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On the Radar: Obama bus tour, Aruba missing case, market turmoil

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hatien


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Obama on tour: President Barack Obama is expected to talk about strategies for creating jobs and improving the economy during a three-day bus tour through part of the Midwest beginning Monday.

"Many Americans are hurting badly right now. Many have been unemployed for too long. Putting these men and women back to work, and growing wages for everyone, has got to be our top priority," the president said in his weekly radio address on Saturday.

Obama is scheduled to take a 360-mile trip through Minnesota, Iowa and Illinois, meeting groups of small-business owners and other people at rural events. On Monday, he'll have town hall events in Cannon Falls, Minnesota, and Decorah, Iowa.

On Thursday, the president and his family will head to Martha's Vineyard, Massachusetts – his summer vacation site of choice for the third straight year.

Missing in Aruba: A U.S. man being held in Aruba in connection with the case of a missing American woman will appear in court Monday, a judicial official said.

An investigating magistrate could order Gary Giordano, 50, held for at least eight more days, order him to remain on the island or release him due to a lack of evidence, according to Aruban Solicitor General Taco Stein.

Giordano was arrested by Aruban police on August 5, three days after Robyn Gardner, 35, was last seen near Baby Beach on the western tip of the Caribbean island.

Financial markets: This week could be just as bumpy as last week's wild ride, as Wall Street continues to deal with the fallout of S&P's downgrade, the problems in Europe and the fate of the U.S. economy, CNNMoney reports.

On Monday, investors will get the Empire Statement manufacturing index at 8:30 a.m. ET. The manufacturing survey fell into negative territory in July, which means manufacturing activity contracted during the period. Investors will be looking to see if that trend continues for a second month.

Retailers reporting their results Monday include Urban Outfitters and home improvement chain Lowe's. Analysts expect that Lowe's earned 66 cents a share and Urban Outfitters earned 32 cents a share.

source:CNN.com staff, The CNN Wire

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