2:07pm ET, Fri 25 Jul 200814

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DJIA: 11379.24 29.96  |  NASDAQ: 2308.41 28.30
 

Worst over for drivers as pump prices slide: AAA 1:09pm ET

NEW YORK (Reuters) - U.S. retail gasoline prices have fallen more than 10 cents per gallon in a week and could fall another 25 cents by the end of summer, a sign the worst is over for U.S. motorists this vacation season.  Full Article
 
World trade talks revived by "encouraging signs" 1:58pm ET

GENEVA (Reuters) - Troubled global trade talks showed encouraging signs of edging towards a deal on Friday after crunch negotiations among seven key countries produced elements of a compromise, ministers and officials said.  Full Article 

Investing

MARKETS:
Dow, S&P 500 briefly turn negative on financials 12:59pm ET

NEW YORK (Reuters) - The Dow and S&P 500 moved into negative territory on Friday, erasing earlier gains after Standard & Poor's said it may cut the subordinated debt and preferred stock ratings of Fannie Mae and Freddie Mac Full Article 

Travel Web sites to battle in Asia

U.S. Internet travel companies are preparing to slug it out for dominance in Asia, where economic growth and increasing Web usage make the region a tempting target.  Full Article 

New heights in market angst

It is something of a truism to say that investors are worried -- they nearly always are. But with the global asset rally close to its fifth year, a new level of angst is being reached in some quarters.  Full Article 

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Business

Chrysler's financial arm to stop leasing vehicles 1:53pm ET

DETROIT (Reuters) - Chrysler LLC's financial arm is planning to stop offering vehicle lease options to consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday.  Full Article 

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Water-cooler romance

If it seems like more people are flirting around the water cooler at your office these days, it may not be your imagination. Four out of 10 workers admit to being involved with another colleague at some point, a survey showed.  Full Article 

News

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article