Morning News

• Futures are pointing to a flat open this morning.

• September Federal Budget 2 pm.

• Weekly Jobless Claims 8:30 am.

• August International Trade 8:30 am.

• September Import Prices 8:30 am.

• Weekly Oil Inventories due out at 10:30 am today due to the holiday this past monday.

• Google Inc (GOOG) and Comcast Corp. (CMCSA) in serious talks with Time Warner Inc. (TWX) about buying stake in American Online.

• Phillip Bennett former chief executive of Refco Inc. charged with securities fraud yesterday. He is accused of hiding up to $545 million in depts from federal regulators and investors.

• United Airlines to bring back up to 300 pilots in 2006.

• Crude Oil currently $64.14

• Wholesale Gasoline $1.82 per gallon.

• Natural Gas $13.47 per unit.

• Gold is $474.70 per ounce.

Budd Foxx