- The U.S. government is taking over Fannie Mae and Freddie Mac in an effort to save the mortgage industry and keep the whole show from going over the cliff.
- U.K.'s producer prices fell 0.6% in August
- Hurricane Ike is currently headed toward Texas or Louisiana.
- (Reuters) - Global meat consumption is expected to rise about 20 percent higher by 2015 due to Chinese demand.
- (Bloomberg) - With rising fuel prices China's extensive rail network looks set to triple intermodal transport by moving 10 million TEU in three years compared to 3.5 million in 2007.
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