Business Stories from November 25, 2020 (Change date)
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Closing prices for crude oil, gold and other commoditiesNov 25, 2020 2:00 pm - Benchmark U.S. crude oil for January delivery rose 80 cents to $45.71 a barrel Wednesday. Brent crude oil for January delivery rose 75 cents to $48.61 a barrel. Wholesal...
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EXPLAINER: Why the Dow topped 30,000 for the first timeNov 25, 2020 2:00 am - NEW YORK (AP) - Wall Street busted through its latest milestone Tuesday, when the Dow Jones Industrial Average topped 30,000 for the first time. The Dow rose 454.97 poi...
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Grains lower and livestock higherNov 25, 2020 2:30 pm - Wheat for Dec. declined 23 cents at 5.8825 a bushel; Dec. corn fell 5.75 cents at 4.20 a bushel, Dec. oats was off 1.75 cents at $2.8575 a bushel; while Jan. soybeans lo...
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US long-term mortgage rates rise; 30-year at 2.84%Nov 25, 2020 3:01 pm - WASHINGTON (AP) - U.S. long-term mortgage rates rose this week. They remain at historically low levels, now around a percentage point below a year ago. Mortgage buyer Fr...
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Asian shares mixed after Wall Street takes pause on optimismNov 27, 2020 11:48 am - TOKYO (AP) - Asian shares were mixed Thursday, after Wall Street took a pause from the optimism underlined in a record-setting climb earlier in the week. A reality check...
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Grains mixed, livestock higherNov 25, 2020 9:30 am - \CHICAGO (AP) - Grain futures were mixed on Wednesday in early trading on the Chicago Board of Trade. Wheat for Dec. was off .004 cent at $6.0120 a bushel; Dec. corn was...
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Delta won't furlough pilots; job cuts possible at SouthwestNov 25, 2020 2:01 pm - DALLAS (AP) - Delta Air Lines on Wednesday dropped a threat to furlough more than 1,700 pilots after they ratified a cost-cutting agreement that the airline said was nee...
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As economy struggles, Fed weighs boosting bond purchasesNov 27, 2020 11:48 am - WASHINGTON (AP) - At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to bo...
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US mortgage rates stay at record low 2.72% for 30 yearsNov 25, 2020 4:01 pm - WASHINGTON (AP) - U.S. long-term mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy. Mortgage finance giant F...
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Former executive faces prison time in SC nuclear debacleNov 25, 2020 1:30 pm - COLUMBIA, S.C. (AP) - The executive who spent billions of dollars on two South Carolina nuclear plants that never generated a single watt of power is almost certain to s...