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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10241.26 -69.69
NASDAQ: 1937.74 -19.52
S&P 500: 1113.96 -7.57
AMEX: 1219.79 -5.89
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Lea Fastow handed one-year jail term
A judge Thursday sentenced the wife of former Enron Corp. finance chief Andrew Fastow,
to 12 months in prison.
http://www.msnbc.msn.com/id/4916143/
Stocks slide on rate, deficit worries
Stocks slid Thursday as upbeat labor market data was eclipsed by interest rate
worries, lackluster retail sales and a stern warning about the nation's budget deficit
from Federal Reserve Chairman Alan Greenspan.
http://www.msnbc.msn.com/id/3683270/
High hopes for April employment report
After a better-than-expected reading in March, most economists are predicting a more
modest rise in payrolls this Friday, when the government delivers its monthly update
on the U.S. employment situation. But some economists are second-guessing that
forecast on the upside.
http://www.msnbc.msn.com/id/4908342/
Budget deficits pose large risk - Greeenspan
America's soaring federal budget deficits represent a major obstacle to the country's
long-term economic stability, Federal Reserve Chairman Alan Greenspan warned on
Thursday.
http://www.msnbc.msn.com/id/4915573/
John Kerry talks economics
Democratic Presidential candidate John Kerry recently took his economic case to Middle
America with a three-day bus tour through West Virginia, Pennsylvania, Ohio, and
Michigan and BusinessWeek's Richard S. Dunham caught up with him.
http://www.msnbc.msn.com/id/4916469/
Oil nears $40 on gasoline, security fears
World oil prices hit fresh 13-year highs on Thursday, edging towards $40 a barrel for
U.S. crude, stoked by worries about summer gasoline shortages in the United States.
http://www.msnbc.msn.com/id/4914855/
30-year mortgage rates jump to 6.12%
Rates on 30-year mortgages rose this week to the highest level in eight months amid
signs that the economy is gaining traction and that the Federal Reserve may push
short-term interest rates up this summer.
http://www.msnbc.msn.com/id/4917325/
Worker productivity grows solidly
New filings for jobless benefits plunged last week to their lowest level in more than
three years, and productivity rose solidly in the opening quarter of this year.
http://www.msnbc.msn.com/id/4914946/
Retailers report modest April sales gains
After a strong spending pace the first three months of the year, consumers retrenched
a bit in April, leaving many retailers with modest sales gains for the month. Cool
weather, particularly in the Northeast, hurt results at many stores.
http://www.msnbc.msn.com/id/4915256/
Seniors confused by financial choices - study
A study released Thursday finds that Americans who are 45 and older are a growing
economic force, responsible for more than half the nation's consumer spending, but
they often lack the skills and information to make good financial decisions,
http://www.msnbc.msn.com/id/4914893/
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