Markets
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Stocks rise after two days of heavy selling
Nov 06, 2008 10:00 pm - NEW YORK -- Buyers returned to Wall Street Friday after two days of heavy losses, mindful of the economy's growing problems but attracted by stocks' lower prices. Analys...
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Oil prices near $60 on recession fears
Nov 05, 2008 10:00 pm - HOUSTON -- Oil prices neared $60 a barrel Thursday, their lowest point in about a year and a half, as a growing number of economic reports point to a long and painful re...
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Stocks tumble, losing 10 percent in 2-day rout
Nov 05, 2008 10:00 pm - NEW YORK -- Wall Street plunged for a second day, triggered by computer gear maker Cisco Systems warning of slumping demand and retailers reporting weak sales for Octobe...
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Worst financial crisis in 70 years awaits Obama
Nov 05, 2008 10:00 pm - WASHINGTON - To the victor goes the mess. Barack Obama's presidential election victory comes with an albatross of a prize an economy beset by a stubborn housing slump an...
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Mortgage rates drop to average 6.2 percent
Nov 05, 2008 10:00 pm - WASHINGTON - Mortgage rates dropped this week, providing a dose of welcome news to prospective home buyers. Freddie Mac, the mortgage giant, reported Thursday that rates...
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World markets surge as America votesNov 04, 2008 10:00 pm - LONDON _ World markets surged Tuesday as the uncertainty about who will be the next U.S. president neared an end and a leading U.S. investment bank told its clients in E...
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Oil slides below $66 on weaker demand worries
Nov 04, 2008 10:00 pm - HOUSTON -- Oil prices dipped below $66 a barrel Wednesday as investor sentiment once again seemed to shift to the growing global economic malaise and its potential impac...
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Stocks plunge anew as recession worries resurface
Nov 04, 2008 10:00 pm - NEW YORK -- A case of postelection nerves sent Wall Street plunging Wednesday as investors absorbed a stream of bad economic news abd wondered how a Barack Obama preside...
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Stocks surge as investors anticipate year-end rally
Nov 03, 2008 10:00 pm - NEW YORK -- Investors believing that Wall Street is on the verge of a yearend rally piled into the market Tuesday, brushing off more weak economic data while they scarfe...
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Depression -- a mental one -- coming Depression-a mental one-comingNov 03, 2008 10:00 pm - Nearly five years ago MIT Press published "The Coming Generational Storm," a book I co-authored with economist Laurence J. Kotlikoff. We shared a deep foreboding about t...