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Oil below $73, eyes Fed speech

Oil eased below $73 a barrel on Friday, tracking back from a seven-week high, as caution braked gains ahead of further pointers on the economic health of the United States, the world's top energy consumer.

Stock futures signal losses; housing data eyed

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Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500 down 0.12 percent, Dow Jones futures down 0.39 percent and Nasdaq 100 futures down 0.42 percent at 0730 GMT.
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Clunker rebates to end on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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China jails four for Tomato Garden Microsoft piracy

A Chinese court has jailed four people for spreading their bootleg Tomato Garden version of Microsoft's Windows XP program, in what the Xinhua news agency called the nation's biggest software piracy case.
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Nikkei slips, dragged down by carmakers

Japan's Nikkei stock average slipped on Friday as automakers slumped ahead of the end of the U.S. cash for clunkers program and prompted investors to sell broadly ahead of the start of Chinese stock trading.
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U.S. starts long, gradual and fragile recovery

The U.S. economy is recovering more strongly than expected from its worst recession in decades, but next year will be lackluster and risks of a double-dip downturn remain, economists said in a Reuters poll.
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US economy data mixed but stronger rebound seen

Upbeat manufacturing data and weak labor market numbers painted a mixed picture of the U.S. economy on Thursday, while economists forecast it is recovering more robustly than expected from its worst recession in 70 years despite worries about a double-dip recession.
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U.S. to end clunker rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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U.S. to end

The U.S. government said it will suspend its popular
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Obama stands by public option in healthcare debate

U.S. President Barack Obama stood by proposals to create a government-run health insurance program on Thursday while insisting the move was merely one element of a wider plan to reform the industry.
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U.S. to end clunkers rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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Frustrated tweets new headache for airlines

Indignant letters, e-mails and phone calls can still get results for unhappy airline travelers, but more are finding that if you really want to vent your frustrations, you can now be loud and fast and public.
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Daily Wrap Up - August 20 Tech

Apple is speculated to roll out a new Apple TV within the next several months, according to Piper Jaffray analyst Gene Munster. Apple has strong incentive to build a new set-top if it decides to offer a subscription service for iTunes video.
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U.S. cash-for-clunkers program to end Monday

The popular U.S. government cash-for-clunkers program, offering rebates of up to $4,500 to car buyers trading in older, fuel-thirsty vehicles, will end on Monday, the Transportation Department said on Thursday.
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Ryan Jenkins, I love money star may be in Canada

Ryan Alexander Jenkins, contestant of Megan Wants a Millionaire and I love Money 3, is believed to hiding in Canada after police want to question him in connection to the death of his ex wife.
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Wall Street gains on factory data, China

Stocks rose for a third straight session on Thursday with financial stocks leading gains after U.S. manufacturing data and a rebound in Chinese stocks reassured investors.

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