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CNNW EarlyStart August 1, 2012



plus, a young woman who pulls a car off of her father saving his life. like a scene out of superman. you have to see this. pretty incredible. up first, the golden girls. of course, everyone still talking about the magical night for the u.s. women s gymnastics team. they routed the russians and everyone else on their way to the gold medal in the team competition. take a look, folks. michael phelps cementing his legacy. he is now the most decorated olympian of all time. winning his record breaking 19th medal and adding another gold just for fun to his all-time mark. amanda davies is live in london. amanda, the debate is raging this morning. also here, mr. john berman and i have been debating this. is michael phelps the best olympian ever? reporter: morning. i ll tell you, there s no debate about the fact it was stars and stripes all the way here at the olympics last night. but it s a really difficult question to answer that. it is the topic of conversation across brea ....

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CNNW Your Money July 29, 2012



two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there are investments. your i.r.a., your 401(k), your pensions. they re a second road to prosperity. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal wealth that shows signs of some brightness. home prices may have hit bottom and are finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest rates are at historic lows. but that s little consolation to scores of homeowners who have seen the value of their homes on average shrink by a quarter since the beginning of th ....

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