Tuesday morning links
Tuesday, July 22, 2008
TOP STORIES
Wachovia has $8.9B loss, cuts 6,350 jobs, dividend - AP
An Oilman's Bet Against Oil - Washington Post
Economy hobbles Calif. town - USA Today
In tight times, shunning materialism saves money - AP
Why we need to keep gas above $4 - MSN Money
MARKETS
Crude Oil Falls as Storm Forecast to Miss Gulf Production Areas - Bloomberg
Gold climbs on weak dollar, falling equities - Reuters
Crude Oil price will fall to $100: Marc Faber - Commodity Online
ECONOMY
U.S. Economy Defies the Gloom in Past Quarter - Bloomberg
The huge threat to the US economy - MSN Money
HOUSING
Irish Real Estate Agents See No Improvement in Property Market - Bloomberg
Regulators check Fannie, Freddie books - Reuters
Los Angeles condo sells for $2,848 (per square foot) - LA Times
FED/TREASURY
Plosser Says Fed Should Raise Rates `Sooner Rather Than Later' - Bloomberg
Paulson: U.S. 'on right path' to end of market disruptions - MarketWatch
WaMu Shows Paulson Mortgage Rescue Plan Is Perilous - Bloomberg
INTERNATIONAL
Vietnam ups petrol prices by 31% - BBC
Economy: 80% fear we are heading for recession - ICM poll - Guardian UK
Canada well-placed to weather economic storm: Scotiabank - Globe & Mail
Inflation 'to hit Asian growth' - BBC
Dubai container giant bucks global trends - Telegraph
INTERESTING
Brass thieves hit hydrants, raising fire concerns - AP
Ford's Model T turns 100 - AP