Markets
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Most Asia markets climb after historic U.S. rate cut
Dec 16, 2008 10:00 pm - HONG KONG -- Most Asian markets rose Wednesday after the U.S. Federal Reserve slashed its key interest rate to historic lows in an effort to pull the world's largest ec...
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Crude sinks despite talk of production cut
Dec 15, 2008 10:00 pm - Oil prices fell Tuesday after OPEC powerhouse Saudi Arabia said oil production would be cut by 2 million barrels per day to stem declining crude prices. OPEC, expected t...
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Stocks surge as Fed pledges broad economic support
Dec 15, 2008 10:00 pm - NEW YORK -- A surprised Wall Street is finishing with enormous gains following the Federal Reserve's decision to slash interest rates to historic lows and pledge broad s...
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Oil falls to $44 ahead of OPEC meeting
Dec 14, 2008 10:00 pm - NEW YORK -- Crude oil futures sank Monday ahead of an OPEC meeting where huge production cuts are expected. Light, sweet crude for January on the New York Mercantile Exc...
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Stocks end lower as Madoff victim list grows
Dec 14, 2008 10:00 pm - NEW YORK -- Investors sent stocks lower Monday as anxiety over the growing list of firms affected by investment manager Bernard Madoff magnified Wall Street's concerns a...
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Stocks close higher amid hope for automaker rescue
Dec 11, 2008 10:00 pm - NEW YORK -- Wall Street put on another impressive show of resilience Friday, rebounding from an early sell-off to end higher after the government said it would assist tr...
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Oil pares losses on possible save for Detroit 3
Dec 11, 2008 10:00 pm - COLUMBUS, Ohio -- Oil prices rallied from early lows Friday as the president and the Treasury Department said they were prepared to act if needed to save the U.S. auto i...
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Are you spending less?Dec 11, 2008 10:00 pm - Heating bills, salary cuts and increasing food costs are forcing many parents to trim family budgets. But the look on a child's face when they see holiday gifts is toug...
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Oil prices near $48 a barrel as dollar falls
Dec 10, 2008 10:00 pm - HOUSTON -- Oil prices rose 10 percent Thursday as the dollar continued to lose value, making commodities like crude more attractive. The falling dollar outweighed a new ...
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Wall Street ends down amid auto bailout worries
Dec 10, 2008 10:00 pm - NEW YORK -- Wall Street's anxiety about Detroit automakers welled up Thursday, sending stocks sharply lower in an afternoon sell-off as investors grew fearful that a bil...