Word: nearings
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...stocks headed back to the lows of mid-November, when the Dow sank to 7552? A further decline of 5% or so from Thursday's lows would put the market back near the November bottom. For stock-market technicians, a so-called double bottom, or return to prior lows, can be a healthy sign of base-building, which can set the stage for a sustained advance. But there are special risks related to any such swoon this time around: Bank stocks are among the market's weakest, and a further drop in their shares could place these institutions in jeopardy...
Every year at the end of August, the high priests of the U.S. financial system - the board of governors and staff of the Federal Reserve - gather at a remote resort high in the mountains near Jackson Hole, Wyo., and there, amid the Tetons, listen to lectures by invited economists on a variety of topics, hoping the fresh air and proximity to genuine cowboy bars might lead to clear thinking and sound economic policy...
...reality is that Western reporters have done little reporting from the front lines of this latest phase of the world's most reported conflict. Barred by Israel from entering Gaza even before the firing started, most foreign reporters can only get near the war zone by chasing down the occasional rocket sent by Hamas into Israel. Still, the press has once again found itself caught in a different kind of cross fire: the propaganda battle, across all media platforms, between Israel and Hamas (and the supporters of each) for international sympathy. And the reason Joe the Plumber is angry...
...crack down on the city's freelance gladiators - and has now decided that the best way to do that is to give travelers a more realistic experience. Umberto Broccoli, the recently named head of archaeology for Rome, is pushing ahead with a proposal to recreate gladiator battles in or near the Coliseum. Dressed in original costumes and carrying actual swords and tridents (unlike the plastic and aluminum toy replicas used by the current hustlers), well-trained gladiator actors will be choreographed to perform historically accurate battles like those that ended in death two millennia...
...That attack was followed by several more. On Jan. 11, a man surfing near Fingal Head in northern New South Wales was bitten on the thigh. Jonathon Beard, 31, made it to shore and survived after his friends used the leg rope from his surfboard to stem the bleeding...