Markets
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Oil rises near $94 on China, US recovery hopesJan 14, 2013 6:37 am - BANGKOK (AP) — Oil prices rose to near $94 on Monday, supported by signs of economic recovery in the U.S. and China. Benchmark oil for February delivery was up 33 cents ...
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Stocks little changed on Wall Street; Apple slidesJan 14, 2013 5:50 am - NEW YORK — Apple held down the Standard & Poor’s 500, pushing it further below the five-year high it reached last week, after the technology giant’s stock sank following...
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Markets up further as investors remain confidentJan 14, 2013 5:48 am - LONDON — The new year rally in global markets showed few signs of abating Monday ahead of a speech on monetary policy from Federal Reserve chairman Ben Bernanke. A numbe...
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Bond investors: Heed warnings about rise in ratesJan 13, 2013 6:07 am - BOSTON — Super-low interest rates will eventually rise, and when they do, bond investors could be stuck with losses. It’s a warning that’s been heard frequently in recen...
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Hostess to sell breads to Flower Foods for $390 millionJan 11, 2013 6:00 pm - NEW YORK — Hostess said Friday it has a deal to selling most of its bread business, including the Wonder and Nature’s Pride, to Flowers Foods Inc. for $390 million. The ...
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USDA report details crop losses to droughtJan 11, 2013 2:59 pm - DES MOINES, Iowa — The federal government released its final crop report for 2012 on Friday, detailing heavy losses caused by the worst drought the U.S. has experienced ...
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Illinois drops to No. 4 in corn productionJan 11, 2013 2:58 pm - ST. LOUIS — Illinois corn production plunged 34 percent last year as a severe drought cost the state bragging rights as the country’s second-biggest grower of the grain,...
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Stocks gain for second straight weekJan 11, 2013 9:50 am - NEW YORK — Stocks gained for a second straight week as company earnings reports started to come in, keeping the Standard and Poor’s 500 index within a fraction of its hi...
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Japan’s Nikkei jumps on Abe’s stimulus packageJan 11, 2013 5:36 am - BANGKOK — Japan’s Nikkei stock index jumped Friday after Prime Minister Shinzo Abe announced a massive spending package intended to breathe life into the country’s morib...
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Oil near $94 as China inflation picks upJan 11, 2013 5:35 am - BANGKOK — Oil prices edged up Friday but gains were contained by a rise in China’s inflation that if sustained could limit measures to support growth. Benchmark oil for ...