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  • Tens of thousands of Muslims begin a three-day march to mourn Ayatollah Mohammed Baqer al-Hakim, a revered Iraqi Shiite cleric killed by a car-bomb attack Friday. Al-Hakim, a long-time opponent of Saddam Hussein, was one of more than 100 people killed in the bombing of the Imam Ali Mosque in Najaf. Hear NPR's Ivan Watson.
  • The venerable New York investment firm Goldman Sachs has a long track record for producing political bigwigs. Treasury Secretary-nominee Henry M. Paulson Jr. has served as both chairman and CEO since 1999. The company boasts a return on equity of upwards of 40 percent.
  • Accepting the Republican nomination for a second term, President Bush outlines proposals addressing education, health care and other domestic issues, while attacking Sen. John Kerry. But the post-Sept. 11 world and war on terrorism dominate Bush's speech. Hear NPR's Mara Liasson.
  • Sonia Gandhi, heir to India's Nehru-Gandhi dynasty, gives up her chance to become prime minister, reportedly to protect her Congress Party's new government from attacks over her Italian birth. Manmohan Singh, architect of the country's financial reforms, is now seen as the favorite to become prime minister. NPR's Philip Reeves reports.
  • Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.
  • The Dow has fallen by nearly 450 points. A high London Interbank Offered Rate, the stock value of a money market fund that lost money in the Lehman Brothers collapse, and fears the government may be stretching itself too thin with the bailout of American Insurance Group may have all contributed.
  • The company that makes NECCO wafers may be closing. One 23-year-old candy fan offered her car for the company's stock of the candy.
  • The pink machine is next to the bakery for Sprinkles Cupcakes. It will be restocked 24 hours a day with up to 20 flavors.
  • Many people generate an immense amounts of digital data during a single day — often without a second thought. But Stephen Baker, a senior writer at BusinessWeek, warns that the information generated is being monitored by a group of entrepreneurial mathematicians.
  • Consumer prices rose 0.4% in August and 1.3% over the last 12 months. Some economists say that official measure understates inflation, because the pandemic has changed both what and how we buy.
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