

U.S. stocks end lower, pressured by oil, financials

Date: Wed, 13 Aug 2008 17:03:56 -0400

U.S. stocks end lower, pressured by oil, financials

U.S. stocks end in the red, weighed down by a rebound in oil prices and
ongoing worries about the financial sector sparked by Merrill Lynch's
downgrades of several banks.

Economic Report: Retail sales hit by plunging auto sales

U.S. retail sales dropped 0.1% in July, as falling auto sales offset in
increase in gasoline sales sparked by higher prices, the Commerce
Department estimates.

Macy's, Liz Claiborne, Tween Brands lower outlooks

Department-store operator Macy's Inc. says second-quarter profit
declines 1.4%, hurt by restructuring costs and consumers cutting back on
discretionary purchases.

FundWatch: Fund manager survey shows global recession fears on rise

More fund managers now believe that the global economy will enter into
recession, according to Merrill Lynch's fund manager survey for August.

U.S. stocks drop sharply on weak retail data, earnings outlooks

Date: Wed, 13 Aug 2008 12:02:55 -0400

U.S. stocks drop sharply on weak retail data, earnings outlooks

U.S. stocks fall sharply, weighed down by weak retail sales, ongoing
worries about the financial sector and cautious earnings outlooks from
Deere & Co., Liz Claiborne and Macy's.

Economic Report: Retail sales hit by plunging auto sales

U.S. retail sales dropped 0.1% in July, as falling auto sales offset in
increase in gasoline sales sparked by higher prices, the Commerce
Department estimates.

Macy's cuts full-year outlook as quarter beats expectations

Department-store operator Macy's Inc. says second-quarter profit
declines 1.4%, hurt by restructuring costs and consumers cutting back on
discretionary purchases.

FundWatch: Fund manager survey shows global recession fears on rise

More fund managers now believe that the global economy will enter into
recession, according to Merrill Lynch's fund manager survey for August.

Breaking News: U.S. men smash world record in 800-meter freestyle relay

Date: Tue, 12 Aug 2008 22:36:45 -0500

Michael Phelps won his fifth gold medal of the 2008 Olympics, as he and
his teammates smashed the world record in the 800-meter freestyle relay.
It is Phelps' 11th career gold medal.

"Full-Blown Russian Invasion" In Georgia

Date: Wed, 13 Aug 2008 08:30:02 -0400
"Full-Blown Russian Invasion" In Georgia

President says: Russian Troops Ignoring Cease-Fire, Committing "Worst
Kind Of Atrocities"

Oil surges more than a dollar per barrel as weekly crude and gasoline supplies post surprise declines.

Date: Wed, 13 Aug 2008 10:38:02 -0400

Oil surges more than a dollar per barrel as weekly crude and gasoline
supplies post surprise declines.

Wall Street opens in the red. Dow, Nasdaq, S&P 500 all start lower as July retail sales drop and oil rises.

Date: Wed, 13 Aug 2008 09:32:21 -0400

Wall Street opens in the red. Dow, Nasdaq, S&P 500 all start lower as
July retail sales drop and oil rises.

U.S. retail sales off 0.1% for July, reflecting renewed weakness in autos

Date: Wed, 13 Aug 2008 08:34:47 -0400

U.S. retail sales off 0.1% for July, reflecting renewed weakness in
autos
8/13/2008 8:31:33 AM

Breaking News: Georgian president accepts cease-fire plan

Date: Tue, 12 Aug 2008 17:15:50 -0500

TBILISI, Georgia -- Georgia's president has agreed to a plan with Russia
brokered by France to end fighting in his country.

Markets Tuesday, 08/12/2008

Tuesday, 8/12/2008

| Dow : 11642.47 down 139.88

| S & P : 1289.59 down 15.73

| NASDAQ: 2430.61 down 9.34

| Bond (10Y): 3.90%, 100.78

MARKETS:
Stocks slump on bank woes
Wall Street retreats as investors eye the latest spate of financial
market problems.

U.S. stocks snap two-day winning streak, hit by financials

Date: Tue, 12 Aug 2008 17:04:07 -0400

U.S. stocks snap two-day winning streak, hit by financials

U.S. stocks tumble after two days of gains as the financial sector gets
hit by more evidence of ongoing credit-related trouble, with the damage
partially offset by crude's retreat to below $114 a barrel.

Oil ends lower for third session on demand deceleration

Crude-oil futures close at their lowest level in more than three months,
tallying a three-session loss of more than $7 per barrel on concerns
over a deceleration in global oil demand.

UBS reports further loss as wealthy clients withdraw money

Beleaguered Swiss bank reports a second-quarter loss of 358 million
francs ($331 million) and says it will restructure by separating its
investment banking and wealth management arms after nervous clients
withdrew more cash in the quarter.

Economic Report: U.S. trade deficit falls to $56.8 billion on record
exports

The U.S. trade gap narrows by 4.1% to $56.8 billion in June on record
exports and a decline in non-oil imports, according to the Commerce
Department's latest estimate.

Russia orders end to military operations in Georgia

Russian President Dmitry Medvedev orders an end to military operations
in Georgia, saying his country's actions have restored security for
civilians and peacekeepers in South Ossetia.

U.S. stock indexes battered by banks, brokerage shares; oil closes at three-month low

Date: Tue, 12 Aug 2008 16:10:12 -0400

U.S. stock indexes battered by banks, brokerage shares; oil closes at
three-month low
8/12/2008 4:07:20 PM

Stocks end lower as financial companies warn about the impact of the credit market, overshadowing relief over lower oil prices.

Date: Tue, 12 Aug 2008 16:01:08 -0400

Stocks end lower as financial companies warn about the impact of the
credit market, overshadowing relief over lower oil prices.

S&P financial-sector index falls 5.5%; Wachovia, Lehman lead slide

Date: Tue, 12 Aug 2008 15:27:51 -0400

S&P financial-sector index falls 5.5%; Wachovia, Lehman lead slide
8/12/2008 3:24:59 PM

U.S. trade gap narrows to $56.8 billion in June, well below estimates, as weak dollar boosts exports, Dow Jones reports.

Date: Tue, 12 Aug 2008 08:32:09 -0400

U.S. trade gap narrows to $56.8 billion in June, well below estimates,
as weak dollar boosts exports, Dow Jones reports.

Oil settles at 113.01a barrel, down $1.44 as softening demand outweighs supply disruption in Eastern Europe.

Date: Tue, 12 Aug 2008 14:52:04 -0400

Oil settles at 113.01a barrel, down $1.44 as softening demand outweighs
supply disruption in Eastern Europe.

U.S. stocks pare losses as oil turns lower

Date: Tue, 12 Aug 2008 12:03:05 -0400

U.S. stocks pare losses as oil turns lower

U.S. stocks move mostly lower for the first session in three as
investors worry over J.P. Morgan's $1.5 billion write-down of
mortgage-related assets, with the gloom only partially lifted as oil
retreats to below $113 a barrel.

UBS reports further loss as wealthy clients withdraw money

Beleaguered Swiss bank reports a second-quarter loss of 358 million
francs ($331 million) and says it will restructure by separating its
investment banking and wealth management arms after nervous clients
withdrew more cash in the quarter.

Morgan Stanley to buy back auction-rate securities

Morgan Stanley says it will offer to buy back up to $4.5 billion of
auction-rate securities from retail clients, following similar
announcements from rivals.

Economic Report: U.S. trade deficit falls to $56.8 billion on record
exports

The U.S. trade gap narrows by 4.1% to $56.8 billion in June on record
exports and a decline in non-oil imports, according to the Commerce
Department's latest estimate.

Russia ending military operations in Georgia

Russian President Dmitry Medvedev orders an end to military operations
in Georgia, saying his country's actions have restored security for
civilians and peacekeepers in South Ossetia.

U.S. stocks open lower Tuesday as investors mull higher oil prices and new writedowns in the banking sector.

Date: Tue, 12 Aug 2008 09:31:04 -0400

U.S. stocks open lower Tuesday as investors mull higher oil prices and
new writedowns in the banking sector.

Blue-chip stocks pace Tuesday retreat; Dow industrials down as much as 120 points

Date: Tue, 12 Aug 2008 10:49:00 -0400

Blue-chip stocks pace Tuesday retreat; Dow industrials down as much as
120 points
8/12/2008 10:45:43 AM

Breaking News: Phelps wins gold, sets world record

Date: Mon, 11 Aug 2008 21:25:46 -0500

BEIJING- U.S. swimmer Michael Phelps wins the 200M freestyle, setting a
new world record and winning his third gold medal of 2008 Olympic Games.

U.S. stocks close modestly higher after oil pares losses

Date: Mon, 11 Aug 2008 17:03:58 -0400
U.S. stocks close modestly higher after oil pares losses

U.S. stocks scale back their earlier gains, as crude comes off its lows
to close above $114 a barrel.

Futures Movers: Oil ends below $115 in tug of war with supply, demand
concerns

Crude-oil futures close below $115 a barrel in volatile trading after
touching their lowest level in more than three months.

Economic Report: Credit squeeze getting worse, banks say

The credit squeeze got worse in the past three months, the Federal
Reserve reports, and most banks expect to keep a lid on credit for the
next year at least.

Gold futures close at their lowest level of the year

Gold futures close at their lowest level of the year as a decline in oil
prices and strength in the dollar send the precious metal's prices down
by more than 4% an ounce in electronic trading.

Stocks close higher as oil prices continue their slide after Iran calls for renewed nuclear talks and China oil imports fall.

Date: Mon, 11 Aug 2008 16:04:04 -0400

Stocks close higher as oil prices continue their slide after Iran calls
for renewed nuclear talks and China oil imports fall.

Gold futures slide 4%, closing at lowest level of the year

Date: Mon, 11 Aug 2008 15:20:43 -0400

Gold futures slide 4%, closing at lowest level of the year
8/11/2008 3:17:56 PM

Oil settles at lowest level since May 1, dropping 75 cents to $114.45/barrel after Iran calls for renewed nuclear talks.

Date: Mon, 11 Aug 2008 14:53:04 -0400

Oil settles at lowest level since May 1, dropping 75 cents to
$114.45/barrel after Iran calls for renewed nuclear talks.

Dow industrials up 100 points

Date: Mon, 11 Aug 2008 13:31:35 -0400

Dow industrials up 100 points
8/11/2008 1:28:47 PM

Monday's biggest gaining and declining stocks

Date: Mon, 11 Aug 2008 12:03:13 -0400

Monday's biggest gaining and declining stocks

Among the companies whose shares are seeing active trade in Monday's
session are Republic Services, Qwest and Calpine.

Currencies: Dollar holds the line in wake of last week's rally

The dollar holds the line on last week's robust gains, and analysts say
the greenback may catch renewed strength if the price of crude oil can
continue to hold below $120 a barrel.

Paulson vows not to serve in next administration

Treasury Secretary Henry Paulson rules out serving in the next U.S.
administration, regardless of who wins the election, and says he has no
plans to give Freddie or Fannie any funds for now.

Verizon reaches deal with unions to avert strikes

Verizon Communications Inc said it's reached a deal with labor unions
representing 65,000 employees, averting a strike that could have
disrupted its operations in several states.

Europe Markets: European shares higher again as euro hovers around
$1.50

European shares rise again on Monday, with auto makers and aerospace
companies getting a lift as the euro hovers around the $1.50 mark.

Stocks open lower as the Russia-Georgia conflict casts a cloud on oil prices.

Date: Mon, 11 Aug 2008 09:32:05 -0400

Stocks open lower as the Russia-Georgia conflict casts a cloud on oil
prices.