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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10615.67 +78.74
NASDAQ: 2174.19 +9.80
S&P 500: 1231.38 +8.25
AMEX: 1631.60 +1.09
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed raises rates another quarter-point
The Federal Reserve raised short-term interest rates a quarter-point for the
10th time in 14 months Tuesday and indicated that more rate hikes are likely
because of inflation pressures stemming from the briskly growing economy.
http://msnbc.msn.com/id/8873875/
Stocks close higher after Fed raises rates
Stocks finished Tuesday with solid gains after the Federal Reserve raised
short-term interest rates for the 10th time in a row, but changed its policy
statement to say longer-term inflation expectations are well contained â?" a
longed-for sign that the Fedâ?Ts streak of rate hikes may be nearing its end.
http://msnbc.msn.com/id/3683270/
Oil prices hit new high, then ease lower
Crude futures edged back Tuesday after prices had rallied to a new record high
at $64.27 a barrel.
http://msnbc.msn.com/id/5612507/
Delta Air stock plunges amid bankruptcy fears
Delta Air Lines Inc.'s battered stock plunged anew Tuesday after a Wall Street
analyst advised clients to sell their shares on fears the third largest U.S.
carrier will file for bankruptcy within the next two months.
http://msnbc.msn.com/id/8882767/
Gas supplies OK through Labor Day
U.S. gasoline supplies should be adequate to meet demand through the Labor Day
holiday, but drivers will continue to face record pump prices, a government
energy analyst said Tuesday.
http://msnbc.msn.com/id/8884631/
Ex-WorldCom exec gets one year in prison
The former director of general accounting at WorldCom was sentenced Tuesday to
one year and one day in prison for his role in the companyâ?Ts record $11
billion fraud.
http://msnbc.msn.com/id/8883439/
Specialty coffee market getting hotter
Like technology, specialty coffee is continuing in its skyrocketing appeal and
availability.
http://msnbc.msn.com/id/8841941/
Productivity growth slowed in 2nd quarter
The productivity of U.S. workers rose in the April-June period at the slowest
pace since last summer, the government reported Tuesday
http://msnbc.msn.com/id/8881982/
Bush upbeat about steady economic growth
President Bush cited recent upbeat economic reports on Tuesday to promote his
domestic agenda.
http://msnbc.msn.com/id/8881161/
Homeownership dream slips further from some
Housing prices are far outstripping salary increases for low- and
moderate-income jobs, said a study being released Tuesday.
http://msnbc.msn.com/id/8875159/
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