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The Next Shoe to Drop? Fed Focuses on Commercial Real Estate
The Fed reviews smaller banks' delinquent real estate loans for problems.
ABC News

Fed judge to rule Thursday on G-20 protest suit
A federal judge will rule Thursday on a lawsuit brought by the ACLU on protest plans by three groups during next week's Group of 20 economic summit. The judge is expected to determine what route a protest group can take for a march and rally, and whether two... Sponsored Topics: united states federal judge - Lawsuit - United States - Pittsburgh - Protest
SF Gate

Jury still out on music`s benefits for preemies
NEW YORK (Reuters Health) - There is no high-quality evidence that listening to music helps tiny babies born prematurely cope with pain, feed better and calm down, according to a review of studies.
Reuters

Fed tightens review of commercial real estate risk
WASHINGTON (AP) -- The Federal reserve is stepping up its scrutiny of commercial real estate loans at smaller banks, where delinquency rates have risen sharply....
The Arizona Republic

Fed Chief Says Recession Is 'Very Likely Over'
Ben S. Bernanke said the U.S. economy was probably growing now, but it would not be sufficient to prevent the unemployment rate from rising.
New York Times

Supplementing Babies` Formula With DHA Boosts Cognitive Development
Research has shown that children who were breast fed as infants have superior cognitive skills compared to those fed infant formula, and it's thought that this is due to an essential fatty acid in breast milk called docosahexaenoic acid (DHA). Now a new study has found that babies fed formula supplemented with DHA have higher cognitive skills than babies fed regular formula.
Medical News Today

Colo. man denies terrorist ties after NYC raids
NEW YORK -- A Colorado man denied Tuesday that he's a central figure in a terrorism investigation that fed fears of a possible bomb plot and led to several police raids in New York City.
Seattle Post Intelligencer

D.C. Start-Up Envion Aims to Turn Trash to Fuel
Plastic soda bottles, Big Gulp cups and empty sour cream containers get fed into the top of the three-story machine. About 10 minutes later, out the other side comes a light-brown synthetic oil that can be converted into fuel for a truck or a jet airplane.
Washington Post

Green activists are arrested
TWO people were arrested after Greenpeace activists chained themselves to a cargo ship in New Zealand today to protest against its shipment of animal feed produced at palm p
Scotsman

Economic Optimism Lifts Stocks, ETFs (Daily ETF Wrap-Up)
Market Wrap-Up A low inflation reading and a bright economic outlook have left traders bullish and some ETFs higher. After Tuesday's optimistic speech by Federal reserve Chairman Ben Bernanke, in which he declared the recession 'likely over,' the Fed reported Wednesday that industrial production outpaced analysts’ expectations. In August, manufacturers of food, cars, clothing and machinery boosted production by 0.8%, according to the Fed. (Analysts had expected a 0.6% increase.) Separately, traders welcomed a Labor Department report showing the Consumer Price Index rose 0.4% in August. The bump in the index, a bit higher than economists’ expectations, came largely from a rise in gasoline prices. Excluding food and energy prices, which tend to shift more wildly month to month, the core index rose 0.1%, alluding to an environment of low inflation. stocks rallied behind the news. The Dow Jones Industrial Average finished up 108 points, closing at 9792, capping its third straig
Smart Money

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