Thursday morning links

TOP STORIES
Consumer prices rise at double the expected rate - AP
Home foreclosure filings up 55 percent in July - Reuters
Economy in Europe Contracted in Second Quarter - NY Times
Mortgage Insurers' Losses Mount - Washington Post
Big funds embrace dollar as crisis mutates into global slump - Telegraph

MARKETS
Crude Oil Trades Little Changed After U.S. Inventory Report - Bloomberg
Gold up on firm oil, eyes economic data - Reuters
Adens still commodious to commodities - MarketWatch
Riding Sprott's coattails is no sure bet - Globe & Mail

ECONOMY
U.S. July Consumer Prices Rise More Than Forecast on Fuel, Food - Bloomberg
Trend in jobless claims rises to 6-year high - MarketWatch
American motorists drove less in June - LA Times

HOUSING
Housing Rebound in Cleveland Signals Bad News for U.S. Market - Bloomberg
Rising Mortgage Rates Drive Down Home Prices - HousingWire
July saw record foreclosures in northern SJ Valley - AP
Estimate: 1,300 foreclosures every business day in California - LA Land
Homebuilder warns foreclosure shoppers - OC Register

FED/TREASURY/BANKING
Greenspan sees house price bottom in 2009 - Reuters
Stern says Fed should be patient as oil drops - Reuters

INTERNATIONAL
German, French economies contract - MarketWatch
Jobless up, inflation up, growth down: Bank chief delivers his grim predictions - Guardian
Spain discussing stimulus package - BBC
Why inflation is skyrocketing in India - Commodity Online
Housebuilder: reservations down 45% - Guardian

INTERESTING
5 years after a giant blackout, are we better off? - AP
Proof or Hoax? Bigfoot Said Found in Georgia - LiveScience