Bondhead News Archive

July 16 – July 31


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Default Risk Decreases the Sooner Delinquent Borrowers Get Help Freddie Mac

Roths ready to roll Milwaukee Journal Sentinel / Avrum D. Lank

China unveils managed slowdown in growth FT / James Kynge

U.S. turns heat on Russia in WTO entry bid UPI / John Zarocostas

Iraq prepares to launch bond market BBC News / Kabir Chibber

CA: High-tech park is planned on the Calif.-Mexico border LA Times via Arizona Republic / Terril Yue Jones and Marla Dickerson

CA: Southern California inflation rate up Orange County Register / Jonathan Lansner

IL: Countrywide banks on CDs, savings offers Chicago Tribune / Mark Skertic

FL: $1.87: Is this the new normal? Orlando Sentinel / Sarah Hale Meitner

The long history of Riggs Washington Business Journal / Jeff Clabaugh

Russia: Yukos, Bank Woes May Boost Euro Moscow Times / Gertrude Chavez

Russia: Foreign, State Banks Cash In on Crisis Moscow Times / Guy Faulconbridge

UK: M&S bondholders count cost of approach FT / Ivar Simensen

Russia Plans First Eurobond Since '98 Bloomberg via Moscow Times

Italy names new economy minister BBC

It's Dell-ovely! CNN / Paul La Monica

Auditors made over $1 billion Dow Jones via Dallas Morning News

SC: State's economy shows slow improvement Spartanburg Herald-Journal / Amanda Ridley

Kerry Gains Lead in 3 States; National Polls Show Tie Bloomberg / Jesse Westbrook

Martha's Big House Buddies Forbes / David Simons

Oil prices at 6-week high, jump to $41.25 Reuters via Houston Chronicle

CA: Bay Area home prices hit new record Mercury News via Silicon Valley / Sue McAllister

Welcome to an era of financial incompetence Taipei Times / J. Bradford DeLong

Building a house is rising in price Knight Ridder via Akron Beacon Journal / Alan J. Heavens

CA: O.C. home prices slide in June Orange County Register / Hang Nguyen

NV: Boom in building continues Las Vegas Review Journal / Hubble Smith

CA: No use opposing offshoring San Francisco Chronicle / Carolyn Said

Over 60,000 walked out at DaimlerChrysler plants on 15 July Auto Industry News

Job Web site traffic jumps 30% Reuters via CNN

Kerry’s Economic Deficit National Review / Larry Kudlow

Available Now! Low-Cost Generic Stock Investments Bloomberg / Chet Currier

Hedge Funds March on D.C. NY Post / Jenny Anderson

Morgan Stanley Case: You Say You Want an Evolution? Bloomberg / Ann Woolner

Brazil's Real Gains to 10-Week High as Exports, Bond Sales Rise Bloomberg / Jeb Blount

Gold and Interest Rates Speculative Investor via Safehaven / Steve Saville

Making the Muni Market Less of a Tempting Target Bloomberg / Joe Mysak

So-so stock market isn't a cause for economic worry St. Louis Post Dispatch / David Nicklaus

Japan Merger Creates World's Largest Bank Washington Post / Akiko Kashiwagi and Peter S. Goodman

Fed seen on track for August move as CPI steadies Reuters / Victoria Thieberger

Using Enterprise-wide Risk Management to Effectively Execute Business Strategies Federal Reserve Board / Susan Schmidt Bies

PNC to Buy Riggs Bank for $779 Million Reuters

U.S. Treasuries Rise After Core Inflation Rate Slowed in June Bloomberg / Elizabeth Stanton

Fannie Mae won't sell benchmark notes in July Reuters

U.S. Treasury yields hit two-month lows on data Reuters

Dollar dips after warning by Fed official FT / Steve Johnson

CPI hints at tame inflation CNN

Strike at Mercedes adds to labor strife NY Times via IHT / Mark Landler

Base metals fall in London AAP via Sydney Morning Herald

China: Economy grows 9.7% in the first half of the year China Daily

California's new economic magnet Christian Science Monitor / Mark Sappenfield

More M3 Money Supply - When Indicators Fail Technical Take via Safehaven / Guy Lerner

Who says boring is bad? IHT / Floyd Norris

China's Economic Growth Unexpectedly Slowed to 9.6% Bloomberg / Philip Lagerkranser

UK: Chancellor 'is failing to match Thatcher' Telegraph / Edmund Conway

Mexico's cash cow: families in New York Christian Science Monitor / Monica Campbell


NY: Inflation increasing faster in New York City area Journal News

Eliminate Primary Elections Lew Rockwell / Charley Reese

The China Productivity Miracle Thoughts From The Frontline via Safehaven / John Mauldin

CEO's one-dollar salary belies his millions in dividends Houston Chronicle / Tom Fowler

Russian Oil Tycoon Ridicules Fraud, Tax-Evasion Charges Against Him LA Times / David Holley

Dollar Falls as Tame Inflation Suggests Moderate Rate Increases Bloomberg / Heather Bandur

KS: Freight hauling makes its U-turn Wichita Eagle / Phyliss Jacobs Griekspoor

OH: Machine shops hopeful Akron Beacon Journal / John Russell

MD: State jobless rate steady in June Boston Globe / Kimberly Blanton

Va.'s job growth outpaces rate in U.S. Roanoke Times / Duncan Adams

NC: Jobless rate in N.C. outpaces growth in jobs Charlotte Observer / Charles Lunan

Bank of Japan warned about interest rates FT / Barney Jopson

Ex-Invesco bosses depart Rocky Mountain News / James Paton

Earnings, Greenspan to set the tone CBS Market Watch / Ciara Linnane

U.S. Addiction to Foreign Oil Deepens Reuters / Timothy Gardener

OH: Counties cannot switch to e-vote AP via Akron Beacon Journal

Tough crowd CNN / Mark Gongloff

Views as varied as fudge recipes Dallas Fort Worth Star Telegram / Barry Shlachter

Lead products must go – now Philadelphia Inquirer / Jeff Gelles

Tequila deal goes down smoothly Houston Chronicle / Jenalia Moreno

France Faces Changes in Global Economy AP via Philadelphia Inquirer / Pamela Sampson

Brazil's economy stirring again after a deep sleep NY Times via IHT / Todd Benson

A Young American Outsources Himself to India NY Times / Amy Waldman

Japan: Spoiler threatens big bank merger Australian / Peter Alford

Buying a Broken Bank Washington Post / Griff Witte

Riggs sells 165-year history for $800m FT / James Politi

South Korean Won Has Weekly Decline; Indonesian Rupiah Advances Bloomberg / Christina Soon

UK: 15 years ... and what do you get Guardian / Charlotte Moore

Brazilians protest over recession BBC

Japanese Bonds Gain for Third Week in Four on Export Concerns Bloomberg / Chris Cooper



Inflation might not explode, but deflation is a possibility Dallas Morning News / Danielle DiMartino

Experts: Growth may ebb Dallas Morning News / Danielle DiMartino

China plans $1bn bond to ease fears FT / Francesco Guerrera and James Kynge

CA: Buyers turn to creative, risky financing for homes San Diego Union Tribune / Mike Freeman

Shanghai firms to work at night BBC News

Putting on an 'O-strip' show CBS Marketwatch / John Spence

Calculating catastrophe St. Paul Pioneer Press / Sheryl Jean

In presidential race, TV can't lose Chicago Tribune / James P. Miller

NV: Betting on a monopoly Las Vegas Review Journal / Rod Smith

China's Policy Makers Have Cases of Market Phobia Bloomberg / David DeRosa

Greenspan seen reassuring US Congress on prices Reuters / Glenn Somerville

Watching the Face of the Fed NY Times / Jonathan Fuerbringer

Korea Warned of Falling Into Japan-Like Recession Korea Times / Kim Yon-se

Korea: Economic Outlook for 2005 Poor Korea Times / Seo Jee-yeon

Disclosure? Or reform hijacked? Miami Herald / Harriet Johnson Brackey

Blind As a Banker Washington Post / Steven Pearlstein

All of America is dancing to the Wall Street Waffle San Francisco Chrocicle / Alan T. Saracevic

Mutual-fund scadal: month 10 Orange County Register

NY: Bond specialists invests in New York Journal News / Jay Loomis

May Stores and Merrill Led Borrowers of $13.7 Billion Last Week Bloomberg / Terence Flanagan

CPI beginning to fall from favor Dallas Morning News via Orange County Register / Angela Shah

Paltry Yields Head in the Right Direction Wall Street Journal via Denver Post / Andrew Blackman

Maybe stocks' summer doldrums aren't so bad Philadelphia Inquirer / Andrew Cassel

This Week Wall Street Journal via Denver Post

Treasury note rate may rise Oakland Tribune / Cliff Pletschet

Housing Starts Seen as Rising in June: U.S. Economy Preview Bloomberg / Vince Golle

UK: Eurofighter Project May Wind Down, Imperiling Thousands of Jobs Bloomberg / Matthew Fletcher

Why Dollar Worries May Be Just a Distortion LA Times / James Flanigan

Regulators overstep with mutual fund trustees Boston Globe / Beth Healy

Forget 'you get what you pay for' AP via Minneapolis Star Tribune / Meg Richards

Stew in stir: She'll run the place Denver Post / Al Lewis

`Floaters' of checks are sunk Akron Beacon Journal

DaimlerChrysler Bosses May Give Up Pay AP via Aberdeen News / Tony Czuczka

Rate Rise Could Bankrupt Debtors NY Post / Diane Hess

Is 'real' inflation higher than the CPI? Telegraph / Roger Bootle

A Growing Force of Nonworkers NY Times / Edmund L. Andrews

Why Venture Funds Don't Want Your Cash NY Times / Gary Rivlin

The Conglomerate Will See You Now NY Times / Reed Abelson and Milt Freudenheim

No Wonder C.E.O.'s Love Those Mergers NY Times / Gretchen Morgenson

Comapnaies Say Russia Worth The Risk NY Post / Mike Norman

Hourly Pay in U.S. Not Keeping Pace With Price Rises NY Times / Eduardo Porter

UK: Out of the frying pan and into the fire Guardian – Observer / Heather Connon

UK: Is Warren Buffett about to walk all over the London insurance market? Guardian / Nick Mathiason

Britain 'nearing full employment', says Item Guardian – Observer / Nick Mathiason



Newsday probe gets action NY Daily News / Paul D. Colford

TX: Hedge funds at home in Dallas Dallas Morning News / Bill Deener

U.S. franchises create $1.5 trillion Orange County Register / Jan Norman

Morgan Stanley's Roach: Fed Outlook and U.S. Job Market audio Bloomberg

Calif. Sees Record Power Use as Economy Recovers Reuters / Nigel Hunt

Earnings-Gap Pap National Review / John E. Tamny

CA: O.C.'s Reserve for Pension Payments Is $1 Billion Short LA Times / Jean O. Pasco

Texas Pushing Toll Road Projects, With Help From New Authorities Bond Buyer / Elizabeth Albanese

CA: Gov.'s Taunts Fail to Spur Budget Talks Bond Buyer / Rich Saskal

Manila ponders a sale of retail bonds Bloomberg via IHT

Bond market all ears for Greenspan CBS Marketwatch / Kate Gibson

Crude rises 39 cents to $41.64 a barrel Reuters via Houston Chronicle

U.S. mortgage rates unchanged Monday Reuters

FL: Actual S. Fla. temperatures much higher than weather service says Ft. Lauderdale Sun Sentinel / Joe Kollin

Repercussions of China's economic boom UPI / Christine Heath

Eurozone industrial output expands 3.9 per cent in May AFP via EU Business

Wachovia to sell $2.5 billion of notes UPI via Washington Times

Masters of the Universe, Leashed (for Now) NY Times / Patrick McGeehan

Allstate earnings up 75% in 2nd quarter Chicago Tribune

How a Meek Comic Book Company Became a Hollywood Superpower NY Times / Melanie Warner

1970's radio-frequency ID invention could eliminate use of bar codes Knight Ridder via Seattle Times / Dean Takahashi

Life after Greenspan UPI / Martin Hutchinson

Greenspan's victory lap CNN / Chris Isidore

Will Greenspan ease fears of a slowdown? CBS Marketwatch / Tomi Kilgore

Fed officials see U.S. inflation rise as temporary Reuters / Victoria Thieberger

Citigroup Tops J.P. Morgan in Latin America M&A, Debt Bloomberg / Andrew J. Barden

Credit Quality Continues to Improve / Stephen Taub

Treasuries flat ahead of Greenspan testimony FT / Jenny Wiggins and Päivi Munter

Emerging debt-Prices flat amid U.S. data drought Reuters

Dollar claws back against euro and pound FT / Neil Dennis

Brazilian Real Rises to 10-Week High on Interest-Rate Outlook Bloomberg / Romina Nicaretta

Bush Vows Probe of Riggs Money-Laundering Allegations Bloomberg / William McQuillen

The cartel isn't for ever The Economist

3M quarterly earnings hit record AP via Minneapolis Star Tribune

Greenspan Can Tell One of Two Tales to Congress Bloomberg / Caroline Baum

Who Moved Kraft's Cheese? Forbes / Dan Ackman

Bush, Kerry and the hard truth about jobs St. Petersburg Times / Robert Trigaux

Legg Mason approaches $300 billion in assets under management Washington Business Journal / Jeff Clabaugh

Canada: Lessons from RBC's 'perfect storm' Toronto Star / Erik Heinrich

SEC Hedge Fund Proposal Doesn't Go Far Enough Bloomberg / John Wasik

Yen Strengthens as Investors Move Money Into Japanese Equities Bloomberg / Mark Tannenbaum

Canada: Investors await central bank message CP via Toronto Star / Malcolm Morrison

Sumitomo, Gerling Plan European Bond Sales Amid Rising Yields Bloomberg / Jennifer Ryan

US Treasuries down but confident ahead of Greenspan Reuters

UK gilt prices fall in subdued trade FT / Päivi Munter

Dollar fall slows before Greenspan testimony FT / Neil Dennis

Where Bill Gross and `Mr. Yen' Agree on Debt Bloomberg / William Pesek Jr.

Morgan Stanley Strips Out of Its Skimpy Lawsuit Bloomberg / Michael Lewis

Kraft 2nd-Quarter Profits Down 26 Percent AP via Ft. Lauderdale Sun Sentinel

Canada: Foreign investors buy more CP via Globe and Mail

Second Mortgage NY Post / Erica Copulsky

Bankruptcy bill fades. Why it won't go away Christian Science Monitor / David R. Francis

It's Magic! via Safehaven / Gary Tanashian

Crude Oil Falls as U.S. Supplies Seen Sufficient to Meet Demand Bloomberg / Gavin Evans

Oil drought could be our saviour Guardian / Colin Hines

Dollar Near 4-Month Low; Greenspan May Signal Gradual Rate Rise Bloomberg / Taizo Hirose

Australian Dollar at 11-Week High as Extra Yield Lures Funds Bloomberg / Chris Young

Russia: Moody's, Morgan: Crisis Over Moscow Times

U.S. Treasury Notes Poised to End Longest Rally Since September Bloomberg / Vivianne C. Rodrigues

Dollar May Decline for Sixth Week Against Euro, Survey Shows Bloomberg / Mark Tannenbaum


States need fewer tax hikes to stay in the black / Pamela M. Prah

Monetary Policy and the Economic Outlook Federal Reserve Board

Economic and Financial Developments in 2004 Federal Reserve Board

Comment Letter on Municipal Real-Time Trade Reporting and Price Dissemination Bond Market Association

Hammers will keep pounding Dallas Morning News / Danielle DiMartino

Presidents And Prosperity Forbes / Dan Ackman

At Ford, credit is job one Globe and Mail / Mathew Ingram

Hedge funds fill a strategy gap FT / Alex Skorecki

1/64th Scale Safehaven / John Mackenzie

Fed's Greenspan Testifies: Policy, U.S. Economy, Inflation audio Bloomberg

Fed's Greenspan Testifies: Economy and Energy Prices audio Bloomberg

UT: Apartment vacancies coming down as home loans inch up Salt Lake Tribune / Lesley Mitchell

OH: Spending beyond means Akron Beacon Journal / Gloria Irwin

Mexican Peso Falls From 3-Week High on Yield-Advantage Concerns Bloomberg / Jennifer Coogan

Canada: Bank of Canada keeps target for the overnight rate at 2 per cent Bank of Canada

Google set to reveal its value AP via Oakland Tribune / Michael Liedtke

Rolling the big dice San Francisco Chronicle / George Raine

Advertisers Blast Paper NY Post / Holly M. Sanders and Laura Petrecca

A losing quarter US News / Paul J. Lim

A fund limits its growth San Francisco Chronicle / Kathleen Pender

Greenspan Gets It Right Daily Standard / Irwin Stelzer

Bush Pushes Congress To Extend Tax Cuts Washington Post / Jonathan Weisman

U.S. Treasuries flat, more from Greenspan awaited Reuters

Greenspan questions SEC push to tame hedge funds Reuters / Kevin Drawbaugh

CT: State Suffers Employment Reversal Hartford Courant / Michael Remez

TX: Home prices at all-time high Houston Chronicle / Nancy Sarnoff

Oil prices ease up but still near $41 a barrel Reuters via Houston Chronicle

Settlement strengthens Spam King Denver Post / Al Lewis

Greenspan Warns Inflation May Derail Rate Increases NY Times / Edmund L. Andrews

Greenspan comforts Wall St and Bush Telegraph / Simon English

Greenspan says US growth sustainable FT / Andrew Balls

Social Security's fate is crystal clear Dallas Morning News / Scott Burns

Being and nothingness The Economist

Treasury Notes Tumble After Greenspan Says Slump `Short-Lived' Bloomberg / Heather Bandur and Elizabeth Stanton

Agencies Issue Final Rule on Capital Requirements for Asset-Backed Commercial Paper Programs Federal Reserve Board

Monetary Policy Report to the Congress Federal Reserve Board / Alan Greenspan

Greenspan Sees Spending `Softness' as`Short-Lived' Bloomberg / Craig Torres

Greenspan: Smooth sailer CNN / Kathleen Hayes

Greenspan says US growth solid,inflation no threat Reuters / Glenn Somerville

Greenspan positive on US economy BBC News

Greenspan sounds bullish note CNN / Mark Gongloff

House votes to not force companies to expense stock AP via Newsday

Funds battled market timing Boston Globe / Andrew Caffrey

Sources say United close to new bankruptcy financing package AP via Philadelphia Inquirer / Dave Carpenter

Ten Ways To Fix The Airline Mess Forbes / Mark Tatge and Christopher Steiner

Microsoft Starts $30 Billion Buyback, Boosts Dividend Bloomberg / Dina Bass

Microsoft Plans $75 Billion Payout Reuters via ABC News / Reed Stevenson

Time to Ignore Political Conventions Bloomberg / Andrew Ferguson

Overstaying the welcome Boston Globe / Steven Syre

Another air show, another row The Economist

Bill Gates to give foundation $3 billion UPI via Washington Times

FL: S. Florida retailers hoping to cash in on sales tax holiday Ft. Lauderdale Sun Sentinel / Karen-Janine Cohen

UK mortgage lending rises sharply BBC News

Housing issues worst for those with lower incomes AP via Baltimore Sun / Genaro C. Armas

Fitch affirms US ratings but warns on deficits Reuters

US Treasuries ease, ever anxious before Greenspan Reuters

Canada: Bank leaves key rate at 2% CP via Toronto Star / Sandra Cordon

The `Greenspan Made Me Do It' Excuse Won't Cut It Bloomberg / Chet Currier

U.S. Companies Consider Going Private to Skirt Law Bloomberg / Lee Berton

Charles Schwab chief removed from board Reuters via FT

Wells Fargo Profit Rises 12 Percent Reuters

States to outsource more jobs Bloomberg via Detroit Free Press / Darrell Preston

Ford's 2nd-Qtr Net Triples to $1.2 Billion on Loans Bloomberg / Bill Koenig

Greenspan Expected to Say All's Well Reuters / Glenn Somerville

Next: Martha's book? Newsday / Pete Bowles

Minneapolis chief says policy keeps economy growing Minneapolis Star Tribune / Brian Blackstone

EU's Fischler Says WTO Accord Possible by End of This Month Bloomberg / Peter McGill and Jennifer Freedman

Dollar May Fall; Greenspan May Reiterate Measured Rate Rises Bloomberg / Taizo Hirose

Japanese Bonds Rise on Concern Higher Oil Costs May Cut Growth Bloomberg / Keiko Ujikane

U.S. Bank unit to tie fund to inflation rate Dow Jones via Minneapolis Star Tribune

The election that won't budge Christian Science Monitor / Liz Marlantes

India's Current Account Surplus Limits Growth Bloomberg / Andy Mukherjee

UK: Strategy targets £1 trillion debt pile Guardian / Phillip Inman

UK: House price rises at weakest since Iraq war Guardian / Larry Elliott


Christmas in July US News / Paul J. Lim

Jobs, income growth enable consumers Washington Post / Patrice Hill

WI: Home prices zoom as paychecks poke along Milwaukee Journal Sentinel / Michele Derus

Pimco's McCulley: Greenspan's Testimony, Fed Policy Outlook audio Bloomberg

WA: Holmes Harbor on Hold Bond Buyer / Lynn Hume

FL: Miami-Dade Wants Voters To OK $2.75B Bond Buyer / Shelly Sigo

British economy will grow at a pace of 3.3 per cent Gulf Daily News

S.Korea hit by crippling strikes UPI / Jong-Heon Lee

CO: State hits 18-month high for jobs Denver Post / Kelly Pate Dwyer

KS: Local economy keeps perking up Wichita Eagle / Dan Voorhis

United snags $1B in loans, buys time to reorganize USA Today / Marilyn Adams

Dis and Make Up NY Post / Tim Arango

Motorola Knocks Wind Out of Wall St. Washington Post / Jerry Knight

Cash isn't always king Globe and Mail / Mathew Ingram

WaMu faces big-time challenges Seattle Times / Drew DeSilver

Prescription-Drug Plan Falls Flat National Review / Bruce Bartlett

Be Prepared for Election Terror Lew Rockwell / Bob Murphy

A vote for the markets Orange County Register / Mary Ann Milbourn

Fed Boss: Marts Can Take Hike NY Post / Paul Tharp

Your flexible friend The Economist

Are "Jobless" Recoveries the New Norm? Federal Reserve Board / Roger W. Ferguson, Jr.

Greenspan: Bush Tax Cuts Helped Economy AP via Newsday / Martin Crutsinger

Fed will contain inflation, McTeer says Reuters / Jon Herskovitz

Greenspan urges passage of some bankruptcy reforms Reuters

Greenspan Says Rates Could Rise Quickly NY Times / Edmund L. Andrews

Fed chief: Companies too cautious about spending USA Today / Sue Kirchhoff

Dollar pushes higher on Greenspan testimony FT / Steve Johnson

Greenspan-foreigners still willing to hold US debt Reuters

Autos widen as oil prices rise Reuters

Crude rises 14 cents to $40.58 a barrel Reuters via Houston Chronicle

Nasdaq slumps to year low CBS Marketwatch via USA Today / Mark Cotton

Giving $75 billion back, with plenty to spare The Economist

Small change CBS Market Watch / John Spence

12,000 jobs to be cut in Bank One merger AP via Chicago Tribune

Washington Mutual's 2nd-Quarter Profit Tumbles 51% Bloomberg / Justin Baer

EBay Net More Than Doubles; Shares Fall on Forecast Bloomberg / Greg Wiles

Spitzer Strikes Again Forbes / Emily Lambert

Greenspan - job growth hindered by productivity Reuters

Economy strong, Greenspan repeats CBS Marketwatch / Gregory Robb & Rex Nutting

With jobs, more isn't always better Philadelphia Inquirer / Andrew Cassel

SC: Ex-chief of Carolina Investors is charged with 22 counts of securities fraud The State / Ben Werner

No easy fix for troubled company San Francisco Chronicle / Kathleen Pender

Kodak's profit surge beats forecast Toronto Star / Ben Dobbin

Bill Gates Is A Genius And You're Not Forbes / Dan Ackman

Microsoft billions find a home BBC News / Tim Fawcett

CA: He's Going to Pump--Them Up Daily Standard / Bill Whalen

Brazil's Real Has Biggest Drop in Seven Weeks on Rates Concern Bloomberg / Romina Nicaretta

China's car owners get crash course in driving Philadelphia Inquirer / Tim Johnson

UK: Bank unanimous on rates decision Guardian / Mark Tran

Sideways market is hard on hedge funds, easy on the stomach St. Louis Post Dispatch / David Nicklaus

Bank of NY profit jumps, helped by stock-market upturn Dow Jones and AP via San Francisco Chronicle

Wells Fargo, U.S. Bancorp basking in big profits Minneapolis Star Tribune / Chris Serres

Economists See Recovery Favoring The Wealthy Wall Street Journal via Hartford Courant / Jon E. Hilsenrath and Sholnn Freeman

Greenspan gives midyear review AP via Seattle Post Intelligencer / Martin Crutsinger

Greenspan cites concern over wage gap Chicago Tribune via St Louis Post Dispatch / William Neikirk

Illinois Does the Right Thing. California Does Not Bloomberg / Joe Mysak

US Treasuries pressured by rate outlook, equities Reuters / Ellen French

Greenspan sticks to script before House panel Reuters

The U.S. Economy: Back on Course Federal Reserve Bank of Philadelphia / Anthony M. Santomero

U.S. economy has ample momentum - Fed's Santomero Reuters

Fed's Inflation Optimism Buoys `Measured' Steps Bloomberg / John M. Berry

The Mystery of Central Banking Ludwig von Mises Institute / Robert P. Murphy

Greenspan's Clear on Risks, Garbled on Inflation Bloomberg / Caroline Baum

CA: Home sales set red-hot pace Sacramento Bee / Jon Ortiz

DreamWorks IPO expected to raise $650m FT / Jonathan Loades-Carter and Christopher Parkes

Ericsson says confidence returned to telecoms FT / Nicholas George

J.P. Morgan Has $548 Mln 2nd-Qtr Loss on Legal Costs Bloomberg / Justin Baer

Dollar pushes higher on Greenspan testimony FT / Steve Johnson

Bank of England Policy Makers Signal Rates to Rise Bloomberg / Julia Kollewe

Japan Doubles Fiscal 2004 Economic Growth Forecast to 3.5% Bloomberg

Is Korea Facing a Japan-Like Lost Decade? Bloomberg / William Pesek Jr.

Steady As Greenspan Goes Business Week / Michael Wallace

U.S. Notes May Fall on Rate Speculation After Greenspan Speech Bloomberg / Shamim Adam

Economy in 'Soft Patch,' Greenspan Tells Panel Washington Post / Nell Henderson

UK: Brown's borrowing ahead of forecasts The Scotsman

East Germany Swallows Billions, and Still Stagnates NY Times / Mark Landler

Russia: Ministry prepares to break up Yukos Guardian / Terry Macalister

Russia: Yukos Production Unit to Be Sold Moscow Times / Valeria Korchagina



The Penny Still Shines In Some Eyes Pittsburgh Tribune Review / Jack Markowitz

A Screed on Need and Greed Ludwig von Mises Institute / Gary Galles

Is the U.S. Consumer a “Weak Link”? National Review / David Malpass

Mr. Softee, Meet Ma Bell The Slate / Daniel Gross

Canada: Monetary Policy Report Update Bank of Canada

Our 'Boomer' Problem? Lew Rockwell / Steven LaTulippe

John Kerry: 'George Bush Lite' on Iraq Lew Rockwell / Chris Farrell

Fixed mortgage rates slide Inman News

Midyear Economic & Market Review: More Disappointments Ahead? Gillespie Research via Safehaven / Douglas R. Gillespie

From the Horse's Mouth Prudent Bear via Safehaven / Chad Hudson

ACA Announces Capital Infusion Bond Buyer / Helen Chang

New Jersey Court Hears Bond Battle Bond Buyer / Jill D'Ambrosio

LeapFrog hands skeptics rise in sales Oakland Tribune / Nicholas Yulico

NV: Imported water fills fountains Las Vegas Review Journal / Henry Brean

The Maestro Speaks via Safehaven / Brady Willett

Calpers to tone down hardline tactics FT / Sundeep Tucker

Wonder where this all leads? Dallas Morning News / Danielle DiMartino

Don’t Ask Greenspan for Advice on What Mortgage to Get NY Post / John Crudele

U.S. Congress Approves $416 Bln Defense Bill for Fiscal 2005 Bloomberg / Tony Capaccio

CO: Dex stock may have sold at $19 a share Rocky Mountain News / Jeff Smith

Betting on Shrek Boston Globe / Steven Syre

US pushes digital medical records Reuters w/ Liz Kowalczyk of Boston Globe

CA: Get set for the surge in demand San Francisco Chronicle / David R. Baker

Treasury may introduce 20-year inflation-linked bond to fund deficit Bloomberg via Orange County Register / Vivianne C. Rodriguez

Disgraced Analysts Blodget Warns of Wall St. Tricks NY Post / Paul Tharp

UK: Toys, Televisions Innocent of U.K. Inflation Sins Bloomberg / Mark Gilbert

Piper profits stall St. Paul Pioneer Press Tim Huber Posts 2nd-Qtr Profit; Sales Miss Estimates Bloomberg / Greg Wiles

The $32 Billion With a Bonus in Tax Breaks NY Times / Floyd Norris

Canada: Governments must keep focus on fiscal balance to support economy: Dodge CP via National Post

UK: Sterling up on buoyant retail sales FT / Steve Johnson

UK: IMF backs Brown's reasoning on euro Scotsman

The Gap Daily Standard / Hugh Hewitt

OPEC 'committed' to curbing crude prices AP via Fresno Bee / Susanna Loof

Scrap steel price alarms St. Paul Pioneer Press / Jennifer Bjorhus

An eerie calm The Economist

Mexico: Pemex Sells 850 Million Euros of 12-Year Bonds Bloomberg / Gavin Serkin

UK: Bank 'certain' to raise interest rates Guardian / Mark Tran

Canada: Bank of Canada Signals That It's Ready to Raise Rates Bloomberg / Greg Quinn

Singapore: The son rises The Economist

On the crest of a wave? The Economist

Why biggest dividend isn't the greatest news Philadelphia Inquirer / Jeff Brown

Microsoft profit rises but misses forecasts MSNBC / Martin Wolk

Katzenberg's DreamWorks IPO Pits Him Against Eisner Bloomberg / Alex Armitage

India: Tata for now The Economist

Blockbuster reports drop in profit, warns on third quarter AP via Dallas Morning News

AZ: New-home market is on course to record Arizona Republic / Glen Creno

Commercial-property prices The Economist

Human Development Index The Economist

US Treasuries rise as market settles into range Reuters / Pedro Nicolaci da Costa

U.S. mortgage rates unchanged Thursday – BestInfo Reuters

Fed's economic view too rosy for some analysts Reuters / Victoria Thieberger

Washington Mutual to cut 2,500 jobs AP via Philadelphia Inquirer

Rhymes with sex, but... CNN / Paul R. La Monica

Janus earnings slide excluding gain, shares fall Reuters / Herbert Lash

Sears misses profit mark, will lay off 3,300 Chicago Tribune / Becky Yerak

Anticipation of rate rise lowers prices on gilts FT / Päivi Munter

Fed buys Treasuries dated 7/31/05 to 2/15/06 Reuters

UPS Earnings Rise 18 Percent Reuters

Investors see software giant in new light AP via The State / Michael Martinez

Sears profits fall short of expectations Reuters via FT

War Funds Dwindling, GAO Warns Washington Post / Jonathan Weisman

US Leading Economic Indicators pdf Conference Board

Greenspan as giddy – and clear – as he gets Scripps Howard via Fort Wayne Journal Gazette

Greenspan Says Workers' Lack of Skills Lowers Wages Washington Post / Nell Henderson

Incidentally, Let's Call Them Investment Advisers Washington Post / Michelle Singletary

Gold prices plunge further The Hindu

Fitch cuts AT&T to "junk" BB+ rating Reuters

U.S. Treasuries trim losses as data discounted Reuters / Wayne Cole

AT&T to Stop Consumer Sales; 2nd-Qtr Profit Plunges Bloomberg / Chris Johnson

Yukos warns of impending bankruptcy Reuters via FT

Unemployment Insurance Weekly Claims Report Dept. of Labor

Edwards's Record Contradicts Anti-Business Image Bloomberg / Gene Sperling

OPEC pumps up Reuters via CNN

Russia: Investors Caught in Yukos Crossfire Moscow times / CatherineBelton

Foreign labor: for US, too much of a good thing? Christian Science Monitor / David R. Francis

Mexico: As men go north, wives get forgotten Christian Science Monitor / Molly Hennessy-Fiske

Global Funds: Lots of cash, little to buy IHT / Judith Rehak

Australia: Bonds close weaker AAP via Sydney Morning Herald

UK: Petroleum traders walk out in electronic switch protest Guardian / Terry Macalister

Russia: Depositors Took Out $859M in Just 2 Days AP and Bloomberg via Moscow Times

Fed action and reaction St. Paul Pioneer Press / Edward Lotterman

Japan's June Trade Surplus Narrows as Imports Rise Bloomberg / Lily Nonomiya

Politics Is Damping India's Appeal to Investors Bloomberg / Andy Mukherje


Microsoft goes on hiring spree Reuters via CNN

Is it the end for floating rate home loans? via Google News

The ART of Transferring Risk / David M. Katz

Europe's Capitalism Curtain Washington Post / Steven Pearlstein

Merrill, CSFB & BofA May Tighten Research Disclosure Bondweek / Caroline Salas

Treasury secretary has experienced job loss first-hand AP via San Diego Union Tribune / Martin Crutsinger

United stops payments to pension funds AP via Arizona Republic

Beijing set to loosen economic controls FT / James Kynge

The Chinese Boom Can't Last Ludwig von Mises Institute / Nicolas Bouzou

Italy plans deep cuts in spending to reduce deficit FT / Tony Barber

Leadership has gone AWOL Toronto Star / David Olive

WI: Answers Sought on Economic Stimulus Green Bay Gazette / Pete Bach

MN: Shopping adds up St. Paul Pioneer Press / Scott Carlson

Southwest Economy pdf Federal Reserve Bank of Dallas

Sears' profit plunges 83% in 2nd quarter Chicago Sun Times / Sandra Guy

A Capital Idea from Microsoft National Review / Larry Kudlow

Minimum-Wage Hikes Don’t Add Up National Review / Paul Kersey

Copper Has Biggest Drop in Six Weeks After Mexico Bans Strikes Bloomberg / Claudia Carpenter

Morgan Stanley sees some bondholders singing blues Reuters / Eric Burroughs

Treasuries bumped up in pre-weekend safe-haven bid Reuters / Pedro Nicolaci da Costa

Dollar Rises Against Euro, Posts Its First Weekly Gain in Six Bloomberg / Mark Tannenbaum and Richard Blackden

Brazil central bank president under probe AP via Seattle Post Intelligencer /Vivian Sequera

The Fed mystique MSNBC / John W. Schoen

U.S. Economic Outlook Federal Reserve Bank of Chicago / Michael H. Moskow

Fed's Moskow Speaks: U.S. Economy, Fed Policy and Inflation audio Bloomberg

50 car dealers are suing Newsday Newsday / James T. Madore

Crude Oil Price May Reach Record High as Yukos Concerns Mount Bloomberg / Heesun Wee and Sri Jegarajah

Debate Over June Data Going Strong as July Ends Bloomberg / Caroline Baum

Ask About Lawyers' Rap Sheets, IRS Tells Issuers Bloomberg / Joe Mysak

U.S. 10-Year Treasuries May Gain; Economic Growth Seen Slowing Bloomberg / Shamim Adam

Dollar Set for Weekly Gain Versus Yen, Euro; Fed Increases Seen Bloomberg / Taizo Hirose and Yumi Kuramitsu

Next Jump in Stocks Might Catch Investors Napping Bloomberg / Chet Currier

Chinese rhetoric won't budge US Taipei Times / Sushil Seth

Signs of problems for stocks keep building CBS Marketwatch Tom Bemis

Modernizing Putin's 'managed democracy' FT / Anatol Lieven

Germany: Trial makes board seats uncomfortable FT / Patrick Jenkins

Yet Again, a Brand Name Loses Its Magic NY Times / Claudia H. Deutsch

At Air Show, Echoes of Boeing's New Assertiveness in Duel With Airbus NY Times / Mark Landler

Attack North Korea's Kim With Global Markets Bloomberg / William Pesek Jr.

EU: The Struggle to Get Europeans to Do Their Duty and Spend NY times / Nicola Clark

Reality vs. politics in accounting NY Times via IHT / Floyd Norris

China: Wanted: Jobs for millions this year China Daily via People’s Daily

U.K. Second-Quarter Growth Probably Accelerated, Survey Shows Bloomberg / Sam Fleming

AT&T tries a new strategy, again NY Times via IHT / Floyd Norris

Economy jostled by speed bump, key index shows AP via Minneapolis Star Tribune / Brad Foss

Mixed economic data leave the dollar flat AP, Bloomberg and Reuters via IHT


Do Food Makers Want to Kill You? Lew Rockwell via Ludwig von Mises Institute / Llewellyn H. Rockwell, Jr.

Canada Dollar Has First Weekly Drop in 6 as Rate Gap May Shrink Bloomberg / Sangeetha Ramaswamy

Mankiw: U.S. economy on track for 'robust' recovery Yomiuri Shimbun

CA: Tight office-vacancy rate shows Valley economy is solid LA Daily News / Gregory J. Wilcox

Moving downtown Washington Times / Chris Baker

Savers fail to score from rising interest rates Globe and Mail / Rob Carrick

Iceland: The fire within Toronto Star / Tyler Hamilton

California Paid $231M for Loans AP via Chicago Tribune

The corporate profits party is raging — but not for long Globe and Mail / Mathew Ingram

Economists Question Fed Projections Washington Post / Nell Henderson

Boomers spur second-home sales Bloomberg via Minneapolis Star Tribune / Kathleen M. Howley

India: Financial independence widens generation gap Dallas Morning News / Anuradha Raghunathan

Recession Watch Thoughts From The Frontline via Safehaven / John Mauldin

Wall Street parties hardy again CBS Marketwatch / Jackie Cohen

Barron's: Microsoft looks undervalued CBS Marketwatch

U.K. Gilts Drop for First Week in Six Amid Growth in Economy Bloomberg / Steve Rothwell

U.S. 10-Year Note Ends 5-Week Rally After Greenspan Testimony Bloomberg / Elizabeth Stanton

Mystery British consortium offers Yukos a way out Guardian / Carolynne Wheeler

United Kingdom's total value surges to £5.3 trillion Guardian / John Carvel

Japanese Notes Have Weekly Loss on Concern BOJ May Lift Rates Bloomberg / Chris Cooper

Asian Currencies Have Weekly Decline; Costlier Fuel Cuts Profit Bloomberg / Christina Soon

China's economy moves in right direction as expected: President People’s Daily

Oil, Venezuela's Lifeblood, Is Now Its Social Currency, Too NY Times / Juan Forero

Wall Street on a Losing Streak Washington Post / Neil Irwin and Lauren Bayne Anderson




Economist: Fed's outlook a return to 1990s 'nirvana' USA Today / Sue Kirchhoff

Follow the money — until it runs out Houston Chronicle / Scott Burns

ETFs ready for their close-up CBS Marketwatch / John Spence

U.S. Treasuries take a breather after decline Reuters

GDP Data, Earnings on Tap for Wall Street AP via Newsday

For SunTrust it's time to fish or cut bait Orlando Sentinel / Richard Burnett

Earnings Look Good, But World Events Distract Markets Pittsburgh Tribune Review / Gregory M. Drahuschak

A Dividend Only Microsoft Could Pay Washington Post

Emerging debt market seen taking profits Reuters / Greg Brosnan

Europe weakens on US concerns AP and AFP via Taipei Times

Analysts admit: Forecasting economy is not exact science Knight Ridder via Wichita Eagle / Ken Moritsugu

States Went on Borrowing Tear in '90s AP via Aberdeen News / John Hanna

Retailers ready for back-to-school season Knight Ridder via Salt Lake Tribune

French demands threaten to sink global trade deal Guardian – Observer / Nick Mathiason

Kerrying Biz Bucks NY Post / Kaya Laterman

Sputtering market reshapes economy Boston Globe / Charles Stein

Do not Pass Go NY Post / Laura Petrecca

CA: Foreclosures rise in northern counties LA Times

U.S. election could be the stock market's next catalyst - but watch the Fed CP via / Meg Richards

Kerry, Bush, who's better for market? Baltimore Sun / Eileen Ambrose

Mutual funds to enjoy payout Wall Street Journal via Orange County Register / Christopher Oster

Mixed Messages Trip Up Schwab LA Times / Tom Petruno

Behind the numbers: Higher interest rates Arizona Republic

The new face of money in U.S. politics Chicago Tribune / David Greising

Disposable income is where politics, economy meet Seattle Times / Stephen Dunphy

Slower Consumer Spending Restrains Growth: U.S. Economy Preview Bloomberg / Vince Golle

Nervous days on Wall Street CNN / Mark Gongloff

Coors will be more equal in merger Denver Post / Al Lewis

Conservative investors give Microsoft fresh look AP via Spartanburg Herald-Journal / Michael Martinez

Greenspan-inspired rally peters out AFP via Taipei Times

PA: More of the same on Phila.'s taxes Philadelphia Inquirer / Andrew Cassel

Do high-yield research on junk bonds Chicago Tribune / Mathew Lubanko

New high-yield fund for risk-takers Straits Times / Wee Yan Hann

Flashiest, wealthiest not always the same Chicago Tribune / Andrew Leckey

Catching Up to the Cost of Global Warming NY Times / Danny Hakim

Mortgages Get More Exotic Wall Street Journal via Denver Post / Stacey L. Bradford

FL: Escalating prices threaten agricultural land Ft. Lauderdale Sun Sentinel / Alexandra Navarro Clifton

US homebuyers risk rates 'time bomb' FT / Jenny Wiggins

For home buyers, a call to ARMs pdf Buffalo News / Lisa Haarlander

Beware of market forecasts Knight Ridder via Miami Herald

More on Inherited IRAs Wall Street Journal via Denver Post / Glenn Ruffenach

South Korean Banks' Profit Triples in Second Quarter on Lending Bloomberg / Meeyoung Song

Europeans will work more like we do before we work less St. Louis Post Dispatch / David Nicklaus

Doubts emerge over Greenspan's bright outlook AFP via Channel News Asia

Is a Stock Market Crash Imminent? Clif Droke Market Analysis via Safehaven / Clif Droke

The Tech Lobby, Calling Again NY Times / Gary Rivlin

Housing Bust: It Won't Be Pretty NY Times / Gretchen Morgenson

The Perils of Predicting Financial Bubbles NY Times / Eduardo Porter

Companies' Profits Are Surging. Why Isn't the Market? NY Times / Jonathan Fuerbringer

Harvard's Invisible Fund-Raising NY Times / Stephanie Strom


Easy does it on rate rises, says ECB member FT / Tony Major and Mark Schieritz

Confidence in Argentine government at new low FT / Adam Thomson

TX: Venture investment in Dallas rises 40% Dallas Morning News / Crayton Harrison

WI: Panel objects to raising minimum wage Milwaukee Journal Sentinel / Joel Dresang

SC: The Perennial Patterson Bond Buyer / Tedra DeSue

N.J. High Court OKs $2.7B Deal Bond Buyer / Jill D'Ambrosio

California reaches state budget deal Reuters

The economics of doom UPI / Martin Hutchinson

After the HH bond, then what? Dallas Morning News / Pamela Yip

Forecasters Look For Hints of Election Results Washington Post / Jerry Knight

Fed still long way from neutral rates, Hoenig says Reuiters / Judith Crosson

NY: Chase builds on branches NY Daily News / Daniel Dunaief

Association Comments on NASD Proposal for Corporate Bond Trade Dissemination Bond Market Association

UK: Nine out of 10 fund managers are unreliable Telegraph / Paul Farrow

BOC supports new International Journal of Central Banking Bank of Canada

Canada: Fund mergers ahead Globe and Mail / Keith Damsell

Homeschooling for Liberty Lew Rockwell / Tom Smedley

Bankruptcy competition affects failure Bloomberg via Detroit Free Press / Jeff St. Ong

Dollar's week-long rally sputters CBS Marketwatch / Rachel Koning and Osamu Tsukimori

Crude falls 27 cents to $41.44 a barrel Reuters via Houston Chronicle

UK: Call for reform to beat deepening debt Press Association via Guardian

Global economy sails into a new era Chicago Tribune / Robert Manor

Fitting ETFs in your portfolio CBS Marketwatch / Marshall Loeb

S.D. median home price: $580,670 San Diego Union Tribune

Survey finds lower-income, minority home buyers most likely to opt for ARMs AP via San Diego Union Tribune

Presidential race comes down to a numbers game Indianapolis Star / George Will

Happiness makes the world go around Guardian / Donald MacLeod

Coming to skyscraper elevators: television AP via Houston Chronicle

West Coast housing bubble could rupture at any time Dallas Morning News / Danielle DiMartino

How durable is the recovery? Dallas Morning News / Danielle DiMartino

Cantor Fitzgerald picks Midtown for permanent HQ Newsday

Bush or Kerry? Who cares? CNN / Paul R. La Monica

Will Google come up empty? CNN Paul R. La Monica

Google's worth: $36B? AP via Newsday

Yukos shareholder hunted on murder charges FT / Arkady Ostrovsky in Moscow and Harvey Morris

EU seeks united front for global trade talks FT / Tobias Buck in Brussels and Frances Williams

Conventions Are Big Losers Forbes / Dan Ackman

Party time in Boston The Economist

Britain Will Overtake Germany in Europe by 2025 Bloomberg / Matthew Lynn

EU: Abbey opens its doors The Economist

L.A. now priciest rental market in West AP via Denver Post / Michael Liedtke

Bond investors are likely to benefit from higher rates Dallas Morning News / Bill Deener

U.S. Treasuries Decline as Home Sales Point to Faster Growth Bloomberg / Mark Tannenbaum and Steve Rothwell

US Treasuries drift off as data proves strong Reuters / Wayne Cole

Intel mulling cash to shareholders CNN

Will baby boomers retire with a bang or just a whimper? St. Louis Post Dispatch / Repps Hudson

U.S. June Existing-Home Sales Rise 2.1% to 6.95 Million Rate Bloomberg / Joe Richter

Meyer Looks at the Fed and a `Private' Greenspan Bloomberg / John M. Berry

Is U.S. Housing Bubble a Fact or Strange Fiction? Bloomberg / John Wasik

Central banks spin out publication Reuters via CNN

Fed, not White House, moves market AP via Seattle Post Intelligencer / Meg Richards

Eurozone bond prices slip on German data FT / Päivi Munter

Bank of Japan Avoids Taking Credit for Growth Bloomberg / David DeRosa

US Treasuries brace for data, supply and politics Reuters

Google hopes to raise $2B in IPO Reuters via CNN

Politicians Now Wear Big Money As Badge of Honor Washington Post / Jeffrey H. Birnbaum

Russia: First Investment Grade Bond Sold Reuters via Moscow Times

Russia: Dresdner to Expand Into Russian Stocks Moscow Times / Guy Faulconbridge

$15 Billion European Bank Deal Expected NY Times / Heather Timmons

Trade Talks in Geneva Offer More Hope This Time NY Times / Elizabeth Becker

Ten Recurring Economic Fallacies, 1774–2004 Ludwig von Mises Institute / H.A Scott Trask

War efforts weaken U.S. economy Minneapolis Star Tribune / Ronald M. Bosrock

Deutsche Bank, Europe's No. 1, Fails to Win Bigger US Bond Fees Bloomberg / Christine Harper

Dollar Falls Versus Yen; Report May Show Slower Economic Growth Bloomberg / Taizo and Yumi Kuramitsu

Japan: 3 million reasons to reduce income gap Yomiuri Shimbun

UK: Black economy on the march Scotsman

Japanese Bonds May Advance on Stock Decline, Factory Report Bloomberg / Chris Cooper

Old enough to take responsibility Guardian / Dean Baker and Mark Weisbrot

Guard against surprise on US interest rates Business Line via Google / Ajay Jaiswal

Yen May Drop for Third Week as Demand for Japanese Stocks Wanes Bloomberg / Vivianne C. Rodrigues


Statement by an IMF Staff Mission in Brazil IMF

FL: Scarcity pushes home sales still higher Orlando Sentinel / Jack Snyder

Bank mergers just 1 factor in determining market share Roanoke Times / Jenny Kincaid

NC: Housing Case ‘A Big Mess’ Bond Buyer / Lynn Hume

New Jersey Bond Ratings Downgraded Fitch, S&P Lower GO, Contract Debt Bond Buyer / Jill D'Ambrosio

Housing Market Set for a Leak, Not Bust Reuters via ABC News / Ilaina Jonas

Housing Run-Up A Double-Edged Sword AP via Hartford Courant / Martin Crutsinger

Advertisers seen pumping $16B into online ads by 2009 Reuters via USA Today

WTO Approves Libya As a Candidate AP via Newsday / Naomi Koppel

White House to project record deficit this year AP via San Diego Union Tribune / Alan Fram

Kerry and the U.S. economy UPI / T.K. Maloy

Kerry Among the Inmates National Review / Larry Kudlow

Companies Could Starve Without Junk Bond Diet NY Post / Paul Tharp

Report: Belief in hell boosts economic growth Reuters via Houston Chronicle / Alister Bull

GM and Google: Old economy, meet new economy Knight Ridder via Dallas Fort Worth Star Telegram

T. Rowe Price earnings jump 49% AP via Baltimore Sun

SEC Sues Former Capital One Officer Washington Post / Carrie Johnson

CA: Mayor reaches to S.F. CEOs San Francisco Chronicle / George Raine

Both Parties Get Blame For The Economic Mess NY Post / John Crudele

Are you irrationally exuberant? CNN / Sarah Max

Interest-Only Mortgages Turn Up Heat Bloomberg / Chet Currier

Conference Board's Smith: July Consumer Confidence, Jobs audio Bloomberg

Deutsche Bank's LaVorgna: Forecast for GDP and Treasuries audio Bloomberg

Oil spike II CNN / Mark Gongloff

Oil Prices Briefly Surge Above $42 AP via Newsday / Brad Foss

UK: Oil blamed as manufacturing recovery stalls FT / Anna Fifield

From Cancún to Geneva The Economist

India bank's woes spark panic BBC News / Omer Farooq and Jayshree Bajoria

UK: Pay rises now trailing inflation BBC News

Citigroup's Faithful Ignore Tarnished Reputation Bloomberg / David Pauly

BP Posts 35 Percent Rise in 2Q Earnings AP via Chicago Tribune Bruce Stanley

Fee-normous Washington Times / Chris Baker

MN: St. Paul may take the brunt of layoffs Minneapolis Star Tribune / Chris Serres

US Treasuries hit by firm data, test recent range Reuters / Wayne Cole

ME: Economic rankings often seen as political Portland Press Herald / Edward D. Murphy

PA: Area unemployment rises to 5.9 percent Morning Call / Gregory Karp

Creeping doubts Australian Financial Review / Jim Parker

NY: Rate Race Drives Sales Through The Roof NY Post / Paul Tharp

Bank of England to end retail service Bloomberg via Toronto Star

Market Commentary Prospector Asset Management via Safehaven / Leonard Kaplan

Treasuries Drop After Report Shows Confidence Climbed in July Bloomberg / Mark Tannenbaum

Bonds pressured by new notes CNN

Host Marriott to offer $350 mln of notes due 2012 Reuters

Consumer Confidence Index Increases in July Conference Board

U.S. June New Home Sales Fall 0.8% to 1.326 Million Bloomberg / Carlos Torres

Analysts Continue Bearish on Market, Economy / Ed Zwirn

The hottest zip codes CNN

Aggressive or overvalued? Boston Globe / Steven Syre

Feds say United violating the law Denver Post / Greg Griffin

Googling Google Forbes / Dan Ackman

The July Jolt -- What Tripped the Stock Market Bloomberg / John Dorfman

Aggressive or overvalued? Boston Globe / Steven Syre

Feds say United violating the law Denver Post / Greg Griffin

Googling Google Forbes / Dan Ackman

The July Jolt -- What Tripped the Stock Market Bloomberg / John Dorfman

TN: Dairy prices appear set to fall from record highs Tennessean / Naomi Snyder

PA: Too Many Looking, Not Enough Jobs Pittsburgh Tribune Review / Thomas Olson

Crude oil futures redeem most of their losses FT / Kevin Morrison

Does the Income Effect Argue for Taxes? Ludwig von Mises Institute / Stefan M.I. Karlsson

UK mortgage lending rate rises to 7-year high FT / Anna Fifield

Japanese Bonds Fall on Speculation Exports Will Sustain Growth Bloomberg / Chris Cooper

Brazil's Currency Set to Extend Declines on Meirelles Probe Bloomberg / Carlos Caminada

Democratic Platform Offers Shades of Old and New Bloomberg / Caroline Baum

Australia: Bout of inflation in the pipeline Sydney Morning Herald / Matt Wade

Bank of Moscow Plans IPO, Bond Bloomberg and Prime-Tass via Moscow Times

Free Trade and a Big US Debt Christian Science Monitor

European banking mergers still complex AFP via Sydney Morning Herald

Hayek, Once China's Poison, Is Now Its Prophet Bloomberg / Andy Mukherjee 



Thomson profit jumps CP via Globe and Mail

CO: Home prices hit record Rocky Mountain News / John Rebchook

CA: There's zero doubt the Orange County housing market has cooled Orange County Register / Jonathan Lansner

Getting old in America Minneapolis Star Tribune

The Pitfalls On the Path To Paradise Washington Post / Steven Pearlstein

UK: Pensions: is it too late to save the baby boomers? Telegraph / Emma Simon

UK: BoE's Bean warns house prices could fall sharply Reuters via FT

Role of economy in elections mixed Philadelphia Inquirer / Andrew Cassel

Fed Survey Shows Slower Growth in June, Early July Bloomberg / Craig Torres

Bear Stearns's Ryding: U.S. Economy, Savings Rates, Jobs audio Bloomberg

SC: Military in Charleston a $3.3 billion presence The State

UK: Bank's economist dismisses national debt fears Guardian / Sandra Haurant and Mark Tran

UK: Savings crisis is 'damaging' economy Scotsman / David Black

UK: First signs of housing market falling Scotsman

UK debt likely to top £1 trillion BBC News

Yahoo Says Google Owes It More Shares Bloomberg via LA Times

Let's deflate the balloons Boston Globe / Steve Bailey

Brains and brawn The Economist

Treasuries edge up as auction attracts demand FT / Jennifer Hughes, Paivi Munter and Mariko Sanchanta

Fed: Economic growth rates are patchy Reuters via CNN

Beige Book Federal Reserve Board

U.S. junk bond market sees surge in buyout deals Reuters / Dena Aubin

Four Wall St. firms settle on bond trades AP via Newsday

NASD fines brokerages for bond trading violations Reuters

Brazil Central Bank's Candiota Resigns, Azevedo Named Bloomberg / Carlos Caminada

MD: Promised boom is really a bust Newsday / Joshua Robin

Lehman's Matus: U.S. Consumer Confidence, Growth Forecasts audio Bloomberg

Gold and the Dollar Speculative Investor via Safehaven / Steve Saville

Yukos Puts Oil Over A Barrel Forbes

Canada: Failed merger could hurt Molson Toronto Star / Diana Flavelle

Minimum-Wage Waffle National Review / Bruce Bartlett

The Cheap-Shot Kid National Review / Larry Kudlow

US June durable goods disappoint Reuters via FT

CT: Rell: State's Economy `Very Fragile' Hartford Courant / Mark Pazniokas

New Jersey Court Makes 2006 Budget More Interesting Bloomberg / Joe Mysak

Eurozone bond yields approach month highs FT / Päivi Munter

US Treasuries losing struggle with economic bulls Reuters / Wayne Cole

IMF Delays Argentine Loan, Forcing Country to Use Reserves Bloomberg / Daniel Helft

Does constant money supply lead to economic stability? Brookes News / Dr. Frank Shostak

The Cultural and Spiritual Legacy of Fiat Inflation Ludwig von Mises Institute / J. G. Hülsmann

What causes inflation? Brookes News / Gerard Jackson

Boeing Has Second-Quarter Profit as Military Sales Increase Bloomberg / Darrell Hassler

Big Japanese banks still want merger Reuters via CNN

Is the Real Estate Boom Sustainable? / Ed Zwirn

Paper millionaires bring back memories of bubble AP via Minneapolis Star Tribune / Rachel Konrad

Crude Oil Rises to Record After Yukos Says It May Cut Output Bloomberg / Mark Shenk

US crude futures hit record $42.50 a barrel FT / Kevin Morrison

DC: Home Sales Still Sizzle Washington Post / Sandra Fleishman

Newsday bids to make amends Newsday / James T. Madore

EU stands united for global trade talks Sydney Morning Herald / Patrick Lannin

Failure in Cancun Haunts WTO Washington Post / Paul Blustein

Japanese June Retail Sales Fall for a Third Month Bloomberg / Lindsay Whipp

2005 budget outline promises 'effectively' lower outlays Japan Times / Mayumi Negishi

Australian Dollar Falls Most in 7 Weeks as Inflation May Slow Bloomberg / Chris Young

Shoppers Putting the Tiger Back Into Asia Bloomberg / William Pesek Jr.

Japan: Bank merger talks halted Yomiuri Shimbun

World Bank Challenged: Are the Poor Really Helped? NY Times / Celia Dugger

Russia: EU Says Putin Out to Destroy Yukos Moscow Times / Guy Faulconbridge

70% of Russians Don't Bank Moscow Times / Guy Faulconbridge

Australian Trade Gap Probably Widened to A$1.95 Bln Bloomberg / Victoria Batchelor

Africa's new model for spreading oil wealth Christian Science Monitor / Abraham McLaughlin

Jobs, pay, and the score so far Christian Science Monitor / David R. Francis

Court in Europe Set to Hear Microsoft Case NY Times / Paul Meller


Freddie Mac Reaches Callable Issuance of More Than $50 Billion Freddie Mac

EU: Comment Letter to CESR on Pre-Trade Transparency Provisions of MIFID Bond Market Association

CA: A Governor's Gamble Bond Buyer

NY: Future Debt Clouds MTA's $27.4B Plan Bond Buyer / Adam L. Cataldo

Another serving of shrimp tariffs AP via Houston Chronicle

U.S. wages rise, but inflation is rising faster Baltimore Sun / Paul Adams

Economy in doldrums AP via Orlando Sentinel / Martin Crutsinger

Hooked on incentives Sacramento Bee / Mark Glover

Companies spend high, keep low The Hill / Alexander Bolton

Bank One's Swonk: Forecast for U.S. GDP and Fed Policy audio Bloomberg

Gold - The Weekly Global Perspective Gold-Authentic Money via Safehaven / Julian D. W. Phillips

Why are oil prices so high? BBC News

A taxing time for bonds San Francisco Chronicle / Kathleen Pender

One man created most PC viruses CNET via San Francisco Chronicle / Munir Kotadia

Mexican Peso Gains for 3rd Day; Central Bank Lifts GDP Forecast Bloomberg / Jennifer Coogan

Key states reach WTO farming deal BBC News

Janus client to yank $5B by year-end CNN

Doing well and doing good The Economist

Yahoo CEO reaps another huge payday AP via Seattle Times / Michael Liedtke

Target sells Mervyn's for $1.65 billion AP via Minneapolis Star Tribune

Airline traffic at pre-9/11 levels Washington Times / Tom Ramstack

Fears ease as Yukos keeps pumping BBC News

Japan's Unemployment Rate Remains Steady AP via Philadelphia Inquirer

AT&T Credit Rating Cut Two Levels to Junk by Moody's Bloomberg / Dana Cimilluca

Fannie Mae & the Banking Industry – A Tragic Comedy by Bondhead Ben Kaufman

US Treasuries near flat as data ignored Reuters / Pedro Nicolaci da Costa

Coupon interest payments offer cure for summertime blahs Chicago Tribune / Bill Barnhart

IMF Report Faults Fund for Lending to Argentina Before Default Bloomberg / Julie Ziegler

A paycheck vote CNN / Kathleen Hayes

Dollar's week-long rally runs out of steam FT / Steve Johnson

CT: Housing Stays Hot In State Hartford Courant / Michael Remez

Bear Stearns's Malpass: U.S. Economy, U.S. Dollar and Bonds audio Bloomberg

More ailing companies escaping pension costs Chicago Tribune / James P. Miller, Melissa Allison and Stephen Franklin

CSFB chairman resigns Reuters via CNN

Cheap again The Economist

Some Americans face nasty surprise as rates rise Reuters / Victoria Thieberger

US 30-yr mortgage rates return above 6 percent Reuters

The last days of Yukos The Economist

UK: Boom, bust and hubris The Economist

The Economist food index The Economist

Russia The Economist

Economists rate Kerry CNN / Mark Gongloff

Up and Down All at Once Washington Post / Nell Henderson

Wall Street Economists See Fed Rate at 2% or Higher Bloomberg / Heather Bandur

ECB Trumps the Fed on Achieving Price Stability Bloomberg / Mark Gilbert

Shades of gray in beige CNN / Kathleen Hayes

U.S. Treasuries falter despite muted jobs data Reuters / Laura MacInnis

SEC probes Krispy Kreme CNN

Is the Stock Market a Young Lass or an Old Hag? Bloomberg / Caroline Baum

Oil Crisis From The North Forbes / Dan Ackman

Bush has a lot riding on GDP data NY Post / John Crudele

Yukos Told to Stop Pumping Moscow Times / Guy Faulconbridge

Economies in Asia are set to grow Gulf Daily News

Russia: Central Bank Closes 4 Delinquent Banks Reuters and Moscow Times

New Zealand's Central Bank Raises Interest Rate to 6% Bloomberg / Tracy Withers

China's foreign trade expected to top 1,000 billion US dollars People’s Daily

Yukos and Kremlin go to the brink NY Times via IHT / Erin E. Arvedlund

Losing patience with US trade deficit Christian Science Monitor / David R. Francis

Japanese Industrial Production Fell 1.3% in June Bloomberg / Lily Nonomiya

Japan: Ministry again maintains upbeat economic assessment Japan times

Morgan Stanley Says India Is Asia's `New Tiger' Bloomberg / Andy Mukherjee 


Collateral Damage From A U.S. Housing Bust pdf Northern Trust via Prudent Bear

July Volume Fell Below $25 Billion Bond Buyer / Jacob Fine

High-Yield Buyers Threaten Strike Bondweek / Caroline Salas

PA: Still more funding sought for airport debt Pittsburgh Post Gazette / Tom Barnes

Why the Democrats ignored Bush's fiscal folly The Slate / Daniel Gross

A rough patch US News / Paul J. Lim

It's only fiction, but is it legal? Christian Science Monitor / Ron Charles

Oil bubbles to new record Dallas Morning News / Sudeep Reddy

Economic Cycle's Achuthan: GDP Report, Outlook for Economy Audio Bloomberg

Yukos Workers Fret Over Firm's Fate Reuters via Moscow Times / Maria Golovnina

SEC targets funds run by investment banks NY Daily News / Daniel Dunaief

Canada: Dollar remains volatile Ottawa Business Journal

Brazil's Currency Rises for Second Consecutive Month in July Bloomberg / Carlos Caminada

Stem outflows, diversify, sell or pray CBS Market Watch / Alistair Barr

CA: Adding facts and figures San Francisco Chronicle / David Lazarus

The Big Issue That Democrats Didn't Talk About Bloomberg / Ann Woolner

Refusing To Compete In Frankfurt Washington Post / Steven Pearlstein

Google to limit hedge-funds bidding in IPO Dow Jones and AP via Houston Chronicle

Was the 2001 slowdown really a recession? AP via USA Today / Martin Crutsinger

Americans' income shrank 9%, IRS says NY Times via San Francisco Chronicle / David Cay Johnston

PA: Bad times when this bubble pops Philadelphia Inquirer / Andrew Cassel

U.S. 10-Year Treasuries Gain the Most in 2 Weeks as GDP Slows Bloomberg / Elizabeth Stanton

Back to work for less CNN

NYMEX crude hits record $43.60/bbl UPI via Washington Times

Job quality debate overdone? Reuters via CNN

Chicago manufacturing grows in July Reuters via CNN

Theory of Free International Trade Federal Reserve Bank of Dallas / David Ricardo

The Timing of Monetary Policy Shocks Federal Reserve Bank of Boston / Giovanni Olivei and Silvana Tenreyro

U.S. Treasury Notes Rise as Economy Expanded Less Than Forecast Bloomberg / Elizabeth Stanton

U.S. jobs report again at centre stage Reuters / Burton Frierson

U.S. Economy Cools Amid Shopping Slowdown Reuters / Tim Ahmann

Corporate cash is ray of hope Dallas Morning News / Danielle DiMartino

Sun-Times Reduces Circulation Numbers AP via Newsday

Did Krispy Kreme Inflarte The Bottom Line NY Post / Paul Tharp

Street’s Bad Boy NY Post / Jenny Anderson

Transparency Is Everyone's Responsibility / Marie Leone

Funds Sent to Mexico Hit Record LA Times / Marla Dickerson

Are We Really Force Fed? Ludwig von Mises Institute / P. Gardner Goldsmith

Broaddus Retires; Says Fed Containing Inflation Bloomberg / John M. Berry

Muni Regulator Takes on Use of Consultants Again Bloomberg / Joe Mysak

The IMF's New Boss Stands Up to Argentina on Loan Bloomberg / David DeRosa

Election-Year Market Looks Like a Downer for Bush Bloomberg / Chet Currier

A quick-fix budget for California Christian Science Monitor / Mark Sappenfield

IMF Says Its Policies Crippled Argentina Washington Post / Paul Blustein

Dot-com collapse led to historic 2-year drop in Americans' income NY Times / David Cay Johnson

An Open Letter to CNBC Holt and Shapard via Safehaven / Wistar Holt

In Democracy We Trust Pimco / Paul McCulley

Report Looks Harshly at I.M.F.'s Role in Argentine Debt Crisis NY Times / Todd Benson

Did Someone Say Doughnuts? Yes. The S.E.C. NY Times / Gretchen Morgenson

UK house prices '30% overvalued' BBC News

Clinton Hints at China Role in U.S. Election Bloomberg / William Pesek Jr.

New Zealand: Banks see further interest rate rises New Zealand Herald via Google News / Brian Fallow

Japanese Household Spending Falls for Second Month Bloomberg / Lindsay Whipp

Stage is set for rare Japanese takeover battle FT / David Ibison

Yen Heads for Third Losing Week as Japan's Consumer Prices Drop Bloomberg / Taizo Hirose and Yumi Kuramitsu



U.S. firms hit hard by EU sanctions Washington Times / Jeffrey Sparshott

AZ: Home sales here have expert foreseeing Vegas-style boom Tucson Citizen / David Pittman

Marshall Field's is now May's baby Minneapolis Star Tribune / Melissa Levy

Canadian Bonds Have Their First Monthly Gain in Four Bloomberg / Sangeetha Ramaswamy

TX: Commercial leasing making a comeback Dallas Fort Worth Star Telegram / Andrea Jones

WI: Malls come tumbling down Milwaukee Journal Sentinel / Doris Hajewski

WA: Plea deal reached in Whidbey bond fraud Tacoma News Tribune / John Gillie

Economic indicators give off varied signals Detroit Free Press

Oil companies awash in profits AP via Washington Times

Fears of price collapse, or greed, may play role AP via Philadelphia inquirer / Brad Foss

Will the bounce continue? CNN / Mark Gongloff

Company Debt May Lurk Off Balance Sheets AP via The State / Bruce Meyerson

Dollar Rises for Week as Traders Bet on Faster Economic Growth Bloomberg / Vivianne Rodrigues

U.S. economic growth slows Chicago Tribune / William Neikirk

Bush Says Tax Cuts Helped Economy, Raps Kerry Record Bloomberg / Holly Rosenkrantz and Kristin Jensen

Kerry Widens Lead in Newsweek Election Poll After Convention Bloomberg / Kerry Dooley

Thinking financial blasphemy Dallas Morning News / Scott Burns

The Endgame For Mutual Funds Thoughts From The Frontline via Safehaven / John Mauldin

White House Says Deficit Forecast Isn't as Bad as It Looks NY Times / David E. Rosenbaum

UK: Should we be worried at £1tn debt mountain? Scotsman / Lindsey Rogerson

UK: Cost Of Running A Home To Jump Ananova News

Hong Kong's Budget Deficit Shrinks 41% as Economy Improves Bloomberg / Philip Lagerkranser

Japan: Cabinet OKs 48.2 trillion yen outlay cap Japan Times / Mayumi Negishi

Yukos gets month to clear tax debts Gulf Daily News

Bidding War May Shuffle List of Japan's Biggest Banks NY Times / Todd Zaun

Court lists decade of fraud at Irish bank FT Robert Orr

U.S. Economy Slows After Winter's Splurge Washington Post / Nell Henderson

China's foreign investment flattening AFP via Taipei Times

Economic data only clouds prez campaign Boston Herald / Jay Fitzgerald

U.S. deficit numbers to heat up campaign AP via IHT

Japanese Bonds Drop After Price Index Falls Less Than Expected Bloomberg / Chris Cooper