August 22, 2008 @ 2:30 pm
· Filed under news
A rising dollar pushes crude lower. Fed boss Bernanke says moderating inflation is welcome. Lehman Bros. shoots higher on takeover talk. Buffett says he's no longer selling dollars. Reports on existing- and new-home sales may pressure markets next week.
Permalink
August 22, 2008 @ 7:21 am
· Filed under news
On a hazy afternoon in late July, I'm floating in waist-deep water off the South Fork of Long Island, my bare feet strapped onto what looks like a skateboard without wheels. Walker Brock, the 27-year-old owner of Skywalk Kiteboarding of Charleston, S.C., and East Hampton, N.Y., stands behind me like an anchor. Both of us grip the same footlong bar attached to a giant kite that is twisting and turning violently in the wind about ten feet above us. Brock asks if I'm ready, and when I nod, he lifts his hands from the bar and backs away from me.
Permalink