Market's recent tailwind could die down

CBS.MarketWatch.com

NEW YORK (CBS.MW) -- In the holiday-shortened week to come, Wall Street's debate will likely continue on whether the recent tailwind that had been pushing stocks up will wither in the summer heat. See full story.

Weekend Edition: Testing the market, small investors are coming back

While many are still bearish after three years of declines, 18 months of corruption probes on Wall Street, and ominous predictions that the small investor will never come back, a different story is emerging across America. See full story.

Capitol Report: Tax cuts as political insurance

WASHINGTON (CBS.MW) -- With his signature, President Bush won't only be enacting the third-largest tax cut in U.S. history, he'll also be taking symbolic ownership of the U.S. economy for good or ill in his bid to get re-elected in 2004. See full story.

Tax bill to hit more Americans with dreaded AMT

SAN FRANCISCO (CBS.MW) -- The new federal tax law briefly stems the rise in the number of Americans subject to the alternative minimum tax, but will ensnare 1.6 million more taxpayers with the dreaded levy in 2005, experts said. See full story.

Media Report: Sci-Fi Channel explores new worlds

SAN FRANCISCO (CBS.MW) -- The depiction of stereotypical science fiction fans -- as seen in "Saturday Night Live" skits -- hopelessly myopic, technology obsessed, mostly male, familiar with every episode of "Star Trek" -- is funny because it exaggerates a level of devotion that's really out there. See full story.

Thom Calandra's StockWatch: Hong Kong to hang ten on Hang Seng

SAN FRANCISCO (CBS.MW) -- Is this the year Hong Kong stocks revisit their glorious returns of 1999? Hong Kong-based companies have enjoyed few, if any, of the stealth rallies that are lifting prospects for North American corporations. That's about to change for the teeming economic engine of what fund managers call "Asia-ex-Japan." See full story.

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