MARKET UPDATE at 1:20 p.m. ET
DOW -172.42 
; NASDAQ -25.24 ; S&P 500 -24.03
EXCERPT FROM THE CONFESSIONAL
"I was glad to hear that David Friedman has realized that big men are looking for more than something to just cover themselves up with. As a large, gay "bear" with some sense of style, it is very frustrating [trying] to find nice clothes that last.... I applaud Friedman and Colossal for not only offering a better product with more style, but for focusing on the "bear" market...."
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LATEST NEWS FROM MARKETPLACE
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LATER TODAY ON MARKETPLACE
- Federal Reserve Chairman Ben Bernanke signaled today that the economy would continue growing at a slower pace. Amid concerns over recession, critics wonder if Bernanke is out of touch. Nancy Marshall Genzer has the story.
- Time Warner plans to test out a pay-per-download pricing structure for high-speed Internet service. Cyber surfers are not thrilled. Ashley Milne-Tyte has the story.
- Here's another example that Americans are turning green: Wind power has increased by 45 percent. Sarah Gardner reports.
Tune in to your local broadcast or
listen online STORIES FROM THIS MORNING
Writers strike boosts Sundance drama
Movie execs head to Utah hoping to find the next big box-office hit. And with potentially fewer films on the horizon, the competition could be fierce. Lisa Napoli reports.
Don't retire, work for Uncle Sam
The federal government is looking at a staffing crunch as a huge wave of employees readies to retire in the next five years. It could be a great opportunity for older workers. Danielle Karson reports.
A 'do-not-mail' list for catalogs
Billions of catalogs find their way into America's mailboxes every year. A new online service aims to slow down that flood of glossy paper. Lenora Chu reports.
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