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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 9963.03 -163.48
NASDAQ: 1821.63 -33.43
S&P 500: 1080.70 -17.93
AMEX: 1224.47 -13.22
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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FTC says minorities hit hardest by fraud
A new survey released Thursday by the Federal Trade Commission reveals that 25 million
Americans have been hit by fraud in the past year -- and minority groups are far more
likely to be victims.
http://www.msnbc.msn.com/id/5604822/
Oil resumes rally as Russia targets Yukos
World oil prices rebounded on Thursday from a heavy fall the previous session as
Russia's Justice Ministry had revoked permission for oil major Yukos to use its bank
accounts to finance daily operations and pay transport fees to ensure oil exports.
http://www.msnbc.msn.com/id/5612507/
Stocks tumble ahead of key jobs data
Another surge in oil prices weighed heavily on the U.S. stock market Thursday,
dragging the Dow Jones industrial average to a close below the emotionally-key 10,000
level despite some positive news on the labor market.
http://www.msnbc.msn.com/id/3683270/
Retailers post muted July sales growth
Consumers' frugal spending extended into a second month during July, giving many
retailers lackluster sales gains, particularly at mall-based apparel chains like Gap
Inc.
http://www.msnbc.msn.com/id/5610655/
Debate turns to quality of jobs
Now that the economy is creating jobs at a healthy clip, a fierce debate is raging
over the quality of those new jobs, after some studies have concluded that jobs being
added tend to be in low-paying industries like retailing and hospitality.
http://www.msnbc.msn.com/id/5612752/
Caterpillar workers stay on the job
More than 9,000 Caterpillar Inc. workers remained on the job on Thursday afternoon as
contract talks continued between the company and the United Auto Workers.
http://www.msnbc.msn.com/id/5600730/
30-year rates fall back below 6 percent
Interest rates on U.S. 30-year mortgages fell under 6 percent this week, while rates
on 15-year and adjustable mortgages also eased, mortgage finance company Freddie Mac
said Thursday.
http://www.msnbc.msn.com/id/5488612/
Piper Jaffray discloses NASD probe
The NASD told Piper Jaffray Co. to expect disciplinary action for several of its
compensation arrangements with mutual fund companies, the company disclosed.
http://www.msnbc.msn.com/id/5613915/
Google may have illegally issued shares
Google Inc. may have illegally issued more than 23 million shares of its stock to
hundreds of employees and consultants, injecting an unexpected legal risk into the
online search engine leader's highly anticipated IPO.
http://www.msnbc.msn.com/id/5612609/
GM recalls 246,433 Saturn Vues
General Motors Corp. Thursday said it was recalling 246,433 of its Saturn Vue sport
utility vehicles to strengthen their rear suspension systems.
http://www.msnbc.msn.com/id/5614037/
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