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Deals of the Hour / August 30, 2010, 2:40 pm

2 new programs planned to help homeowners

WASHINGTON — The Obama administration's top housing official says several new programs are in the works to help try to revive the housing market. Housing and Urban Development Secretary Shaun Donovan said in an ... (Source: Post-Bulletin 2010-08-30T20:36:18Z)

Actor Nicolas Cage Speaks Out on Behalf of Gulf Coast Hurricane Survivors Ahead of ...

NEW ORLEANS , Aug. 30 /PRNewswire-USNewswire/ -- With tens of thousands of hurricane survivors still prevented from returning or rebuilding five years after Hurricanes Katrina and Rita -- and the Gulf Coast ... (Source: Earthtimes 2010-08-30T16:18:36Z)

EXTRA: German Bundesbank slams board-member for 'damaging' comments

Frankfurt - A statement released by the German central bank, the Bundesbank, Monday condemned its own board-meber Thilo Sarrazin for the views contained his book launched the same day. "The board ... takes the ... (Source: Earthtimes 2010-08-30T14:59:52Z)

TheGulfCafe.com, "Virtually the Best Seafood in the World," Celebrates Grand Opening on Hurricane ...

As the Gulf Coast remembers the devastation of Hurricane Katrina five years ago today, The Gulf Cafe (http://www.thegulfcafe.com) – an online fundraising effort to help those affected by the latest Gulf tragedy, the BP ... (Source: PR.com 2010-08-26T07:19:19Z)

Mikell reflects on Hurricane Katrina

PHILADELPHIA -- It's been five years since Hurricane Katrina devastated the Gulf Coast, changing millions of lives forever. Eagles safety Quintin Mikell, a New Orleans native, had family and friends who were ... (Source: Courier-Post 2010-08-30T10:56:29Z)

Sandra Bullock Opens Health Clinic at New Orleans High School

Sandra Bullock was one of the many celebs who chose to be in New Orleans on the fifth anniversary of Hurricane Katrina. The actress lives there part time, and has been actively involved in several local charities. This ... (Source: INF Daily 2010-08-30T15:42:49Z)

Federal Reserve poised to help economy, leader says

WASHINGTON — Faced with fresh evidence that the economic recovery is faltering, Federal Reserve Chairman Ben Bernanke pledged that the central bank stood ready to redouble efforts to prevent the nation from slipping ... (Source: Houston Chronicle 2010-08-29T01:53:38Z)

PEOPLE IN THE NEWS: Bullock marks Katrina anniversary

NEW ORLEANS - Five years after Hurricane Katrina, Oscar-winning actress Sandra Bullock returned Sunday to the New Orleans high school she helped rebuild for the opening of an on-campus health clinic. Bullock ... (Source: Indiana Gazette 2010-08-30T13:48:17Z)

White House to offer homeowner aid

"The July numbers were worse than we expected, worse than the general market expected, and we are concerned," Donovan said on CNN's "State of the Union." "That's why we are taking additional steps to move ... (Source: Olympian 2010-08-30T07:07:25Z)

Hurricane Earl Path, Growing Hurricane Threatens North Caribbean

SAN JUAN, Puerto Rico (AP) - Hurricane Earl lashed northern Leeward Islands with heavy rain and strong winds Monday after strengthening into a Category 2 storm. Hotels were shut tightly overnight as tourists ... (Source: KSAX 2010-08-30T21:12:06Z)

Bayou La Batre Hurricane Survivors Remember the Wrath of Katrina

(BAYOU LA BATRE, Ala.) Although five years have passed since the wrath of Hurricane Katrina hit the Gulf Coast, the painful memories of the storm live on through the people who lost so much. When the record breaking 16 ... (Source: msnbc.com 2010-08-30T16:47:14Z)

US to aid jobless homeowners

Sales of new homes unexpectedly dropped in July to the lowest level on record, signaling that even with cheaper prices and reduced borrowing costs the US housing market is retreating. Purchases fell 12 percent ... (Source: Boston Globe 2010-08-30T13:12:30Z)

US, Europe stocks lower at start of busy US data week; Nikkei rallies as central bank ...

LONDON - European and U.S. stock markets fell Monday as investors started an extremely busy economic news week cautiously. Asian stocks closed higher after the Bank of Japan announced a further easing in ... (Source: Minneapolis Star Tribune 2010-08-30T14:31:14Z)

Econo Lodge and Rodeway Inn Sponsor Rebuilding Dreams Together - The National ...

Treva ? Treva is a 68 year old woman in Oklahoma City whose home is in need of repair following a severe hail storm in May. Her home is nearly collapsing as she struggles to care for her 30 year old daughter ... (Source: Earthtimes 2010-08-30T18:34:37Z)

Hurricane Earl Gains Power, Moves Over Caribbean

(CBS/AP) Hurricane Earl lashed northern Leeward Islands with heavy rain and strong winds Monday after strengthening into a Category 2 storm. Hotels were shut tightly overnight as tourists sought shelter inside their ... (Source: WLTX.com 2010-08-30T13:12:30Z)

Remarks by the President on the Fifth Anniversary of Hurricane Katrina in New Orleans ...

THE PRESIDENT: Hello, everybody. It is good to be back. (Applause.) It is good to be back. AUDIENCE MEMBER: It's good to have you back! THE PRESIDENT: I'm glad. (Laughter.) And due to popular demand, I ... (Source: Whitehouse.gov (press release) 2010-08-29T20:44:39Z)

Fed ready to take steps if economy worsens

JACKSON HOLE, Wyo. — Federal Reserve chairman Ben Bernanke said Friday that the central bank was determined to prevent the economy from slipping into a cycle of falling prices, even as he emphasized that he believed ... (Source: Post-Bulletin 2010-08-28T02:44:56Z)

Transcript of Obama's remarks in New Orleans

Sunday, Aug. 29, 2010 | 2:10 p.m. Transcript of President Barack Obama's remarks at Xavier University in New Orleans on Sunday, as provided by the White House: OBAMA: Hello, everybody. It is good to be back ... (Source: Las Vegas Sun 2010-08-29T21:27:36Z)

Bullock marks Katrina anniversary at clinic

NEW ORLEANS (AP) — Five years after Hurricane Katrina, Oscar-winning actress Sandra Bullock returned Sunday to the New Orleans high school she helped rebuild for the opening of an on-campus health clinic. Bullock ... (Source: Baton Rouge Advocate 2010-08-30T17:51:40Z)

Hurricane Earl becomes Category 3 storm in the Caribbean with winds near 120 mph

MIAMI - Hurricane Earl has become a major hurricane in the Caribbean, reaching Category 3 status with maximum sustained winds near 120 mph (195 kph). Also, a new hurricane warning has been issued Monday for ... (Source: Minneapolis Star Tribune 2010-08-30T14:59:52Z)

PROFILE: Thilo Sarrazin - outspoken German central banker

Berlin - Thilo Sarrazin, a member of Germany's famously restrained central bank, is alternately seen as a "straight talker" who tackles tough subjects, or a loud-mouthed propagator of unsavoury views. Born in ... (Source: Earthtimes 2010-08-30T08:19:00Z)

TheGulfCafe.com to Raise Money for Gulf Oil Spill Relief by Serving "Virtually" the Best Seafood in

As the Gulf Coast remembers the devastation of Hurricane Katrina, The Gulf Cafe (http://www.thegulfcafe.com) will be opening its doors to raise money for those affected by the latest Gulf tragedy – the BP oil spill ... (Source: PR-USA.net 2010-08-21T16:00:39Z)

5 years after Hurricane Katrina, New Orleans is city 'between storms'

Tim Williamson was asked this month to assess the state of his native New Orleans after the disaster. "After the disaster?" the nonprofit CEO quipped, with a seen-it-all mordancy that's as common here as a pot ... (Source: PennLive.com 2010-08-29T03:26:42Z)

Japan's central bank boosts lending to chill yen's rise

TOKYO — The Bank of Japan convened a Policy Board meeting Monday to take new monetary easing steps to prevent further damage to the economy from the sharply rising yen and falling stock prices. The central bank will ... (Source: Joplin Globe 2010-08-30T20:36:18Z)

Obama's Remarks on the Fifth Anniversary of Hurricane Katrina

THE PRESIDENT: Hello, everybody. It is good to be back. (Applause.) It is good to be back. AUDIENCE MEMBER: It's good to have you back! THE PRESIDENT: I'm glad. (Laughter.) And due to popular demand, I decided ... (Source: RealClearPolitics 2010-08-28T23:59:07Z)

New Orleans: In a city always 'between storms,' hope and faith return

Aug 28: Five years after Katrina, its victims remain blown away by the storm Aug 27: Slide show: New Orleans, now and then Slide show: Hurricane Katrina 5-Year anniversary NEW ORLEANS -- Tim Williamson was ... (Source: San Jose Mercury News 2010-08-29T10:43:21Z)

Yen Rises on Speculation Bank of Japan Moves Won't Curb Gain

Aug. 30 (Bloomberg) -- The yen rose against the dollar on speculation the Bank of Japan's decision to increase credit- easing measures won't be enough to weaken the Asian nation's currency from near its ... (Source: BusinessWeek 2010-08-30T13:26:49Z)

Japan's central bank boosts lending to chill yen's rise

TOKYO -- The Bank of Japan convened a Policy Board meeting Monday to take new monetary easing steps to prevent further damage to the economy from the sharply rising yen and falling stock prices. The central ... (Source: Sacramento Bee 2010-08-30T18:13:08Z)

Divisive Banker to Remain at Bundesbank

BERLIN—Thilo Sarrazin is to remain a member of the Deutsche Bundesbank's board for the time being, the German central bank said Monday. But it said it would hold discussions with Mr. Sarrazin "without delay ... (Source: Wall Street Journal 2010-08-30T15:49:58Z)

Amid storms, hope, faith grow in New Orleans

NEW ORLEANS — Tim Williamson was asked this month to assess the state of his native New Orleans after the disaster. "After the disaster?" the nonprofit CEO quipped, with a seen-it-all mordancy that's as ... (Source: Courier-Journal 2010-08-29T10:07:34Z)

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