RIM profit doubles on BlackBerry sales; jobs report awaited

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the job market takes center stage on Wall Street today economists expect to hear employers added around a hundred thousand jobs in September and that the unemployment rate edged higher 24.7 percent now a stronger-than-expected report could trigger a stock sell off that's because it would decrease the likelihood of another interest rate cut from the Fed but a much weaker report could raise worries about a recession on Wall Street Thursday stocks manage some small gains the Dow moved up six points while the nasdaq squeezed out a gain of for research in motion could help boost tech stocks today the blackberry maker reported second-quarter earnings more than doubled thanks to strong sales of the smartphone and with fears about identity theft on the rise Experian has joined the nation's two other major credit bureaus and will start allowing consumers to freeze access to their credit files beginning November first among other things the freeze prevents new creditors from accessing a person's credit file without their consent and more bad news for holiday shoppers hoping to get their hands on one of the hottest tech toys nearly a year after the wii's debut Nintendo is still having supply problems with the video game console and it's morning shortages will last through the new year Nintendo says even it was surprised by just how popular the wii has become that's your money watch log onto CBS News calm for more in New York I'm Alexis Christopher asst

Dow surges 92 points on jobs data; Topps meat closes

CBS News

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[Music] It was one for the history books on Wall Street. The S&P 500 closed at a record high while the Dow flirted with a record close. The rally was fueled by a stronger thanex expected September jobs report, which eased concerns about a possible recession. The Dow rallied nearly 92 points, just points shy of a record. The NASDAQ shot up 46 points to close out its best week since March. The Topps meat company of New Jersey has officially shut its doors less than a week after millions of pounds of frozen hamburger was recalled. The recall was linked to 30 cases of E.coli related illness in at least eight states. The 67year-old company said it simply could not overcome the economic reality of such a large recall. A Minnesota woman is singing the blues after a federal jury ordered her to pay record companies more than $200,000 for downloading and sharing copyrighted music online. It's the first of 26,000 lawsuits against an individual downloader to go to trial. And Microsoft's Bungie Studios, creator of the Halo video games, will become an independent company to build on the success of the alien shooting title. Microsoft plans to keep a stake in the studio. The Halo 3 video game had $300 million in sales in its first week. That's your money watch. Log on to cbsnews.com for more business headlines in New York. I'm Alexis Christopherus.