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updated 6:50 a.m. EST, Mon January 5, 2009

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Thirty targets were hit overnight in Gaza,  according to the Israeli military, including an  underground munitions bunker and what it said  was a mosque that was used to store a large amount of weapons. Despite the 10-day  campaign of Israeli airstrikes, Hamas rocket fire  into southern Israel persisted today. full story

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Israeli Troops Hold Positions in Gaza Israeli planes and ships  pounded targets in the Gaza  Strip, as tanks and troops  appeared to hold onto positions they took up in a weekend ground assault. U.S. Transition Slows Negotiations Egypt Is Caught in Border Dilemma Fight May Bolster Iranian Hard-Liners

Obama and congressional Democrats are  crafting a tax-cut plan to offer about $300 billion  in tax cuts to individuals and businesses. The  proposals, if enacted, in two years could have  more impact than either of Bush's tax cuts did in  their first two years.

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'Alternatives' Route Was Tough in 2008 As the market crashed last year, investors learned  a hard lesson: Efforts to cushion losses don't  always work. An Outlook for "Alternative" Investments Be Wary of Leveraged Funds How Well Do You Know ... the Fund Business?

Hispanics Face Wave Of Foreclosures A push to increase  homeownership among Latinos resulted in an increase in  nonprime lending. Now, many  Hispanics are mired in the housing mess. Graphic: Loan Types by District

Richardson Abandons Cabinet Bid More Headlines

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Treasury debt offerings are set  to surge even as investors may  start to prefer better yields. U.S. Futures Edge Lower Asia Stocks: Nikkei Rises 2.1% Europe Stocks: FTSE Gains 0.4%

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Consumers to Pare High-Tech Purchases

Georgia's governor is  proceeding with a $19 million dollar plan aimed at making the  state the most popular fishing  destination in the country.

 

 

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Ukraine Gas Dispute With Russia Heats Up Russia's dispute with Ukraine over natural-gas prices  descended into legal threats as  six countries said they had  begun to record slight supply disruptions.

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India Gives Pakistan Mumbai Evidence India gave Pakistan the most detailed evidence  yet that it says ties the militants who attacked  Mumbai to "elements" in Pakistan.

Pellegrini to Leave Paulson & Co. to Start Own Fund Paolo Pellegrini has resigned  from hedge-fund firm Paulson &  Co. and is expected to start his  own hedge fund.

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U.K. Market Regulator Toughens Approach Britain's markets regulator is becoming more  demanding and may impose costlier rules on  banks, abandoning its previous light touch.

TV and Web Marry After Long Courtship The goal of marrying television  and the Internet seems finally to  be picking up steam, as tech  companies plan to unveil a  series of initiatives.

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Why We Keep Falling for Financial Scams Psychologist Stephen  Greenspan explores why  investors continue to be  swindled -- and how he came to  lose part of his savings to Bernard Madoff.

For 2009, a To-Do List for Wine Taste a flight, find a new store and lose that old corkscrew. A  checklist of 20 things to try.

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Fantasy Resolutions for 2009 Remembering not to get too  high on star quarterbacks when  bargains like Kerry Collins will  do and dropping clichéd "Anchorman" team names.

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Real Estate U.K. Property Prices Signal Dismal '09 The pricing of derivatives  linked to U.K. property prices suggests that investors will  lose as much as 20% and that  a recovery in the property  market is still far off. A Family's Adventures Underground Heating Bills Remain High

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Musician Finds a Following Online A heartbroken musician  became an instant rock star  after word-of-mouth praise on  the Web attracted fans -- and  a record deal. Sizing Up Salaries Inside Franchisers

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