Markets
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Oil reaches $142 on view dollar will keep falling
Jun 27, 2008 11:00 pm - NEW YORK -- Oil futures climbed briefly to a new record above $142 a barrel Friday on expectations that the weakening dollar, a major factor in crude's stratospheric ris...
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Wall Street extends losses in volatile week
Jun 26, 2008 11:00 pm - NEW YORK -- Wall Street has suffered another big loss, with the Dow Jones industrials falling more than 100 points amid worries about high oil prices and further fallout...
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Oil prices above $140 as OPEC president says prices could pass $150
Jun 26, 2008 11:00 pm - NEW YORK -- Oil futures shot above $140 Thursday after OPEC's president said oil prices could rise well above $150 a barrel this year and Libya said it may cut oil produ...
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Dow plummets on oil, financial warnings
Jun 25, 2008 11:00 pm - NEW YORK -- A barrage of bad news including yet another record high for oil drove stocks sharply lower Thursday, hurtling the Dow Jones industrials down nearly 360 point...
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Oil prices fall sharply on reports of higher oil, fuel stockpiles
Jun 25, 2008 11:00 pm - NEW YORK -- Oil futures fell sharply Wednesday after the Energy Department said the United States' stockpiles of fuel and oil were larger than expected last week -- evid...
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Stocks end higher after erratic day
Jun 24, 2008 11:00 pm - NEW YORK -- Wall Street ended an erratic day with a modest gain after the Federal Reserve left interest rates unchanged and issued a mixed assessment of the economy. The...
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Oil prices rise modestly on dollar's decline, overseas supply woes
Jun 23, 2008 11:00 pm - NEW YORK -- Oil futures ended an uneven session with a modest gain Tuesday as traders awaited news that could help the market break out of a trading range that has laste...
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Stocks end lower after drop in consumer confidence
Jun 23, 2008 11:00 pm - NEW YORK -- Wall Street ended an erratic session moderately lower Tuesday as concerns grew about the impact of high fuel costs on consumers and corporate profits. Treasu...
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Fed likely to hold rates steady
Jun 22, 2008 11:00 pm - WASHINGTON -- Straddling risky economic crosscurrents, the Federal Reserve is expected to stand still this week on interest rates. Fed Chairman Ben Bernanke and his coll...
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Oil rises despite Saudi output pledge
Jun 22, 2008 11:00 pm - NEW YORK -- Crude oil futures rose Monday on disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline. Light, swe...