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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10686.44 -10.73
NASDAQ: 2186.74 -14.21
S&P 500: 1229.01 -4.70
AMEX: 1693.22 -6.51
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks finish lower amid fears over inflation
Stocks finished Tuesdayâ?Ts seesaw session slightly lower, as investors juggled
a jump in wholesale prices and better-than-expected retail sales.
http://msnbc.msn.com/id/3683270/
Bernanke pledges to run Fed free of politics
Ben Bernanke told senators heâ?Tll continue the policies of Alan Greenspan if
confirmed as Federal Reserve chairman and will make sure the central bank
remains free of political influence.
http://msnbc.msn.com/id/10048973/
First-class stamp prices to rise 2 cents on Jan. 8
The cost of mailing a letter will increase to 39 cents on Jan. 8.
http://msnbc.msn.com/id/10051858/
Boeing launching bigger 747 jumbo jet
Boeing Co. is launching a bigger, more efficient version of its 747 jumbo jet
in a move that will put more competitive pressure on rival Airbus and ensure
continued production of the storied airplane.
http://msnbc.msn.com/id/10048971/
Pension insurance agency reports huge deficit
The federal agency that insures the private pensions of 44 million workers said
Tuesday that its deficit was $22.8 billion in 2005, as big airlines in
bankruptcy dumped their pension liabilities.
http://msnbc.msn.com/id/10052692/
Home prices rose sharply last summer
The booming U.S. housing market continued to push prices higher in the summer
months with 69 metropolitan areas reporting double-digit increases compared
with a year ago, a real estate trade group reported Tuesday.
http://msnbc.msn.com/id/10053518/
J&J, Guidant agree on revised deal
Johnson & Johnson said Tuesday it agreed to acquire Guidant Corp. for $21.5
billion in cash and stock under revised terms that value the troubled heart
care device maker at about $4 billion less than last year's original offer.
http://msnbc.msn.com/id/10049249/
Chicago Fed president sees more rate hikes
More Federal Reserve interest rate increases are "appropriate" at this time to
hold down inflation, Chicago Fed President Michael Moskow said on Tuesday.
http://msnbc.msn.com/id/10050258/
Retail sales outside of autos post solid gains
Retail sales performed far better than expected in October as consumers took
encouragement from falling gasoline prices to head back to the shopping malls.
http://msnbc.msn.com/id/10049879/
Is driving easier when Mr. Tâ?Ts riding shotgun?
One upon a time, navigators looked to the stars to find out where they were and
where they were going. Today, stars may once again guide lost travelers to
their destinations, but instead of celestial bodies these stars have names like
Mr. T, Burt Reynolds and Dennis Hopper. By Roland Jones.
http://msnbc.msn.com/id/10038326/
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