Markets
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Oil prices fall below $40 on dour economic news
Dec 21, 2008 10:00 pm - Oil prices fell below $40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deteriorat...
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Oil rises slightly on US auto bailout, rate cut
Dec 21, 2008 10:00 pm - VIENNA, Austria -- Oil prices rose slightly Monday as investors looked for signs that U.S. interest rate cuts and a government bailout of two key automakers could help c...
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Wall Street looks for year-end rally
Dec 21, 2008 10:00 pm - NEW YORK -- Investors head into a holiday-shortened week with optimism that recent moves to prop up the ailing auto industry and slash interest rates might trigger a yea...
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Stocks end flat in choppy trading session
Dec 18, 2008 10:00 pm - NEW YORK -- Stock prices pared earlier gains to end a choppy day relatively flat on Friday, as Wall Street remained uncertain that a $17.4 billion lifeline for U.S. auto...
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Oil up slightly after sharp drop overnight
Dec 18, 2008 10:00 pm - Oil prices were up slightly Friday after a sharp decline overnight as investors weighed the impact of the global economic slowdown on crude demand against oil producers'...
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Stocks end down amid lingering economic fears
Dec 17, 2008 10:00 pm - NEW YORK -- Stocks have finished sharply lower as investors' concerns about the economy intensified after a major credit ratings agency lowered its outlook on the financ...
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Crude continues to plunge in worsening economy
Dec 17, 2008 10:00 pm - COLUMBUS, Ohio -- Oil continued its downward march Thursday as mass layoffs pushed the U.S. economy deeper into recession, signaling a drastic pullback on energy spendin...
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Stocks finish lower as investors assess rate cut
Dec 16, 2008 10:00 pm - NEW YORK -- Wall Street finished moderately lower Wednesday, as further signs of economic deterioration dampened investors' earlier enthusiasm about the Federal Reserve'...
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Oil tumbles below $40 for first time since 2004
Dec 16, 2008 10:00 pm - PHOENIX -- Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million...
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Gold prices edge higher after Fed rate cutDec 16, 2008 10:00 pm - NEW YORK -- Gold prices edged higher Tuesday as the dollar sank against major currencies after the Federal Reserve cut its key interest rate to the lowest level on reco...