Markets
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Oil falls on concerns over weak global demand
Sep 17, 2008 11:00 pm - NEW YORK -- Oil prices broke back above $100 a barrel as investors sought a haven from the financial sector's turmoil, but crude later gave back its gains as the tenuous...
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Stocks surge on report of entity for bad debt
Sep 17, 2008 11:00 pm - NEW YORK -- Wall Street rallied in a stunning late-session turnaround Thursday, shooting higher and hurtling the Dow Jones industrials up 400 points following a report t...
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Gold surges to nearly $900 as credit crisis deepens
Sep 17, 2008 11:00 pm - NEW YORK -- Gold prices spiked near $900 an ounce Thursday as unnerved investors poured money into safe-haven assets for a second day on fears that a U.S. recession is a...
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Stocks tumble as insurer teeters
Sep 16, 2008 11:00 pm - NEW YORK -- Wall Street plunged again Wednesday as anxieties about the financial system ran high after the government's bailout of insurer American International Group I...
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Congress eyes tough new regulations amid financial crisis
Sep 16, 2008 11:00 pm - WASHINGTON - A Congress criticized for being asleep at the switch while financial problems festered is eying tough new regulations for investment banks and a new governm...
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Experts say don't panic at stocks' wild ride, but be cautiousSep 16, 2008 11:00 pm - Mount Prospect certified financial planner James Platania says he's seen a typical reaction from investors in his 26 years in the business. They hate losing money. But w...
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Oil spikes $6 on safe-haven buying, weak dollar
Sep 16, 2008 11:00 pm - NEW YORK -- Oil prices shot up $6 a barrel Wednesday, rebounding as fears of a spreading crisis in the U.S. financial sector sent skittish investors scrambling out of st...
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Despite crisis, Freddie, Fannie serve a purposeSep 16, 2008 11:00 pm - WASHINGTON -- As soon as I heard about the federal government's takeover of Fannie Mae and Freddie Mac, I began wondering what this will mean for homeowners long-term. F...
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Bank of Japan injects money to help calm crisis
Sep 15, 2008 11:00 pm - TOKYO _ The Bank of Japan injected 2.5 trillion yen (US$24 billion) into markets Tuesday as Japan scrambled to calm fears about a financial crisis after U.S. investment...
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Oil prices continue to sink
Sep 15, 2008 11:00 pm - NEW YORK -- Oil prices extended their retreat Tuesday, shedding $10 a barrel in a violent, two-day slide as tumult on Wall Street dims hopes for a swift economic recover...