Morning News Thursday September 6th 2007
General News: - U.S. stocks advanced after higher oil prices bolstered the earnings outlook for energy producers and retailers' back-to-school sales topped analysts' estimates. - Service industries that make up 90 percent of the U.S. economy grew more than forecast in August, confirming the Federal Reserve's view that the impact of the credit-market rout is `limited'' outside of housing. - The number of Americans who may lose their homes to foreclosure reached a record in the second quarter as late payments by subprime borrowers surged to one out of every seven loans. - The number of homeowners receiving foreclosure notices…