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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
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Business
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Wall Street struggles amid new data
Stocks were struggling Thursday, as investors mulled a pair of economic reports that
offer a conflicting message to investors: The growing economy is fueling a job market
recovery, but also allowing inflation to rise.
http://www.msnbc.msn.com/id/3683270/
Wholesale prices jumped in May
U.S. producer prices shot up a hefty and more-than-expected 0.8 percent last month,
the biggest jump since March 2003, as prices received for food and energy shot up, the
Labor Department said on Thursday.
http://www.msnbc.msn.com/id/5232999/
Snow says higher rates won't hurt growth
The prospect of rising U.S. interest rates is not enough to derail a robust U.S.
economic recovery, Treasury Secretary John Snow said.
http://www.msnbc.msn.com/id/5233696/
Leading economic indicators move higher
A closely watched gauge of future economic activity rose a stronger-than-expected 0.5
percent in May, suggesting that the U.S. economy will continue sturdy expansion
through the summer.
http://www.msnbc.msn.com/id/5233588/
Spitzer sues tobacco firm over Kool ads
Brown & Williamson, the maker of Kool cigarettes, was sued on Thursday by New York
Attorney General Eliot Spitzer for an advertising campaign that he said targets
children.
http://www.msnbc.msn.com/id/5234614/
Mortgage rates inch higher over past week
Rates on 30-year and 15-year mortgages rose this week, a trend that isn't expected to
clip the wings of the housing market, economists said.
http://www.msnbc.msn.com/id/5234605/
Greenspan nomination approved by panel
The Senate Banking Committee on Thursday approved President Bush's nomination of Alan
Greenspan to serve a fifth term as chairman of the Federal Reserve.
http://www.msnbc.msn.com/id/5234056/
Spitzer sues tobacco firm over Kool ads
Brown & Williamson, the maker of Kool cigarettes, was sued on Thursday by New York
Attorney General Eliot Spitzer for an advertising campaign that he said targets
children.
http://www.msnbc.msn.com/id/5234614/
Weekly jobless claims fall
The number of Americans filing initial claims for jobless aid fell a bit more than
expected last week, a government report showed on Thursday, but part of the decline
was tied to the funeral for late President Ronald Reagan.
http://www.msnbc.msn.com/id/5233099/
Viacom eyes ads inside video games
Viacom Inc., which has sold off parts of its video game business, is now taking
another look at the potential for advertising in video games, a top executive said on
Thursday.
http://www.msnbc.msn.com/id/5234833/
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