Markets
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Rates on 30-year mortgages jump to 6.42 percent
Jun 18, 2008 11:00 pm - WASHINGTON -- Rates on 30-year mortgages kept surging this week, rising to the highest level in nearly nine months, reflecting more concerns about what the Federal Reser...
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Oil rebounds from early losses on Nigeria strike threat
Jun 17, 2008 11:00 pm - NEW YORK -- Oil prices climbed more than $2 per barrel on Wednesday, rebounding from earlier losses on reports that Nigerian oil workers are about to strike and as inves...
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Stocks fall amid concerns about financials, FedEx
Jun 17, 2008 11:00 pm - NEW YORK -- Wall Street took a tumble Wednesday on renewed concerns about the financial sector and FedEx Corp.'s warning that weakening demand and surging fuel costs wou...
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Fed auctions $75 billion to ease credit stresses
Jun 16, 2008 11:00 pm - WASHINGTON -- The Federal Reserve has auctioned another $75 billion in loans to squeezed banks to help them overcome credit problems. The central bank on Tuesday announc...
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Stocks fall as data show drag of higher oil
Jun 16, 2008 11:00 pm - NEW YORK -- Stocks declined Tuesday as worrisome economic readings underscored the drag of higher energy prices on the economy. Economic data on inflation at the wholesa...
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Oil pulls back from record high
Jun 15, 2008 11:00 pm - NEW YORK -- Crude oil futures swung wildly on Monday, rising to a record of almost $140 per barrel and then tumbling as investors weighed Saudi Arabia's promise to boost...
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Deja vu: Summer credit worries on Wall Street
Jun 15, 2008 11:00 pm - NEW YORK -- The summer heat has hit Wall Street, and everyone's nervous about investment banks' financial results. Sound familiar? At this point last year, reports were ...
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Stocks trade mostly higher as oil retreats
Jun 15, 2008 11:00 pm - NEW YORK -- Stocks turned mostly higher Monday as oil prices retreated and a quarterly report from Lehman Brothers Inc. boosted some investors' hopes for the financial s...
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Oil slips below $136 on OPEC forecast
Jun 12, 2008 11:00 pm - NEW YORK -- Oil prices pulled back Friday after OPEC questioned whether crude can remain so high through the rest of the year and the dollar gained against the euro. Mea...
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Dow closes up 100 as data point to stable rates
Jun 12, 2008 11:00 pm - NEW YORK -- Stocks advanced for a second session Friday after government readings on inflation and a decline in oil prices helped contain some worries about the effect o...