Quote of the Day

Emily Bronte
I cannot express it: but surely you and everybody have a notion that there is, or should be, an existence of yours beyond you.
Read More...(Source: Quote of the Day - Tue, 19 Aug 2008 05:00:00 GMT)

washingtonpost.com

Clueless about trading? Start networking online
NEW YORK -- Erin O'Brien and her friends are do-it-yourself investors.
Read More...(Source: - Tue, 19 Aug 2008 14:53:12 EDT)

Stocks fall on inflation data, financial worries
NEW YORK -- Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped by about 130 points.
Read More...(Source: - Tue, 19 Aug 2008 14:50:46 EDT)

Bank of Japan keeps key interest rate steady
TOKYO -- Japan's central bank chief said Tuesday he expects the world's second-largest economy to stay stagnant for the time being but denied it was headed toward the sort of deep slump that crippled the country in the 1990s.
Read More...(Source: - Tue, 19 Aug 2008 06:51:24 EDT)

Fannie, Freddie fall on renewed bailout fears
WASHINGTON -- Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality.
Read More...(Source: - Tue, 19 Aug 2008 05:04:46 EDT)

Wall Street pulls back as financials fall
NEW YORK -- Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the Dow Jones industrial average down more than 175 points.
Read More...(Source: - Tue, 19 Aug 2008 02:03:25 EDT)

News

Fort Hunt GIs Sent WWII POWs Care Packages
The secret packages were part of a highly classified effort to help American POWs escape from their German captors. Inside there were baseballs, pipes and cribbage boards that contained compasses, saws, escape maps and radio transmitters.
Read More...(Source: NPR Topics: News - Tue, 19 Aug 2008 18:38:00 -0400)

Obama Fires Back At McCain
A day after John McCain spoke to the group, Barack Obama addressed the Veterans of Foreign Wars convention in Orlando, Fla. He told McCain to stop questioning his patriotism and character, and he hit the Arizona senator on his support for Iraq and Pakistan.
Read More...(Source: NPR Topics: News - Tue, 19 Aug 2008 16:22:00 -0400)

U.S. To Build Missiles On Polish Soil
The U.S. and Polish governments have decided to fast-track a missile defense program. The tensions between Georgia and Russia sped the talks that brought about the move. We examine reactions by Russian and European leaders.
Read More...(Source: NPR Topics: News - Tue, 19 Aug 2008 13:00:00 -0400)

U.S. Cost Of Living On The Rise
The cost of living is growing at a rate unseen since the early nineties, according to a recent report by the U.S. Department of Labor. And wages aren't keeping up. William Spriggs, professor of Economics at Howard University, explains why the gap between earning and spending power is increasing by so much, and so fast.
Read More...(Source: NPR Topics: News - Tue, 19 Aug 2008 13:28:00 -0400)

Puerto Rican Residents Look Elsewhere For Opportunities
An increasing number of residents from Puerto Rico -– particularly those with middle class and professional backgrounds— are looking for work in Florida following an economic slowdown in Puerto Rico. Miami Herald reporter Frances Robles, who has been writing about the issue, is joined by marketing professional Xavier Vilaro to discuss the trend. Vilaro recently left Puerto Rico and is currently looking for work in Florida.
Read More...(Source: NPR Topics: News - Tue, 19 Aug 2008 12:00:00 -0400)