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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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Drop in oil, Fed comments buoy stocks
A drop in oil prices and reassuring words from the Federal Reserve sent stocks higher
Monday, raising hopes that Wall Street would be able to extend its recent rally.
http://www.msnbc.msn.com/id/3683270/
Los Angeles seen as best for sports teams
Los Angeles is the nation's most appealing site for an expansion or relocated team,
says a new study by American City Business Journals.
http://www.msnbc.msn.com/id/6143100/
Texas economy slowly gets back on its feet
Like much of the country, the Texas economy is only now getting back on its feet after
a stubborn pullback that began three years ago.
http://www.msnbc.msn.com/id/6141305/
High court rejects challenge to do-not-call list
The U.S. Supreme Court on Monday let stand a lower-court ruling that telemarketers'
rights to free speech are not violated by the government's nationwide do-not-call list.
http://www.msnbc.msn.com/id/6173114/
FCC boss to OK telecom deal, source claims
U.S. Federal Communications Commission Chairman Michael Powell plans to recommend
Cingular Wireless receive approval for its purchase of AT&T Wireless Services Inc.
with some divestitures, sources familiar with the matter said Monday.
http://www.msnbc.msn.com/id/6173948/
Prison protection for Stewart difficult
The head of the guards union at the federal prison where Martha Stewart will serve her
time said Monday that staffing shortages will make it difficult to protect her.
http://www.msnbc.msn.com/id/6174539/
August factory orders dip as aircraft dive
New orders at U.S. factories fell unexpectedly in August after a sharp drop in demand
for civilian aircraft, government data showed on Monday. But excluding transport, the
data showed reasonable strength.
http://www.msnbc.msn.com/id/6173104/
Oil eases from $50 on Nigeria peace pact
Oil prices eased Monday after rebels in Nigeria withdrew a threat to target oil
operations, but lingering concerns over stretched supplies ahead of winter kept prices
close to $50.
http://www.msnbc.msn.com/id/5612507/
Fed's Santomero sees sustained expansion
The U.S. economy has come through its recent soft patch and the Federal Reserve still
has some way to go to restore interest rates to more normal levels, Fed officials said
Monday.
http://www.msnbc.msn.com/id/6173107/
U.S. economic growth seen slowing in 2005
U.S. economic growth should slow over the coming year as consumers cut back on
spending but improved business confidence should help beef up hiring, a wide-ranging
survey of forecasters found.
http://www.msnbc.msn.com/id/6173183/
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