PRESS DIGEST - Washington Post Business - Aug 23
WASHINGTON, Aug 23 (Reuters) - The Washington Post included the following items on the front page of its business section on Saturday.
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U.S. stocks regained some ground on Friday, ending a volatile week of trading as oil prices resumed their descent and Federal Reserve Chairman Ben Bernanke helped calm investors' fears about inflation.
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JACKSON HOLE, Wyoming - Bernanke laid out his views of how the Fed should position itself to try to prevent or ease future financial crises.
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Some airlines have been curtailing perks and adding fees, even for their most loyal customers.
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A top concern of Treasury Secretary Henry Paulson as he ponders whether to pull the trigger on a rescue plan for giant mortgage financiers Fannie Mae (FNM.N) and Freddie Mac (FRE.N) is the fate of its "preferred" shareholders, which include U.S. regional and community banks and central banks around the world, according to analysts.
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OMAHA - Two long-term views of the U.S. economy were on vivid display here, with super investor Warren Buffet saying the U.S. economy is only experiencing a correction while many others fear it is headed to disaster.
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WASHINGTON - The U.S. District Court in Washington upheld the Sarbanes-Oxley Act designed to protect investors from repeats of the Enron and Worldcom scandals. (Reporting by Diane Bartz)
