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Oil holds above $40 as stimulus, bank plans mulled

Associated Press
Feb 07, 2009 10:00 pm - SINGAPORE -- Oil prices hovered near $40 a barrel Monday in Asia as investors weighed a massive stimulus package and a bank rescue plan from the U.S. this week against s...
Stocks rally despite job losses

Associated Press
Feb 05, 2009 10:00 pm - NEW YORK -- Wall Street has had another big rally as investors bet the government will take some big steps to help the economy. Investors are awaiting a Senate vote on i...
Oil falls drops below $40 on dismal jobs report

Associated Press
Feb 05, 2009 10:00 pm - NEW YORK -- Oil prices dropped below $40 Friday as the government reported U.S. employers slashed more than a half million jobs last month, the most in 35 years. Light, ...
Asian stocks rise amid U.S. stimulus hopes

Associated Press
Feb 05, 2009 10:00 pm - HONG KONG -- Asian stocks climbed Friday, with benchmarks in Tokyo and Hong Kong up more than 1 percent, amid hopes massive stimulus measures in the U.S. and beyond wil...
Asia stocks up amid optimism about Chinese economy

Associated Press
Feb 04, 2009 10:00 pm - HONG KONG) -- Most Asian stock markets rose Thursday, with Hong Kong's index up almost 3 percent, amid growing optimism China's government measures will help its economy...
Oil hovers near $40 on mixed news

Associated Press
Feb 04, 2009 10:00 pm - DENVER -- Oil prices floated just above $40 a barrel Thursday as investors eyed a growing surplus in U.S. crude inventories and worried about rising jobless claims and o...
Stocks jump on relief over retail sales

Associated Press
Feb 04, 2009 10:00 pm - NEW YORK -- Wall Street is getting a little daring once again. Investors shook off weak economic readings Thursday and placed bets on retail and technology stocks after ...
Oil hovers near $41 as traders weigh mixed US data

Associated Press
Feb 03, 2009 10:00 pm - VIENNA -- New reports about the ailing U.S. economy kept oil near $41 a barrel Wednesday, with prices fluctuating as investors looked for direction. Investors have been ...
Stocks fall on worries about consumer companies

Associated Press
Feb 03, 2009 10:00 pm - NEW YORK -- Wall Street is now worrying about the companies usually seen as safe havens. After an early rally Wednesday, investors succumbed to their concerns about disa...
Oil holds above $40 after grim economic news

Associated Press
Feb 02, 2009 10:00 pm - NEW YORK -- Oil prices rose Tuesday as traders weighed production cuts by OPEC against a deteriorating global economy that they expect to push demand, and prices, even l...

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