Markets
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World stocks drop amid mounting economic gloom
Jan 14, 2009 10:00 pm - LONDON -- World stock markets dived Thursday, particularly in Asia where investors played catch-up with previous losses in Europe and the U.S., after dismal U.S. retail ...
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Battered hedge funds face difficult '09
Jan 13, 2009 10:00 pm - NEW YORK - Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" - outsized profits whether markets rose or fell. Using sophistic...
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Stocks tumble on disappointing retail sales
Jan 13, 2009 10:00 pm - NEW YORK -- Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wedn...
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Oil prices sink with inventories bulging
Jan 13, 2009 10:00 pm - COLUMBUS, Ohio -- Oil prices tumbled Wednesday as new government reports show U.S. crude inventories continuing to build, suggesting that demand for oil and gasoline wil...
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Oil finishes higher on Bernanke comments
Jan 12, 2009 10:00 pm - COLUMBUS, Ohio -- Crude futures halted a weeklong price slide Tuesday, nudging higher after Federal Reserve Chairman Ben Bernanke said the stimulus package could provide...
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Asian markets sink as investors ready for earnings
Jan 12, 2009 10:00 pm - BANGKOK, Thailand -- Most Asian markets retreated Tuesday, led by a steep fall in Japan, as commodities stocks followed oil prices lower and a bleak outlook for earning...
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Stocks end mixed on earnings anxiety
Jan 12, 2009 10:00 pm - NEW YORK -- Wall Street's growing angst about company earnings gave stocks a mixed finish Tuesday, with the Dow Jones industrials suffering their fifth straight loss. Th...
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Investors' recent optimism wanes ahead of earnings
Jan 11, 2009 10:00 pm - NEW YORK -- Coming off its worst week since November, Wall Street is now wondering if its late 2008 optimism about the economy was misguided -- or at least premature. Th...
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U.S. stocks tumble as oil falls on economic worries
Jan 11, 2009 10:00 pm - NEW YORK -- Wall Street extended last week's slide Monday as investors worried that the quarterly results companies begin releasing this week will signal the economy is ...
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Oil falls below $39
Jan 11, 2009 10:00 pm - VIENNA, Austria -- Oil prices fell Monday on concerns over global economic growth, with key U.S. corporate earnings results expected to give a new reading on crude deman...