* FedEx reports fiscal first-quarter earnings before the bell. The package delivery giant is expected to benefit from stabilizing freight volumes as well as lower fuel prices.
* Palm reports fiscal first quarter results, in which it will probably give details on sales of the Pre smartphone.
* Housing starts and building permits are expected to have risen modestly in August.
* A spike in gasoline prices probably lifted consumer prices in August, but the overall inflation picture remains benign as the economy struggles to emerge from recession.
* Federal Reserve Chairman Ben Bernanke speaks on “Reflections on a Year of Crisis on the anniversary of the fall of Lehman Brothers.
* Motorola unveils new phones in San Francisco.
* The Senate Banking Committee holds a hearing to examine an SEC report that found its personnel assigned to the Bernard Madoff case were at times too inexperienced and resisted whistleblowers.
Washington’s health-care reform debate could go on for a while, but who can afford to wait?
* Google is set to brief investors in a Webcast about search and monetization. While the company made its fortune on Internet search ads, Wall Street is increasingly eager for signs that the company’s other money-making bets will pay off.