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Tuesday, May 20, 2008

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TODAY'S TOP 5
Video 1 1. Maria's Market Message

Video 2 2. Boone Pickens On Alternative Energy

Video 3 3. Peak Oil Worries

Video 4 4. Buffett's European Tour

Video 5 5. Stop Trading, Listen to Cramer!

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Texas Roadhouse CEO "Spots" Strategy To Cut Cattle Costs

Many restaurant owners are finding the economy these days as tough as an over cooked steak. But as Margaret Brennan blogs, the CEO of Texas Roadhouse restaurants has "spotted" a way to try and keep his prices down and his customers coming in... Click here to read more.

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FED MINUTES: The market anxiously waits to read the Fed's tea leaves when the FOMC Minutes are released at 200p ET Wednesday. Will the minutes reveal whether the Fed is done cutting rates and ready to reverse direction? What's the thinking for our inflation nation in the Fed Forecast? Steve Liesman reads between the lines to offer analysis.

BIG OIL ON THE HILL: The Senate Committee on the Judiciary is scheduled to hold a hearing "Exploring the Skyrocketing Price of Oil" on Wednesday. The House will hear from the executives on Thursday. Testifying will be executives from ExxonMobil, Chevron, Shell, ConocoPhillips, and BP. Hampton Pearson is on the hill with the headlines.

THE SUV GLUT: Phil LeBeau looks at a large portion of America that's "stuck" in an SUV catch-22. Used SUV prices have plummeted to the point people who want to sell them will get nowhere close to their value. But, if you keep them, the gas prices are steep.

FRETTING OVER THE FHA: The house and senate continue to debate the details of the housing bill, and questions remain among spectators as well. Diana Olick asks: what are they really doing with the FHA? Will the new regulations really get enough people out from under the grip of foreclosure?

BASKETBALL'S LADY LUCK: Tuesday night's NBA draft lottery determines in what order NBA teams will select prospects in this summer's draft. Who wins, who loses? And how much can one pick mean to a team's future? Darren Rovell reports.

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