Markets
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Stocks advance after surprise gain in home sales
May 26, 2008 11:00 pm - NEW YORK -- Wall Street advanced in uneven trading Tuesday after a drop in oil prices and an unexpected gain in new home sales encouraged investors to put money back int...
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Oil drops below $129 on demand worries
May 26, 2008 11:00 pm - NEW YORK -- Oil prices dropped below $129 a barrel Tuesday, falling sharply on a growing sense that soaring gas and oil prices have cut demand for fuel during the normal...
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Wall Street is down after home sales report
May 22, 2008 11:00 pm - NEW YORK -- Stocks resumed their steep slide Friday as investors digested a better-than-expected home sales report that still showed continued weakness, and as traders s...
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Gas at record high as early holiday travelers hit road
May 21, 2008 11:00 pm - NEW YORK -- Americans getting an early start on the Memorial Day weekend found that gasoline prices again sprinted to a new record high overnight, reaching a national av...
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Stocks advance after two-day plunge
May 21, 2008 11:00 pm - NEW YORK -- Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as oil prices stepped back from their frenetic upward run. O...
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Oil prices pass $133 after government reports supply drop
May 20, 2008 11:00 pm - NEW YORK -- Runaway oil prices blew past $133 a barrel for the first time Wednesday and kept going, while gasoline prices persisted in their own relentless climb, rising...
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Stocks fall after oil passes $132, inventories drop
May 20, 2008 11:00 pm - NEW YORK -- Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepen...
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Fed auctions $75B to ease credit stresses
May 19, 2008 11:00 pm - WASHINGTON -- Working to relieve stressed credit markets, the Federal Reserve has auctioned another $75 billion in loans to squeezed banks, bringing the total to $510 bi...
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Stocks stumble after record oil, inflation worries
May 19, 2008 11:00 pm - NEW YORK -- Wall Street stumbled Tuesday after oil prices spiked to a new record above $129 a barrel and a government report raised investors' concerns about the impact ...
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Oil crosses $129 for first time, heads for $130
May 19, 2008 11:00 pm - NEW YORK -- Just in time for the start of the summer driving season: Oil near $130 a barrel and gas getting closer to an average of $4 a gallon. Crude prices spiked to y...