left to commemorate with your signature the historic agreement for the transfer, formal mail station trichet -- treasure island for the city and county of san francisco. [applause] >> ladies and gentlemen, that concludes our program. thank you so much for being here today. we hope that you will join us for a reception, which is in a building just to our right. it is a short walk. this says there are staff from the mayor's office who will be along the way to help you get there, and we hope to see you over there. thank you again for joining us on this wonderful day. [applause]

jean-claude trichet says the bank believes after a good second quarter, the third quarter is looking better than expected. this comes amid easing fears of the sovereign debt situation in some eurozone nations, which recently led to a weakening of the euro and high volatility on equity markets. >>> the european union and the imf said they are satisfied with what the government has done in greece to tackle their debt crisis and as a result athens has qualified for the next payout to help its recovery of the budget crisis. >> greece has received another boost in its efforts to stave off bankruptcy. the imf and the eurozone have given the green light to borrow another 9 billion euros in september, the second installment in the 110 billion euro rescue package. payments will continue three years, as long as greece continues to pass the tests by the delegation. the greek finance minister knows there are tough times ahead. >> we will continue at the same pace. it will make the same effort. because the result must be a different state, a different public administration, or a different tax sys

this has been an incredible experience for us, working with brad and lesley trichet and the port andcity to allow us to place this amazing work of art that was designed and built as a group project in a collaborative manner by artists and engineers and programmers from all round the bay area, and i'm really proud to work with them. it is incredible that -- even more so, that this is the first ever rocket stop in the united states. virgin galactic, you have nothing on us. one of the new elements that we have added to the rocket, which you will notice in the background is the rockets thought, is our intergalactic bay area rocket transport or ibart. [laughter] thank you all for coming out. we have the phenomenon coming on in a little bit. we have the space cowboys, gastronaut and all their amazing food. thank you to all the volunteers. [applause] i want to go over couple of things. first off, braf has a table over there, so if you can, and get more information about what they're doing across san francisco, across the country, and get them to try to dedicate a little bit of time, money,

president jean claude trichet said he thinks economic growth will remain modest as the continent works to fix its debt problems. >> jeff: still ahead, in tonight's "of mutual interest," all that glitters is not always gold. especially when it comes to investing in e.t.f.'s. john waggoner, mutual fund columnist at u.s.a. today, joins us to explain. >> suzanne: july was a lackluster month for many of the nation's retailers, as they relied on heavy discounting to move leftover summer merchandise. the reuters same-store sales index rose almost 3%, slightly less than expected. if you think back-to-school shopping is all about the k-12 crowd, you're wrong. twice as much money is spent on college students, $40 billion a year. college freshman are usually the cash cows, but this year's incoming class plans to spend 20% less than last year's. erika miller looks at why that is, and the implications for retailers. >> reporter: chanel simmons on the left, and her friend symone martin, are this season's v.i.p.'s: very important purchasers. both are college freshmen, the group of students that spend

no one stood in is the same, and what works for one, so there is a need for people working with trichet students to be creative and have the resources to address the issues, and a lot of things that have worked for us is the parental involvement. that has been a big piece. we worked a lot with the parents to engage them in the process. with this case management services, that has been a big piece. being consistent, that long-term support. all of those things that we already know to do, those are very key. we're working very close with the schools and developing relationships with those teachers and those administrators. they are a very big piece of the success for our young people, and being able to connect them with the resources they need. not just connecting them with the program, but connecting with people. but again, immediacy. and it may not work for that young person. that young person might come to me, but he may not go to the cbo down the street, so what i have to do as a case manager is in some ways become that resource for that young person until they can get to a place to wh

left to commemorate with your signature the historic agreement for the transfer, formal mail station trichet -- treasure island for the city and county of san francisco.

left to commemorate with your signature the historic agreement for the transfer, formal mail station trichet -- treasure island for the city and county of san francisco. [applause] >> ladies and gentlemen, that concludes our program. thank you so much for being here today. we hope that you will join us for a reception, which is in a building just to our right. it is a short walk. this says there are staff from the mayor's office who will be along the way to help you get there, and we hope to see you over there. thank you again for joining us on this wonderful day. [applause] >> i want to thank you all for being here today. i'm the mayor of the city of long beach, california, and i'm also a trustee of the u.s. conference of mayors. mayors from all over this great state have assembled here today to talk about the energy efficiency conservation block grant program. this is a program that started in 2007, and it delivers funds directly to cities to be able to improve their energy efficiency, reduce their carbon footprint, and as important, create new jobs in our community. i will just give you a