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The housing market takes its biggest plunge. How it can be turned around -- TONIGHT, ONLY on The CBS Evening News.

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QUOTE OF THE DAY
Those who dance are considered insane by those who cannot hear the music.
George Carlin


DID YOU KNOW?
On the new hundred dollar bill the time on the clock tower of Independence Hall is 4:10.


RIDDLE
Weight in my belly, Trees on my back, Nails in my ribs, Feet I do lack. What Am I?


ANSWER
Find out the answer in tomorrow's scoop. Good luck!


TONIGHT ON THE CBS EVENING NEWS

Here's a look at what we are working on for tonight's broadcast of The CBS Evening News:

Hi everyone,Katie is off tonight, I'm Harry Smith.

Despite low mortgage rates and bargain prices, July 2010 was the worst month for existing home sales in more than 10 years. Sales dropped by more than 27 percent to 3.83 million. Why the dramatic drop? And does it mean we're heading for a "double dip" recession? CBS News Senior Business Correspondent Anthony Mason will have that story tonight.

The Education Department today chose 9 states as winners of the "Race to the Top" grant competition. More than 13 million students and 1 million educators from Florida, Georgia, Hawaii, Massachusetts, Maryland, New York, North Carolina, Ohio, Rhode Island, and Washington, DC will share $3.4 billion. The program, part of President Obama's economic stimulus plan, rewards states for changes to struggling schools. CBS News Congressional Correspondent Nancy Cordes reports tonight on the effort to improve student achievement.

Beloved children's author Beverly Cleary may be 94 years old, but her books are still read by kids today. The children in her books don't have computers and Ipods so how is it that they're still resonating with youngsters? CBS News Ccorrespondent John Blackstone has the secret to her success, tonight.

See you tonight. Harry

Here's an early look at one of the stories we are working on for Wednesday night's broadcast of The CBS Evening News: Is there a double standard when it comes to ethics in Washington? CBS News Correspondent Sharyl Attkisson will look at the evidence Wednesday night, only on The CBS Evening News.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: evening@cbsnews.com


TONIGHT ON DAVID LETTERMAN
Actress Drew Barrymore tells Dave about her new movie, "Going The Distance" and how it felt to play opposite her "on-again-off again" boyfriend, Justin Long, especially in those steamy love scenes. Then you'll be treated to a musical performance by Katy Perry, who will be performing a song off of her new summer album: "Teenage Dream."


WEDNESDAY MORNING ON THE EARLY SHOW

Harry Smith, Erica Hill and Jeff Glor anchor from New York. Dave Price brings us the weather. Julie Chen is on assignment. Maggie Rodriguez is on maternity leave.

In addition to the day's top headlines, here's an early look at some of the stories we are working on for tomorrow morning's broadcast:

On Monday, State Troopers in Beevercreek, Ohio, released 19-year-old Brennan Eden after charging him with possession of alcohol, drug paraphernalia and drug abuse, however, while in custody, he was never tested. For some unknown reason, just twenty minutes later, Brennan was injured seriously after crashing into an overpass pillar on Interstate 675. The impact was so great that his out-of-control Pontiac Firebird "disintegrated" on contact. Investigators are still looking into the cause of the crash. You'll hear exclusively from Conrad Faraj, one of Brennan's closest friends about what he thinks could have caused his wild behavior. It is a mystery to Conrad; he knows Brennan well and says that he doesn't do drugs and drinks rarely.

To make ends meet in these challenging economic times, many professionals are taking on a second job to meet expenses. Called moonlighting, this practice has always been the norm for many blue-collar or workers in service jobs, but now with white collar workers in the mix this trend is on the rise. If you've decided to take on extra hours at another job, you will want to hear this report first. While this may provide the extra dollars you need to get by, it could cause you unexpected problems with your primary place of work. So you can make the right decision, workplace expert and author of The Go-Getter Girl's Guide, Debra Shigley, will explain the pros and cons of moonlighting; then she'll tell you what the best options are for a second job and how to make this added challenge work for you.

When you get ready to head to a car dealership for a fresh new set of wheels, you need some negotiating ammunition. You've seen the car commercials advertising APR and special lease offers but are those really the best deals? Let's face it, when you walk into a dealership, it is the salesman's job to get the most money he can from the client -- more money, means more dollars in his pocket. The salesman is only doing his job, now it's your job to turn the tables and get the lowest price available -- less dollars in his pocket but more dollars saved for you. To make sure you get the best deal possible, Early Show Consumer correspondent, Susan Koeppen brought in an expert who will tell you everything you need to know before you walk into the dealership. Together with Susan, Scott Painter founder of the website, TrueCar watched a couple, through hidden camera video, negotiate at the first dealership they went to and then analyzed what they were doing wrong. By the time they went to the third dealership, they were pros and walked away with a savings of $1,500.00 -- definitely not small potatoes. Even if you aren't in the market for a new car, you'll still want to watch this report. You'll hear essential advice on how to negotiate; talk effectively with the salesman; what you must know about the car you are interested in and how to find the information. All of these tips are easy and valuable and as you'll see from the couple we feature -- these techniques could save you a pretty penny.

Protecting your privacy is paramount -- without question it is a priority to make sure your kids do the same. But, now geo-tagging is making it harder to keep strangers at bay. Facebook is the latest social networking site to provide this added service, called "Places." And anyone who has a smartphone can now log onto Facebook and divulge their location, using the device's built-in GPS antenna. With over 500 million subscribers, there is a growing concern that "Places" could pave the way for predators and subsequently put your kids in danger. The Early Show Technology Expert Katie Linendoll will explain how this feature works and what you can do to make your children aware of the dangers that can come with geo-tagging.

If you have a child in daycare, you'll want to watch this... and if you are expecting, this report will help you plan ahead. Findings in a study by the University of California, Irvine, found that children placed in a "high quality" facility did better in school as teens. The study, which began in 1991, tracked over one thousand children from the time they were one month old through their teens. The participants in the study were from diverse backgrounds. The data collected showed that teenagers who received this "quality care" -- defined as one-on-one interaction; hours spent in the care of others and then with parents -- were more apt to do better in school and with their peer relationships. But, let's face it, finding a daycare setting or a caregiver that is affordable can be a challenge. So what can you do to ensure your child's care will mean a better chance in his later years? Dr. Robbi Ludwig a psychotherapist and contributor to Care.com will be here tomorrow morning to answer those questions and more. She'll give you expert advice on how to select the right childcare worker or facility for your child. Important information that is sure to make you stress-free and happy with the knowledge that your children will be well cared for.

After battling the oil spill in the Gulf Coast, fishermen and seafood lovers alike now have a reason to celebrate! As of last Monday, the shrimp grounds in the Gulf of Mexico officially opened for business and to commemorate this, Early Show Contributor and celebrity chef, Katie Lee will whip up some delicious seafood recipes! She'll dive into a sizzling southern style Blue Crab and Shrimp boil dish that will have your mouth watering, even at 8 o'clock in the morning! So get ready to take a few notes -- these recipes will have your guests and family humming the next time you throw a dinner party.

If you would like more information on any of these stories or the broadcast, please click on the following address and e-mail us: earlyshow@cbs.com


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Thank you. Your friends at the Scoop.



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