Markets
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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...
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Oil prices soar to around $70
Nov 03, 2008 10:00 pm - HOUSTON -- Oil prices surged 11 percent in Election Day trading as the dollar fell against major currencies. Crude prices moved in tandem with global markets, which jump...
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Rush of economic data likely to shape week
Nov 02, 2008 10:00 pm - NEW YORK -- Wall Street's steep gains in the final days of October are leaving some investors optimistic that the market has put its scariest days behind it, but they're...
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Another economic report, another drop for oil
Nov 02, 2008 10:00 pm - HOUSTON -- A worsening economic climate pushed crude futures downward and depressed gasoline futures even further Monday, one bit of good news for consumers amid a flurr...
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Stocks end quiet session mixed ahead of election
Nov 02, 2008 10:00 pm - NEW YORK -- Wall Street ended the calmest session in recent memory with a narrowly mixed performance Monday as investors largely looked past a weak reading on the manufa...
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U.S. auto sales likely fell for 12th month on crunchOct 31, 2008 11:00 pm - U.S. auto sales probably fell for the 12th straight month in October, extending the longest slide in 17 years, as the credit freeze helped crush demand for General Motor...
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Consumers closing their wallets
Oct 31, 2008 11:00 pm - NEW YORK - After slashing their spending in September as the financial meltdown intensified, shoppers went into full retreat in October, spooked by rising layoffs and sh...