--------------------------------------------------------
Today's Business Headlines - Market Close from MSNBC.com
--------------------------------------------------------
Market Closing Prices
DJIA: 10012.87 +2.13
NASDAQ: 1904.25 -21.78
S&P 500: 1095.66 -0.78
AMEX: 1171.20 +4.98
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
-------------------------------
ADVERTISEMENT
-------------------------------
Get a Faster Internet Connection with MSN Broadband -- Now Available Nationwide!
http://resourcecenter.msn.com/access/broadband/default.asp
-------------------------------
Business
-------------------------------
Stocks seesaw amid inflation worries
The latest data on consumer prices, which showed inflation becoming more of a problem,
kept stocks mixed in a turbulent session Friday as investors became even more
convinced that the Federal Reserve would raise interest rates next month.
http://www.msnbc.msn.com/id/3683270/
Oil prices hit all-time high
Oil prices hit an all-time record on Friday fueled by global economic growth and
enduring worries that gasoline supplies will struggle to meet peak summer demand in
the United States.
http://www.msnbc.msn.com/id/4978144/
Consumer prices up 0.2 percent in April
Consumer prices rose by a modest 0.2 percent in April - settling down a bit from a
large jump the previous month. Still, the government's latest report on the nation's
pricing climate suggested that inflation is coming out of hibernation.
http://www.msnbc.msn.com/id/4978465/
U.S. consumers stay upbeat in May
Americans were as upbeat in early May as they were in April but their view of the
future was the gloomiest this year as concern over high gasoline prices and Iraq began
to weigh, a survey on Friday showed.
http://www.msnbc.msn.com/id/4979164/
Feds subpoena Nortel records
Nortel Networks has received a subpoena from federal prosecutors in Dallas ordering
the Canadian telecom equipment maker to produce accounting records and other documents
going back more than four years, the company announced Friday.
http://www.msnbc.msn.com/id/4979654/
Krispy Kreme facing shareholder lawsuits
Krispy Kreme Doughnuts Inc. faces shareholder lawsuits alleging it misled investors
about the direction its business was headed.
http://www.msnbc.msn.com/id/4980449/
Raytheon settles shareholder lawsuit
Defense contractor Raytheon Co. will pay $410 million in cash and securities to settle
a lawsuit filed nearly five years ago by shareholders who claimed the company misled
them about its financial problems.
http://www.msnbc.msn.com/id/4978388/
Regulators fine Riggs Bank $25 million
U.S. bank regulators Thursday announced a $25 million civil penalty against
Washington, D.C.-based Riggs Bank for failing to put safeguards against money
laundering in place.
http://www.msnbc.msn.com/id/4973033/
Answer Desk: Retirement and inflation
Today's inflation report has people wondering: what does higher inflation mean for me?
For Georgia and Dick in Colorado, it means trying to figure out what inflation means
for their retirement plan. (Actually, the math isn't that bad.)
http://www.msnbc.msn.com/id/3403854/
Yes, you can buy happiness
Conventional grandmother wisdom says you can't put a price tag on happiness. Oh,
really? A couple of economists, David Blanchflower of Dartmouth and Andrew Oswald of
Warwick University in Britain, have attempted to do just that.
http://www.msnbc.msn.com/id/4979273/
=========================================
This email is never sent unsolicited. You have received this MSNBC Daily Market Close
newsletter because you subscribed to it or, someone forwarded it to you.
To remove yourself from the list (or to add yourself to the list if this
message was forwarded to you) simply go to
http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3
Microsoft Corporation - One Microsoft Way - Redmond, WA 98052
MSN PRIVACY STATEMENT
http://privacy.msn.com
