Markets
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Oil prices fall as investors eye weak demand
Oct 26, 2008 11:00 pm - HOUSTON -- Oil prices fell to their lowest level in more than a year Monday before rebounding to just above $63 a barrel as growing evidence of a global economic slowdow...
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Stocks end lower as financials give up early gains
Oct 26, 2008 11:00 pm - NEW YORK -- Wall Street has ended another highly volatile session with a big last-minute loss as the market's stubborn worries about a protracted downturn in the economy...
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Home resales rise more than forecast in SeptemberOct 24, 2008 11:00 pm - Home resales in the U.S. rose more than forecast in September, aided by foreclosure-driven declines in prices that indicated the market was stabilizing before the latest...
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Nikkei sharply down in early tradeOct 23, 2008 11:00 pm - TOKYO _ Japan's key stock index dropped more than 4 percent in early trade Friday, pressured by lingering fears over a global recession and a rising yen. The benchmark ...
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Sony stock slides 14 percent on earnings revision
Oct 23, 2008 11:00 pm - TOKYO -- Shares of Sony Corp. plummeted 14 percent Friday after the Japanese electronics giant slashed its annual profit and sales forecasts due to poor demand amid a gl...
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Dow drops 300 on belief global recession is at hand
Oct 23, 2008 11:00 pm - NEW YORK -- Wall Street capped another difficult week with steep losses Friday, sending the major indexes to their lowest levels in more than five years as markets aroun...
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World markets slump on recession fears
Oct 23, 2008 11:00 pm - LONDON -- World stock markets tumbled Friday on growing alarm that a global recession will ravage corporate profits and push smaller developing economies to the brink of...
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TV creating 'currency of momentum' in meltdown coverage
Oct 23, 2008 11:00 pm - NEW YORK - This financial crisis has really redefined the notion of "talking heads." On business news channel CNBC, at any one time, 10 of them can be crowding the scree...
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Oil prices plunge, gas prices follow
Oct 23, 2008 11:00 pm - COLUMBUS, Ohio -- Crude prices tumbled Friday and a gallon of gasoline fell below year-ago levels for the first time in 2008, even as OPEC announced a huge production cu...
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Nikkei falls more than 7 percent in early trade
Oct 22, 2008 11:00 pm - TOKYO -- Japanese shares dropped more than 7 percent in early trade Thursday as jittery investors dumped stocks on growing worries over a slump in the global economy and...