UPI VIDEO NEWS 01.18.08

Bush to present plan to boost economy.

President Bush is putting together an economic stimulus package in an effort to jump-start the sagging economy. He's scheduled to unveil his plan later today. That reportedly includes income tax breaks for people...up to $800 for individuals and $1,600 for married couples. Yesterday, Bush discussed options over the phone with lawmakers with Treasury Secretary Henry Paulson. Those on Capitol Hill are reportedly considering smaller rebate checks and more money for the unemployed and people on food stamps.

And time may be running out for Republican presidential hopefully Fred Thompson. Thompson has reportedly admitted that a disappointing finish in tomorrow's GOP primary in South Carolina may end his chance in the race. The former Tennessee senator is hoping that a combination of his Southern roots and conservative views will lead to a breakthrough in South Carolina for his campaign. Thompson came in third in Iowa and received one percent of the vote in New Hampshire.

The CIA says Al-Qaida and followers of a tribal leader are to blame for the death of former Pakistani Prime Minister Benazir Bhutto. CIA Director Michael Hayden says fighters allied with Pakistani leader Baitullah Mehsud (By-too-la May-sood), with support from Al-Qaida, plotted Bhutto's assassination. The two groups are also apparently behind the violence that threatens to destabilize Pakistan. Hayden warns that they intend to do more harm to the country in the future.

The Israeli Defense Minister has ordered that border crossings be closed that lead to and from the Gaza Strip. This comes after days of rocket firings into Israel by Palestinian militants in Gaza. More than a hundred rockets have reportedly been fired. The Israeli Army has retaliated with military strikes that have apparently killed at least two-dozen Palestinians. The border closings will block food, fuel and medicine from entering Gaza.

UPI VIDEO ENTERTAINMENT NEWS 01.17.08

Eddie Murphy and Tracey Edmonds' marriage ends.

Eddie Murphy and Tracey Edmonds are calling it quits just two weeks after their wedding. In a joint statement the pair tell People magazine they've decided to "forego a legal ceremony." The actor and film executive had a wedding ceremony near Bora Bora New Years Day, but because it was not in the U.S., it wasn't official. Edmonds and Murphy say they've now decided just to stay friends.

Jenna Bush is reportedly planning a spring wedding. Sources tell People magazine the President's daughter will marry Henry Hager on May 10. One source says the ceremony will take place at President Bush's Crawford, Texas Ranch. She's apparently already picked her bridesmaids. Bush and Hager were engaged last August.

The cast of "Mad Money" rang in the opening bell at the NASDAQ yesterday. Katie Holmes, Queen Latifah, and Diane Keaton were all in New York for the special occasion. It's all part of the promotion for their new film. "Mad Money" is about 3 federal reserve employees trying to steal money. It also stars Ted Danson and Adam Rothenberg. The movie hits theaters tomorrow.

"Atonement" is getting high praise from the British Academy of Film and Television Arts. It grabbed 14 BAFTA nominations including best film, best lead actress for Keira Kightley and best actor for James McAvoy. The film's director Joe Wright and screenwriter Christopher Hampton also earned nods. The awards will be announced at a ceremony in London on February 10.

Stars are preparing for the release of a new sci-fi thriller. Lizzy Caplan and Jessica Lucas attended the LA premiere of their new film "Cloverfield" last night. Actress Lindsay Lohan also stepped out into the spotlight for the special screening. The movie is about a monster attack taking place in New York. "Cloverfield" is heading to theaters tomorrow.