Tuesday, September 9 - More From GMR8 - KAIT Jonesboro, AR - Region 8 News, weather, sports

Yalanda Young Reports

Tuesday, September 9 - More From GMR8

Here are your Local Headlines and More from Tuesday's Good Morning Region 8.

Mayoral Forum -- Hear what the candidates for Jonesboro Mayor had to say Monday night in the first Debate.

Tracking Hurricane Ike -- Click Here to track the path of Hurricane Ike as it inches closer to the Gulf of Mexico.

Red Cross Preparations -- The American Red Cross is getting ready for Hurricane Ike. Click for details on how you can help at your local Red Cross.

Arkansas Rice Crop Suffers -- Gustav destroys as much as 30-40% of the state's rice crop.

Manila Millage -- The school needs to pass a millage for new elementary building.

Troop Pullout -- President Bush says he'll pull out 8,000 troops by February, 2009 if security in Iraq continues to improve.

Rice Race Issue -- Condoleezza Rice says there are "too few blacks" in the State Department. What do you think about what she has to say?

Fantasy Football Costing Businesses $50 million -- Business experts say employees are creating and trading on their Fantasy Football teams for at least one hour a day, costing employers $50 million in lost revenues.

Free!!! Men's Health Fair -- Arkansas Methodist Medical Center in Paragould hosts Health Fair from 8 am - 4 pm Tuesday, Sept. 9.

Money Scope Report --

The bailout of Fannie Mae and Freddie Mac has had an immediate impact on the mortgage market.  Interest rates on 30 year fixed-rate mortgages have plunged, falling to near 6% from about 6.5% on Friday. This is good news for anyone looking to buy a home, refinance their mortgage, or with an adjustable rate mortgage. And rates are expected to fall further in coming weeks.

Prices at the pump have fallen again. The government says the average gallon of regular gas is now $3.65, down 3 cents from last week. That's the eighth straight weekly decline. But prices are still 29% higher than this time last year.

United Airlines stock experienced some turbulence Monday after a story about it's 2002 bankruptcy filing showed up on a newspaper website as if it were new. Shares plunged more than 75% before trading was halted. But by the end of the day, they recovered most of their value. It's not known how much money was made or lost. United emerged from bankruptcy in 2006.

A judge has permanently barred a Harry Potter fan from publishing an encyclopedia about the boy wizard. Author JK Rowling had argued that the book would be an infringment of her copyrighted work since it contained no original material. The publisher had claimed the encyclopedia would be a reference book and exempt from the copyright laws.

The slumping economy is taking a toll on sales of smartphones. Growth in sales of phones such as the Blackberry and i-phone slowed in the second quarter. Sales rose only 16% versus 55% from a year earlier.  But that was before the new i-phone 3-G was released, which is expected to boost sales in the second half of the year.

Health Watch -- More and more Grandparents are becoming legal guardians for their grandchildren. But health experts say that comes with hardships.

Rosa Foster has four grandchildren. She doesn't just see them on weekends and holidays, they live with her full-time. 19-year-old Rakim moved in when he was 2. Then came the twin girls and finally Raquel.

"They taught me a lot, I became a real juggler."

Rosa says she was awarded custody of her daughter's children.

"It's not been a picnic all the time, it's been hard."

Psychologist Nadine Kaslow says grandparents can often experience financial, emotional and physical stress when taking on such a challenge.

"It can compromise their health and you often see people having aches and pains or sort of headaches and stomach aches."

Rosa remembers years when she didn't get much sleep as she worked two jobs, putting her own life on hold.

"Make sure you're up for the challenge because if you're not you're going to break some kids hearts. I wouldn't have it any other way. They're my grandkids and i love them."

Mr. Food -- Double Chocolate Chewies

 

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