No need for California IOUs this month: controller (Reuters)

Reuters - California's revenue in August came in at $264.6 million, or 3.9 percent, above the forecast in Governor Arnold Schwarzenegger's state budget proposal so the state will not need to issue IOUs this month, State Controller John Chiang said in a statement on Thursday.

New report: more grandparents raising grandkids (AP)

AP - The number of U.S. children being raised by their grandparents rose sharply as the recession began, according to a new analysis of census data. The reasons, while somber, were not all economic.

Gulf compensation chief retreats from promises to speed claims process (Exclusive to Yahoo! News)

Exclusive to Yahoo! News - Just over two weeks ago, Kenneth Feinberg took over the process for handling damage claims from the Gulf oil spill, pledging to cut down the response time from BP’s widely criticized system to two days for individuals and seven days for businesses that file fully documented claims.

Summary Box: Gold slips on economic news (AP)

AP - RISK APPETITE: Gold prices slipped after reassuring reports on the U.S. jobs market and trade created some optimism about the economy. The development spawned more appetite among investors for assets viewed as riskier than gold.

Gold slides on reassuring jobs, trade reports (AP)

AP - Gold prices slid Thursday after reassuring reports on the U.S. jobs market and trade created some optimism about the economy.

Fears of a second recession ease, at least for now (AP)

AP - No, the economy isn't roaring ahead. And no, companies aren't making lots of job offers. But a fresh batch of economic data Thursday at least eased summertime fears that the economy might be on the brink of another recession.

Fears of a second recession ease, at least for now (AP)

AP - No, the economy isn't roaring ahead. And no, companies aren't making lots of job offers. But a fresh batch of economic data Thursday at least eased summertime fears that the economy might be on the brink of another recession.

APNewsBreak: Haley biz didn't pay taxes on time (AP)

AP - Records show the business owned by the family of South Carolina Republican gubernatorial candidate Nikki Haley has been penalized for failing to pay taxes three times since 2003.

Obama's blunt take: Poor economy hurts Democrats (AP)

AP - The Democrats are going to lose this fall if voters render judgment on the nation's sputtering economy. That's not the forecast of some political analyst or the wishful thinking of a Republican leader. It's the blunt acknowledgment from President Barack Obama himself.

A better way to faster cures (Politico)

Politico - Opinion: Creating new miracle drugs is hard — and getting harder.

Oil gives back early gains, settles lower (AP)

AP - Oil prices fell back on Thursday, after getting an early boost from lower jobless claims and crude inventories.

Teamsters Support Steelworkers Trade Case Against Illegal Activities By China (PR Newswire)

PR Newswire - USW Case Exposes Violations of Trade Law by China in Effort to Dominate Alternative and Renewable Energy Industry

Haley Barbour, race, Ole Miss _ from black perspective (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — It's hard to believe that Haley Barbour and Verna Bailey attended the same University of Mississippi in 1965, and even sat next to each other in a class.

United States reach basketball semis

The United States are through to the semifinals of the world basketball championships after defeating Russia 89-79 in Istanbul on Thursday.

Retire Rich While Others Work Forever (The Motley Fool)

The Motley Fool - The looming cloud hanging over our collective financial future has a big, fat silver lining -- if you bother to look for it.

A look at economic developments around the globe (AP)

AP - LONDON — A leading international economic body said the global economy will recover slower than expected, but that a double-dip recession remains unlikely. The Paris-based Organization for Economic Cooperation and Development cautioned governments around the world against hurting the economic recovery by reducing spending too much and too soon.

Obama admonishes pastor to call off Quran 'stunt' (AP)

AP - President Barack Obama sternly admonished a Florida pastor Thursday and appealed to him to call off plans to torch the Quran, saying Saturday's planned protest on the anniversary of the Sept. 11 terror attacks was a dangerous "stunt" that could imperil U.S. troops abroad and incite suicide bombers on American soil.

Who Wants to Be Next Mayor of Chicago? (Time.com)

Time.com - The floodgates have opened with Richard Daley's surprise decision not to run for a seventh term. But the wannabes don't have much time.

Wall Street buoyed by upbeat economic data (Reuters)

Reuters - Stocks rose modestly on Thursday as better-than-expected jobs and trade data added to optimism over the economic recovery.

Wis. reaches deal on military, overseas voting (AP)

AP - Wisconsin election officials and the U.S. Department of Justice have reached an agreement on how the state will comply with a new law designed to ensure all military and overseas voters have their ballots counted.

Ford summons dealers to discuss Lincoln's future (Reuters)

Reuters - Ford Motor Co will host a meeting for its Lincoln dealers in early October to discuss its plans for re-energizing a brand that has long trailed luxury market competitors such as Cadillac and Mercedes.

Obama: Minister must cancel Quran-burning 'stunt' (AP)

AP - President Barack Obama implored a Florida minister to call off his Quran-burning "stunt," saying it would jeopardize U.S. troops abroad.

Patriots QB Brady unhurt in wreck near Boston home (AP)

AP - New England Patriots quarterback Tom Brady was in a two-car accident near his home Thursday morning, but was unhurt and hours later practiced as usual with his team just days before the season opener.

Highway deaths fall to lowest level since 1950 (AP)

AP - Traffic deaths have plummeted across the United States to levels not seen in more than a half-century, spurred by technology, safety-conscious drivers and tougher enforcement of drunken driving laws.

Texas officials stop search for 2 missing swimmers (AP)

AP - Authorities in Texas say it is unlikely they will find alive two missing swimmers swept away by floodwaters from the remnants of Tropical Storm Hermine (hur-MEEN').

McDonald's France lags in August, shares fall (Reuters)

Reuters - McDonald's Corp's European sales growth fell in August from the sizzling levels it experienced for much of the year due to weakness in France, which generates the company's biggest European sales, and its shares fell nearly 3 percent.

Laura Bush to speak at 9/11 memorial fundraiser (AP)

AP - Former first lady Laura Bush will speak at a National Park Foundation fundraiser in Pittsburgh on Friday, a day before joining Michelle Obama in rural Pennsylvania to remember the victims of Flight 93, which crashed there in the Sept. 11 attacks.

BONFIRE OF THE INSANITIES (Ann Coulter)

Ann Coulter - In response to Gen David Petraeus' denunciation of Florida pastor Terry Jones' right to engage in a symbolic protest of the 9/11 attacks by burning copies of the Quran this Sept. 11, President Obama said: "Let me be clear: As a citizen, and as president, I believe that members of the Dove World Outreach Center have the same right to freedom of speech and religion as anyone else in this country."

FBI agents visit Florida church over Quran burn (AP)

AP - FBI agents visited Thursday with a minister of a small Florida church that plans to burn the Quran on Sept. 11, as public safety became a paramount concern and President Barack Obama added his voice to the chorus of opposition.

Gulf oil dilemma: accept payout from BP or sue? (AP)

AP - Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing.

CA-CANADA Summary (Reuters)

Reuters - Canadian Finance Minister Jim Flaherty said on Thursday he is concerned by the record high trade deficit Canada had in July and he called on the private sector to step up investment to improve productivity and help support economic growth. Canada's monthly trade deficit in July rose more than expected as anemic demand from the United States sapped exports, while imports surged to their highest level since November 2008.

Miller Marks Wilson's 'You Lie!' Anniversary (CQPolitics.com)

CQPolitics.com - To mark the one-year anniversary of Rep. Joe Wilson's (R-S.C) infamous "You lie!" moment, his Democratic opponent sent a fundraising solicitation Thursday morning entitled "Joe Wilson's Shame."

As Wall Street Sheriff, Coffey would be discreet (Reuters)

Reuters - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to police Wall Street and called Democratic rivals career politicians fixated on becoming governor.

(AP)

AP - Appeals court allowing federal funding of stem cell research to proceed temporarily.

Appeals court blocks Pa. town's immigration law (AP)

AP - A federal appeals court ruled Thursday that Hazleton, Pa., may not enforce its crackdown on illegal immigrants, dealing another blow to 4-year-old regulations that inspired similar measures around the country.

Irish bonds rebound, banks hold ground after Anglo (AP)

AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.

Merkel: economic upswing should benefit workers (AP)

AP - German chancellor Angela Merkel said Thursday the current economic upswing should benefit workers who were hit by the economic and financial crisis.

New York finally sees progress at Ground Zero site (Reuters)

Reuters - Nine years after the September 11 attacks, visible progress is finally being made toward rebuilding the World Trade Center site known as Ground Zero.

Report: LA officer involved in previous shootings (AP)

AP - The police officer who shot and killed a knife-wielding man whose death has sparked three days of violent protests in Los Angeles had been involved in two previous shootings while on duty, according to a media report.

4 States Prepare Legal Assault On California's Climate Law

What's Your Reaction? The attorneys general of at least four states are preparing to sue California if the state's landmark law limiting greenhouse gas emissions survives a challenge at the ballot box this November.

169 homes destroyed in Colorado wildfire (AP)

AP - Hundreds of residents evacuated by a wildfire that has destroyed at least 169 houses in the Colorado foothills were being temporarily allowed back to their homes Thursday.

Data shows economic recovery still on track (Reuters)

Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

Data shows economic recovery still on track (Reuters)

Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

Backers of NYC mosque appear divided, regretful (AP)

AP - The backers of a proposed Islamic center near ground zero are expressing regrets about creating a firestorm with a plan they thought would be simple and noncontroversial.

Five states attract Rs 50L cr investment proposals

Agencies New Delhi Sept 9: Five states, including Gujarat, Maharashtra, Orissa, Andhra Pradesh and Karnataka, attracted about 50 per cent of the total Rs 105 lakh crore investment proposals made in 20 states, a study has said.

Obama adviser nudges Russia on democracy (Reuters)

Reuters - Russia should uphold democratic rights and increase political competition if the Kremlin's plans to modernize its economy are to become reality, President Barack Obama's top adviser on Russia said on Thursday.

Md. flier ban may be unconstitutional (Politico)

Politico - Does a Maryland judge's ban on certain campaign fliers violate the First Amendment?

APNewsBreak: NY to seek info on cleanser contents (AP)

AP - Consumers will get a newly detailed look at exactly what's in common household cleansers, as regulators plan to start enforcing a nearly 40-year-old state law that would force manufacturers to reveal their products' contents.

Biden thanks Bush, troops on ‘The Colbert Show’ (The Upshot)

The Upshot - Vice President Joe Biden publicly thanked former President George W. Bush for his role in helping to end major combat missions in Iraq, allowing that even though they had disagreed on "policy," the 43rd president deserves "a lot of credit." Appearing on "The Colbert Show" Wednesday night during a week of episodes devoted to honoring [...]

Struggling Spain OKs labor market reforms (AP)

AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.