Markets
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World stock markets fall sharply
Oct 09, 2008 11:00 pm - LONDON -- World stock markets fell sharply Friday, as Wall Street headed toward its eighth straight day of losses over fears the global economy is set for a protracted r...
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Stocks surge late after 8 days of losses
Oct 09, 2008 11:00 pm - NEW YORK -- Wall Street capped its worst week ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a ...
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Asian markets plunge after huge Wall Street losses
Oct 09, 2008 11:00 pm - TOKYO _ A massive sell-off on Wall Street and an escalating global equity crisis sent Asian stocks plunging Friday, with Japan's benchmark Nikkei 225 index tumbling mor...
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Oil falls near 13-month low on global slowdown
Oct 09, 2008 11:00 pm - NEW YORK -- Oil prices plunged in another violent sell-off Friday, briefly tumbling below $78 a barrel as investors grow more pessimistic about the prospects for resolvi...
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Wall Street rout drops Dow below 9,000 for first time in 5 years
Oct 08, 2008 11:00 pm - WASHINGTON -- Calm gave way to fear in financial markets Thursday, turning a relatively steady day into a rout that pushed the Dow Jones industrials below 9,000 for the ...
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Oil prices fall; OPEC calls emergency meeting
Oct 08, 2008 11:00 pm - NEW YORK -- Oil prices closed at their lowest level in a year Thursday, falling below $85 a barrel even after OPEC signaled that it may tighten production in an effort t...
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Toyota fighting US woes to meet global sales goals
Oct 08, 2008 11:00 pm - TOKYO - Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota may have trouble meeting global vehicle sales targets. But Toy...
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GAO opens probe into gas, oil drilling in Utah
Oct 08, 2008 11:00 pm - SALT LAKE CITY Congressional investigators are looking at a federal government agency's quick approvals for oil and gas drilling in Utah, a development applauded by envi...
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Oil down after surprise jump in U.S. crude supplies
Oct 07, 2008 11:00 pm - NEW YORK -- Oil prices closed down Wednesday after touching their lowest level this year, pressured by a huge jump in U.S. crude inventories and more signs of dwindling ...
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Energy Department warns of higher heating costs
Oct 07, 2008 11:00 pm - WASHINGTON - Although global oil prices have plummeted, the cost of heating your home this winter will be a lot more expensive, especially for households that depend on ...