Markets
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Buffett says economy needs quick relief
Oct 02, 2008 11:00 pm - OMAHA, Neb. - Billionaire investor Warren Buffett said the nation has been hit with an "economic Pearl Harbor," and the government must respond quickly. Buffett talked a...
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Tighter credit begins to hit manufacturing, jobsOct 02, 2008 11:00 pm - WASHINGTON -- There's no need to explain to Al Lubrano how deeply tight credit has wounded the economy. Lubrano, president of a metal components maker in Lincoln, R.I., ...
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Oil near $94 as market awaits bailout vote
Oct 02, 2008 11:00 pm - Oil prices were erratic near $94 a barrel Friday as investors waited to see if a reworked $700 billion bailout package would pass the U.S. Congress and help stabilize th...
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Asian stocks fall despite Senate rescue plan vote
Oct 01, 2008 11:00 pm - TOKYO _ Asian stock markets retreated Thursday as broader concerns about a global economic slowdown outweighed any relief over the U.S. Senate's passage of the bailout p...
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Commodities prices dive as dollar surges vs. euro
Oct 01, 2008 11:00 pm - NEW YORK -- Commodities prices plunged Thursday as a rapidly strengthening dollar and more gloomy readings on the economy compelled investors to dump positions in gold, ...
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Oil falls on demand concerns
Oct 01, 2008 11:00 pm - NEW YORK -- Oil prices closed at their lowest level in two weeks Thursday, tumbling below $94 a barrel on doubts that a revamped financial bailout plan will be enough to...
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Stocks decline on unemployment, factory reports
Oct 01, 2008 11:00 pm - NEW YORK -- Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tightening the credit markets....
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Futures pull back after Senate bailout plan vote
Oct 01, 2008 11:00 pm - NEW YORK _ Financial markets reacted cautiously to the Senate's passage of the banking bailout plan late Wednesday, with stock index futures falling and indicating a dr...
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Stocks calm after snapback rally
Sep 30, 2008 11:00 pm - NEW YORK -- The financial markets saw some relative calm Wednesday as investors uneasily awaited a Senate vote on the banking bailout plan, with Wall Street closing with...
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Oil down after surprise jump in U.S. crude supplies
Sep 30, 2008 11:00 pm - NEW YORK -- Oil prices dipped below $100 a barrel Wednesday as ample increases in U.S. crude and gasoline supplies added to mounting evidence that a rough economy is for...