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Tuesday, August 5, 2008

New Yorkers React to Airline Fees

As U.S. Airways announced they would stop awarding bonus miles, WSJ's Marshall Crook took to the streets to gauge people's reactions on what the airline industry is doing to offset the rising costs of oil. (Aug. 6)

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What the Fed Is Telling the Market

Strategist Doug Roberts of Channel Capital Research analyzes the Federal Reserve's concerns about inflation and weighs the likelihood of the central bank of raising interest rates. (Aug. 5)

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Coping With Food Allergies

Eating out can be a nightmare for those who suffer from food allergies. A new dining club offers members a safe place to nosh and helps educate restaurants and patrons on how to avoid health risks. (Aug. 6)

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Fed-Hike Risks Fade Amid Recession Signs

Barron's Online Editor Randall Forsyth discusses today's moves by the Fed. (Aug. 5)_

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Fed Underscores Economic Uncertainty

The Federal Reserve left interest rates unchange, but indicated growing concerns about the outlook for economic growth. WSJ's Sudeep Reddy discusses the Fed's decision amid the recent weakness in markets. (Aug. 5)

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GOPAC Chairman Michael Steele Speaks at the Texas Americans for Prosperity Summit




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Heritage in Focus- Concerns About Hugo Ch�vez

Venezuelan president Hugo Ch�vez raises these four concerns with the United States: 1) He provides support to the FARC, a group of Columbian guerillas. 2) He aids Iran and Hezbollah. 3) He hinders anti-drug efforts. 4) He opposes democratic go

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Auto Makers Shifting Gears

John Casesa, managing partner of Casesa Shapiro Group, talks with Kelsey Hubbard about the problems facing automakers as well as some of their plans to invest in India. (Aug. 5)

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Pap on Cavuto - VP Dream Teams



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Obama's Energy Plan

Senior economics writer Stephen Moore breaks it down. (Aug. 5)

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Heritage In Focus- The New EPA Regulations are a Bad Idea

The new EPA regulations are a bad idea for these two reasons: 1) They will be extremely expensive for individuals and businesses 2) There will be very few global environmental benefits, since developing countries such as China are incre

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German Sausage Hits Russia

A German chef has imported to Russia Berlin's contribution to world gastronomy, the currywurst. Moscow's exclusive Ritz Carlton hotel offers the dish, consisting of sliced pork sausage covered in a curry sauce. Video courtesy of Reuters. (Aug. 5)

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S. Koreans Rally as Bush Arrives

U.S. President George W. Bush arrives in South Korea for talks focused on communist North Korea, as a minor protest takes place. Video courtesy of Reuters. (Aug. 5)

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What's Ahead for the Fed

The oil-price decline is a good sign for the U.S. economy, but don't expect the Fed to change rates until well into 2009, says John Lonski, chief economist at Moody's Capital Markets. (Aug. 5)

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Tuesday's News Roundup

The Fed meets, but isn't expected to change rates. Meanwhile, Procter & Gamble's quarterly profit rises, and reports from Cisco Systems and News Corp. are on deck. Kelsey Hubbard reports. (Aug. 5)

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Ma & Pa Mercenaries



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Obama Shifts on Energy Issues

Presidential candidate Sen. Barack Obama proposes tapping the strategic oil reserves to help lower gas prices, a reversal of his earlier stance. Video courtesy of Reuters. (Aug. 5)

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Olympic Torch Tours China's Quake Region

The Olympic Torch tours the earthquake-hit province of Sichuan, providing a moment of joy after months of grief over the 70,000 killed in the quake. Video courtesy of Reuters. (Aug. 5)

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Actor Morgan Freeman Injured in Car Accident

Morgan Freeman's car careens off a highway in Mississippi, rolling over several times and trapping him for several hours. Freeman was taken to a Memphis, Tenn., hospital with injuries to his shoulder and arm. Video courtesy of Reuters. (Aug. 5)

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The Daily Left - August 5th



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Texas, Louisiana Readies for Edouard

Residents along the Texas and Louisiana coasts brace themselves for Tropical Storm Edouard, stocking up on supplies. Edouard is expected to produce at least five inches of rain in Louisiana and even more in Texas. Video courtesy of Fox News. (Aug. 5)

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Out of Iraq in One Year - How to Redeploy - by CAP

http://www.americanprogress.org/issues/security/iraq Dr Lawrence Korb, former assistant Secretary of CAP's military experts release a new report outlining how the United States can implement a logistically sound strategic redeployment from Iraq. Defense and Senior Fellow at the Center for American Progress, disputes the claim that US forces cannot withdraw from Iraq in under 2 years.

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