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Wall Street gains
Stocks posted solid advances Wednesday, the Dow adding 84 points while the Nasdaq jumped 27. • FULL STORY

Beth Wald

ALSO IN THE NEWS

• U.S. bank economists see gradual rate hikes

• Settlement reached in IBM cancer lawsuits

• SEC requiring independent fund chairmen

• U.S. mortgage applications up slightly

• Hydrogen cars ready to roll — for a price

FORBES.COM

• BEST ROADS FOR SUMMER DRIVING
Forbes.com ranks the best roads to travel this summer, and suggests the perfect convertible to enjoy the drive.

AP File

• Hottest family cars• Forbes: The celebrity 100

LUNCH BREAK

• June 23: Fastest-growing counties

TURBULENT SKIES

• UAL SCALES BACK REQUEST FOR FEDERAL AID
United Airlines has filed a scaled-down request for government assistance in a last-ditch try to tap into a loan guarantee program created to help the airline industry after the 2001 terrorist attacks.

• Pilots union seeks new talks with Delta• Delta to cut one quarter of Song flights

CORPORATE SCANDALS

• MARTHA STEWART SAYS SHAREHOLDERS OFFER SUPPORT
Coming off a year “fraught with real sorrow,” Martha Stewart says she hopes her namesake company can function as usual while she prepares for a likely prison sentence.

• Ex-Tyco lawyer takes stand in larceny trial• $10 million penalty for Gemstar-TV Guide

AUTOMOTIVE NEWS

• BEST ROADS FOR SUMMER DRIVING
Forbes.com ranks the best roads to travel this summer, and suggests the perfect convertible to enjoy the drive.

AP File

• GM moving Asia headquarters to Shanghai• Hydrogen cars ready to roll — for a price

U.S. BUSINESS NEWS

• AT&T TO STOP COMPETING FOR SOME CUSTOMERS
AT&T Corp., the biggest U.S. long-distance carrier, said on Wednesday it would stop competing for local and long-distance residential customers in seven states after a court threw out regulations giving it cheap access to the dominant local telephone networks.

• Settlement reached in IBM cancer lawsuits• Judge certifies Wal-Mart class action

INT'L BUSINESS NEWS

• PORTS RUSH TO MEET TERROR SECURITY DEADLINE
New security rules take effect July 1, but with thousands of ships and ports still not in compliance, the U.S. faces a tough choice: Enforce the deadline and risk global trade upheaval, or allow more time and continue to risk terror activity.

AP file

• China accuses U.S. of protectionism• Japan's KDDI sells wireless unit

STOCKS & ECONOMY

• STOCKS NOTCH LATE-SESSION GAINS
The stock market moved higher Wednesday, but investors still seemed reluctant to make big decisions ahead of a key Federal Reserve meeting and the hand-over of power in Iraq next week.

• U.S. bank economists see gradual rate hikes• Greenspan sworn in for fifth Fed chair term

MARKET INDICES

INDEX	LAST	CHANGE	% CHANGE
• DJIA	NaN	??	??
• NASDAQ	NaN	??	??
• S&P; 500	NaN	??	??
• Russell	NaN	??	??
• DJTA	NaN	??	??
• DJUA	NaN	??	??
• 10-year	NaN	??	??

QUOTE LOOKUP

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Data: MSN Money and IDC Comstock delayed 20 min.

THE ANSWER DESK

When is a recession not a recession? Why are interest rates so low? And Who is Fannie Mae?
MSNBC.com answers your questions

Martin Wolk: Eye on the Economy

• RISING RATES POSE NEW CHALLENGE FOR INVESTORS
With the Federal Reserve about to officially usher in a new era of rising interest rates, a prudent investor might use the occasion to re-examine portfolios, strategies and risks.

MSNBC.com

• Inflation report eases traders' fears• Inflation surge could make Fed's task harder• Bush-onomics in a post-Reagan world• Job growth surges for third straight month

SPECIAL COVERAGE

•	Grasso seeks to move case to U.S. court
•	Langone defense may implicate directors
•	Newsweek: Friends of Eliot (Sort of)
•	'No way, no how' Spitzer will settle
•	Grasso, Spitzer ready to deal?
•	Spitzer confident of winning Grasso case
•	Langone won't settle Grasso suit
•	Grasso's unindicted co-conspirators
•	Spitzer accused of playing politics
•	Spitzer sues Grasso, NYSE
•	Newsweek: Grasso plans counter move

MSNBC.com SPECIAL REPORT

•	Calculating risk vs. rewards

FREE VIDEO

• Latest market news
June 23: Salesforce.com stocks soar; FedEx posts strong earnings; AT&T cuts service in seven states.

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