US regulators, exchanges move to squeeze insider trading. US regulators and ten stock exchanges, including the New York Stock Exchange, have forged a new alliance to clamp down on illegal insider trading, the Securities and Exchange Commission announced Wednesday.

SEC short selling rule made little impact: studies. U.S. regulators' emergency rule to restrict "naked" short selling in 19 major financial stocks had little impact and may have even backfired, two studies of the rule's effects showed on Wednesday.

Olympic golden record-breaker Bolt fastest on earth. Usain Bolt was crowned the world's fastest man when he raced to victory in the blue riband Olympic men's 100 metres final in a world record time of 9.69 sec Saturday.

Wall St. faces headwinds in dog days of summer. Wall Street investors ply the dog days of summer next week with few economic indicators on the calendar but stiff headwinds from volatile oil prices, rising inflation and slowing global growth.

China shares end down 5.34 pct. Chinese share prices closed down 5.34 percent Monday amid renewed worries about an economic slowdown and a share supply glut as selling restrictions were due to be lifted on billions of shares, dealers said.

Free Rides Spared For Philly Students. The Philadelphia School District has decided to scrap a plan to cut back its free student TransPass program.School Reform Commission chairwoman Sandra Dungee Glenn says no changes will be made in the TransPass..

Family of gay boy says dress code led to killing. The family of a gay teenager who was fatally shot in class is blaming the school district for allowing their son to wear makeup and feminine clothing to school factors the family claims led to the death.

Middle school principal arrested on DUI charges. Police arrested a principal in Lawrence Township overnight on a preliminary charge of drunk driving.

School District updates parents online. Palm Beach County parents get updates about schools online or by calling the school districts Emergency Hotline for updates about school openings.

SoCal School Has 'Horrendous' 58 Percent Dropout Rate. Amid the green lawn and leafy trees of the tidy Jefferson Senior High School campus, you'll see something troubling: a police officer patrols the grounds and a sign warns that guns are illegal.

Texas school district allowing teachers to carry guns. A Texas school district will let teachers bring guns to class this fall, the district's superintendent said on Friday, in what experts said appeared to be a first in the United States.

School finance debate heats up. The state's looming budget problems are giving an unsettling edge to what educators recently described as positive news about Kansas' public schools.

JPMorgan has $1.5 bln in Q3 mortgage asset losses. JPMorgan Chase & Co said it has racked up $1.5 billion of losses so far this quarter on mortgage-linked assets, reflecting deepening turmoil in credit markets.

JPMorgan shares tumble on widening 3Q losses. JPMorgan Chase & Co. shares tumbled nearly 10 percent Tuesday as the banks disclosure about escalating losses in its mortgage portfolio set off new concerns about the health of the overall financial sector. An analysts lowering of the banks earnings estimates and price target contributed to the decline.

Greenspan sees house price bottom in 2009: report. Former Federal Reserve Chairman Alan Greenspan predicts U.S. house prices will begin to stabilize in the first half of next year, even as he faulted the government's rescue of mortgage market giants Fannie Mae and Freddie Mac, the Wall Street Journal reported on Thursday.

Inflated appraisal nearly cost family its home. After 25 years as a doorman on Manhattans Upper East Side, Carl Petrone was ready to retire from the cold winters and his daily commute.

AP IMPACT: Weak rules cripple appraiser oversight. As soaring home prices set the stage for Americas great housing meltdown, a critical step in making sure those home sales were a fair deal -- the real estate appraisal -- was undermined from within.

School vouchers no substitute for parental involvement. "We shouldn't be trying to raise our test scores above Alabama's," state Sen. Eric Johnson pointed out in a recent speech on education.

California Homeschool Victory - a species of private school education. I like that. Homeschooling is "a species of private school education". My years of homeschooling was made legal by filing an affidavit establishing our school as a private school.

Editorial: State is obliged to clarify rules for home schooling. Toward the end of its face-saving decision last week allowing home schooling, a state appeals court offered a wise suggestion to the Legislature: Adopt a more definitive position on home schools.