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News Alert: A Volatile Wall Street Ends the Day Flat

Breaking News Alert
The New York Times
Friday, August 5, 2011 -- 4:18 PM EDT
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A Volatile Wall Street Ends the Day Flat

Stock indexes on Wall Street bounced around like a yo-yo on Friday, a day after they lost 4 percent of their value.

After a quick sigh of relief on better-than-expected jobs numbers at the opening, Wall Street moved lower as fears continued to hang over markets that the United States and Europe were not doing enough to counter their economic problems.

The three major Wall Street indexes were all over the map at the close, just as they were during the day. The Dow Jones industrial average was up 60.93, or 0.54 percent, to 11,444.61. But the broader Standard & Poor's 500-stock index was off less than a point to 1,199.37. The Nasdaq index, meanwhile, was down 23.98 points, or 0.94 percent, to 2,532.41.

Read More:
http://www.nytimes.com/2011/08/06/business/daily-stock-market-activity.html?emc=na

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NSF Grants Foster Understanding of Biological Systems on Regional to Continental Scales

NSF Grants Foster Understanding of Biological Systems on Regional to Continental Scales
Fri, 05 Aug 2011 12:14:00 -0500

Biological sciences writ large, it might be called.

To better detect, understand and predict the effects of climate and land-use change on organisms and ecosystems at regional to continental scales, the National Science Foundation (NSF) has awarded 14 grants in "macrosystems biology."

How will the biosphere respond to natural and human-induced changes across a range of time and space scales? What is the pace and pattern of the responses? What is the effect on ecosystem ...

More at http://www.nsf.gov/news/news_summ.jsp?cntn_id=121279&WT.mc_id=USNSF_51&WT.mc_ev=click

This is an NSF News item.

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Your Video Guide to the President's Week

Your Daily Snapshot for Friday, August 5, 2011   Your Video Guide to the President's Week  Welcome to the West Wing Week, your guide to everything that's happening at 1600 Pennsylvania Ave. This week, President Obama announced a bi-partisan compromise to reduce the deficit and avoid default, announced a historic fuel efficiency standard that will save American families money, welcomed the crews of the Space Shuttle Endeavour and International Space Station expedition 26, held a cabinet meeting and celebrated his 50th birthday. Watch the video  In Case You Missed It Here are some of the top stories from the White House blog. All About the So-Called “Super Committee” A senior White House official answers your questions about the joint committee that will be developing the bipartisan plan for reducing our deficit by $1.5 trillion  Tech Leaders Share Ideas on Job Creation and Innovation Some of Silicon Valley's most influential leaders joined Chief Technology Officer Aneesh Chopra to discuss how private/public sector collaborations can lead to job creation Happy Birthday, President Obama We've put together a photo gallery of all the President's who've celebrated their 50th birthday in office Today's Schedule  All times are Eastern Daylight Time (EDT). 10:00 AM: The President receives the Presidential Daily Briefing 11:00 AM: The President delivers remarks on the Administration's work to prepare our nation's veterans for the workforce     3:50 PM: The President departs for Camp David  Indicates events that will be live streamed on WhiteHouse.Gov/Live Get Updates  Sign up for the Daily Snapshot  Stay Connected     Facebook Twitter YouTube Flickr iTunes        This email was sent to filter@clubhouseb.com Manage Subscriptions for filter@clubhouseb.com Sign Up for Updates from the White House Unsubscribe filter@clubhouseb.com | Privacy Policy Please do not reply to this email. Contact the White House The White House • 1600 Pennsylvania Ave NW • Washington, DC 20500 • 202-456-1111

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News Alert: U.S. Economy Added 117,000 Jobs in July; Rate Falls to 9.1%

Breaking News Alert
The New York Times
Friday, August 5, 2011 -- 8:37 AM EDT
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U.S. Economy Added 117,000 Jobs in July; Rate Falls to 9.1%

Amid signs that the United States economy continued to wobble, employers added 117,000 jobs in July, the Labor Department reported on Friday.

That figure, the strongest performance since April, was not high enough to assuage fears of a renewed recession.

But it did give some cause for optimism during a tumultuous time for the economy. Unemployment fell a notch, to 9.1 percent from 9.2 percent.

The Labor Department also revised its estimate of job growth in June to 46,000 from the previously reported 18,000.

The latest employment reading came as investors are showing an escalating unease with the world economic outlook, with stocks on Wall Street falling by more than 4 percent on Thursday alone and 10 percent over the last two weeks.

Read More:
http://www.nytimes.com/?emc=na

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News Alert: Disapproval Rating of Congress at a Record 82 Percent, Poll Finds

Breaking News Alert
The New York Times
Thursday, August 4, 2011 -- 6:31 PM EDT
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Disapproval Rating of Congress at a Record 82 Percent, Poll Finds

The debate over raising the debt ceiling, which brought the nation to the brink of default, has sent disapproval of Congress to its highest level on record and left most Americans saying that creating jobs should now take priority over cutting spending, according to the latest New York Times/CBS News poll.

A record 82 percent of Americans now disapprove of the way Congress is handling its job — the most since The Times first began asking the question in 1977, and even more than after another political stalemate led to a shutdown of the federal government in 1995.

More than four out of five people surveyed said that the recent debt ceiling debate was more about gaining political advantage than about doing what is best for the country. Nearly three-quarters said that the debate had harmed the image of the United States in the rest of the world.

Read More:
http://www.nytimes.com/2011/08/05/us/politics/05poll.html ?emc=na

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