Dow rises on inflation data; Bush sanctions China paper
CBS News
Transcript
[Music] stocks squeaked out modest gains on this final trading session of the first quarter fresh data out today shows consumer confidence sliding and core inflation On The Rise the Dow Jones Industrial Average up more than five and a half points NASDAQ Composite gaining nearly four US Paper producers are getting some support from the Bush Administration which is now imposing economic sanctions against China to protect American Paper producers from unfair government subsidies the move reverses 23 years of trade policy with China the growing demand for ethanol is triggering a spike in corn crops a new report says this year is likely to be the biggest for us corn planting since 1944 many farmers are abandoning soy cotton and rice in order to plant more corn and the porn industry won't get its own domain on the internet the international agency responsible for setting guidelines for internet do domain names has rejected a company's proposal to create ax domain for adult sites that's your money watch click on cbsnews.com for more business headlines in New York I'm Alexis christopherus