Markets
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Gasoline prices spike as Ike heads toward Texas
Sep 10, 2008 11:00 pm - NEW YORK -- Gasoline prices jumped to unprecedented levels in the wholesale markets Thursday as Hurricane Ike tore across the Gulf of Mexico, threatening to strike Texas...
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Stocks turn higher, but Lehman still a worry
Sep 10, 2008 11:00 pm - NEW YORK -- Stocks made a stunning comeback Thursday, as investors snapped up some of the financial sector's stronger players and pumped money into the materials and tra...
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Stocks close up modestly after Lehman announces plan
Sep 09, 2008 11:00 pm - NEW YORK -- Stocks ended a temperamental session moderately higher Wednesday as investors bought up the stocks of energy, materials and consumer-staple companies, but re...
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Oil prices fall even after inventory drops
Sep 09, 2008 11:00 pm - NEW YORK -- Oil prices fell in jittery trading Wednesday, as the strengthening dollar and signs of a slowing economy outweighed inventory drops and OPEC's cutback of exc...
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Study links oil prices to speculation
Sep 09, 2008 11:00 pm - WASHINGTON -- An independent study of oil markets concludes that speculation by large investors was a primary reason for the surge in oil prices during the first half of...
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Fed auctions another $25 billion in loans to banks
Sep 09, 2008 11:00 pm - WASHINGTON -- The Federal Reserve has auctioned another $25 billion in loans to squeezed banks to help them overcome credit problems. The central bank on Wednesday relea...
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Real GDP? Maybe not, critics say
Sep 09, 2008 11:00 pm - NEW YORK - It was a rare bit of stellar economic news. The Commerce Department revised Gross Domestic Product upward last month, saying the broad measure of the economy ...
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Wall Street retreats as financials weaken
Sep 08, 2008 11:00 pm - NEW YORK -- Stocks tumbled Tuesday after fresh worries about the stability of Lehman Brothers Holdings Inc. touched off renewed jitters about the overall financial secto...
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Oil down as Ike shifts course, OPEC mulls output
Sep 08, 2008 11:00 pm - NEW YORK -- Oil prices slipped below $104 a barrel Tuesday for the first time since early April as traders bet that Hurricane Ike would miss critical Gulf Coast oil inst...
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Dow soars on fed takeover plan for mortgage giants
Sep 07, 2008 11:00 pm - NEW YORK -- Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government's m...