August 27, 2008

Daily News Digest

Category: Commodity News Digest – Paul Nowak – 9:21 am

Oil Rises Above $117 as Gustav Threatens Gulf - RealClearMarkets

Dollar on the Rise, For Now - Financial Times

Record Drop for Home Prices - RealClearMarkets

Credit Crunch Deeper and Wider - BusinessWeek

FDIC: 117 Troubled Banks - RealClearMarkets

Don’t Believe the Fed Hike Hype - TechTicker/Yahoo Finance

Durable Goods Post Strong Increases in June/July - AP/Yahoo Finance

Why Fannie & Freddie Will Survive - Wall Street Journal

Fannie, Freddie Mortgage Profit Rises with Debt Costs - Bloomberg

American Income Better Now Than 8 Years Ago - Investor’s Business Daily

Confusing Wealth and Income - Washington Times

If U.S. Sneezes, Will China Catch a Cold? - Times of London

Homeownership Isn’t For Everyone - Forbes

Responding to Energy Myths - New York Sun

Corn Falls for Fourth Day on Rainfall Forecasts - MarketWatch

Crude Rises on Storm Jitters, Drop in U.S. Supplies - MarketWatch

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