Stocks rise as oil hits new record highs on price relief
Wall Street edged higher on Tuesday as oil futures surged to a record around 46.75 a barrel and the CPI showed July inflation cooled. The Dow added 18.28 to 9972.83, the S P 500 gained 2.37, and the Nasdaq rose 12.41, while housing construction jumped 8.3 percent, suggesting the economy remains resilient and offsetting energy costs.
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Gold futures rise to one month high on weaker dollar
Gold futures climbed to a one month high on buying tied to oil price strength and a softer dollar. The December contract settled $1.50 higher at $406.70 an ounce on Comex as funds returned, with analysts predicting further gains unless a dollar rally intervenes. Copper, silver, coffee, and cocoa also moved as Brazil's Santos port workers slowed operations and harvests edged forward amid forecasts of rain and cooler air.
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Sao Paulo
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Halliburton: Army to withhold 15 percent of payments
Halliburton says the Army will withhold 15 percent of payments on future invoices for logistical support to troops in Iraq and Kuwait. The company notes the extension for cost explanations expired, and the Army Materiel Command reportedly refused further extensions before enforcing the withholding clause. Halliburton has over $6 billion in Iraq invasion contracts and denies any wrongdoing.
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Halliburton Co
Iraq
Kuwait
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More bids for Gulf of Mexico offshore leases
New Orleans reports oil prices high and gas costs elevated as 421 bids from 45 companies were placed on 351 federal tracts in the western Gulf of Mexico. The tally surpasses last year’s 407 bids on 335 tracts.
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Associated Press
Birthday Announcements for Baytown Area Children
Multiple birthday notices list Kayler Marie Gibbs birthday on August 14 2004 to Stephen and Erica Gibbs of Mont Belvieu with relatives including grandparents Sandra Turbeville John Turbeville James Gibbs great grandparents A W Bletsch Deborah Kell and cousins Kaeden Grayson Austin. Additional notices: JACI GAYLE CHAMBERS age six to Gina Chambers Scott McGary Baytown with Cameron McGary. other children from Katy Mont Belvieu Baytown and Temple with extended family.
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Jason
Kim Novosad
Katy
Ashley Paige
Gary
Cheryl, Novosad
Baytown
Ron
Margie Boatman
Dorothy Leonard
Charlie
Betty Franta
John
Lorene Glaser
Temple
Kayler Marie Gibbs
Stephen
Erica Gibbs
Mont Belvieu
Keegan Anthony
Sandra Turbeville
John Turbeville
James Gibbs
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A.W. Bletsch
Deborah Kell
Eudora
Arkansas
Kaeden
Grayson
Austin
Jaci Gayle Chambers
Gina Chambers
Scott McGary
Cameron McGary
Steve
Sharon McCorquodale
Porter
Jeannie Flewellen
Dickie
Cathey McGary
Hombeck
James Chambers
Chris
Beckville
Eugene and
Collen Farek
Lois Chamblin
Jim
Peggy Chambers
Mariné McGary
Texas City
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