Morning News Friday August 24th 2007
General News:- U.S. stocks rose after new home sales and durable goods orders topped economists' forecasts in July, spurring speculation the economy can weather losses in credit markets. - American businesses kept spending in July and the housing industry showed signs of stability before this month's financial-market rout. - Home Depot Inc., the home improvement retailer that agreed in June to sell its contractor-supply business, may cut the original $10.3 billion price by about $1 billion to salvage the deal, two people with knowledge of the matter said. - Blackstone Group LP said its annual tax bill would increase by…