4:20 pm : Sellers regained complete control Wednesday as fresh signs of an economic slowdown returned, closing stocks lower across the board.
Kicking things off on a sour note was a larger than expected 4.1% drop in July existing home sales to its lowest level in over two years and lifted inventories to record levels, raising concerns the economy is slowing too much and that corporate profits will suffer.
Since anticipation of the weak data was already priced into bonds, traders consolidating four days of gains and lifting yields across the curve intraday weighed on
The Age Less Diet Cutting calories may slow down the aging clock as well as peel off pounds.
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General Health Tip
Carbs Aren't Evil! It's a nutritional "urban legend." Excess calories lead to weight gain, no matter what the source. There's little evidence that carbohydrates as such promote weight gain -- or that restricting them will help in long-term weight management.
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KATHY GRIFFIN DELAYED HER DIVORCE FOR SAKE OF SHOW
In a shocking public announcement, Kathy Griffin claimed that ex-hubby Matthew Moline robbed her of $72,000 — but she failed to mention that she held the marriage together for the sake of her TV show. During a recent interview with CNN's Larry King, the 44-year-old comedienne claimed that Moline, 35, stole cash from her during their five-year marriage. "My husband, without my knowledge, was sneaking into my wallet when I was asleep in the mornings and taking my ATM cards from my private... •SEACREST GRILLS KATE BOSWORTH •BREAKING NEWS! EXCLUSIVE: COCAINE SECRET BEHIND CHRISTIE BRINKLEY DIVORCE
Star Magazine
JADA'S SEEN SURI!
Jada Pinkett-Smith is hopping on the Suri sighting train. King of Queens star Leah Remini fessed up to seeing Tom and Katie's baby earlier this month and now Jada says she's seen the baby twice. "She's one of the sweetest babies I've ever met in my life," Pinkett Smith told People magazine. "She's an absolute beauty and she's Daddy's little girl." She went on to say that, "She's beautiful and they're very happy and they need to be left alone. She's the cutest little baby. She's got a head full... •KATHARINE MCPHEE: NO LONGER IDLE •LITTLE MISS SUNSHINE
U.S. says Iran response "falls short" An Iranian worker lifts a barrel of "yellow cake" to feed it into the processing line of Uranium Conversion Facility (UCF) in Isfahan, about 420 km (261 miles) south of Tehran, August 8, 2005. The United States said on Wednesday that Iran's request for talks fell short of the U.N. Security Council's demand for it to halt its nuclear program. (Stringer/Reuters)
5:28 pm PT Weyerhaeuser to build new sawmill, permanently close another, in Lebanon, Oregon (WY) 61.35 +1.32 : �
3:50 pm PT Verizon LiveSource Wins Multi-Million-Dollar Directory Assistance Contract with Dobson Cellular Systems (DCEL) 6.26 -0.06 : VZ's LiveSource business unit now provides directory assistance services to Dobson Cellular Systems, the largest independent rural wireless carrier in the U.S. LiveSource recently won a multi-year, multi-million-dollar contract to provide services to Dobson's wireless customers nationwide.
3:47 pm PT Jury Awards $5.2 mln verdict in truck crash case against Omaha, Neb.-based Union Pacific (UNP) 81.50 -0.10 : Jury has returned a $5.2 mln verdict against Omaha, Neb.-based�UNP and a Mesquite woman in a negligence lawsuit over a 2002 tractor trailer accident that left a Waco man permanently paralyzed. The jury placed blame on both the�UNP truck driver and the driver of the car that the truck hit, and found them liable for damages to the plaintiff, Curtis Woods.
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