Markets
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Oil prices fall to near $92 a barrelJan 04, 2013 5:33 am - BANGKOK — Oil prices fell Friday as euphoria faded over a budget deal reached earlier this week by U.S. lawmakers and traders focused on signs of lackluster demand. Benc...
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World markets stall ahead of US jobs dataJan 04, 2013 5:00 am - BANGKOK — European stocks traded listlessly Friday as investors awaited key U.S. jobs data for a fresh reading on the health of the world's largest economy. Shares in Ja...
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Stocks fade after Fed discloses split on stimulusJan 03, 2013 8:43 am - NEW YORK — A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve’s last meeting revealed a split between bank offi...
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Oil prices tumble over ample supplies, flat demandJan 03, 2013 5:23 am - BANGKOK — Oil prices fell Thursday as fiscal-cliff euphoria fizzled and the traders evaluated ample energy supplies against lackluster demand. Benchmark crude for Februa...
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Fiscal cliff market relief fades in EuropeJan 03, 2013 5:00 am - FRANKFURT, Germany — Enthusiasm waned Thursday in Europe over U.S. legislators' deal to stave off the so-called fiscal cliff, a series of automatic tax increases and spe...
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Fiscal-cliff deal no recipe for a robust economyJan 03, 2013 4:59 am - WASHINGTON — Housing is rebounding. Families are shrinking debts. Europe has avoided a financial crackup. And the fiscal cliff deal has removed the most urgent threat to...
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Stocks soar on budget deal, but problems lurkJan 02, 2013 11:31 am - NEW YORK — The “fiscal cliff” compromise, even with all its chaos, controversy and unresolved questions, was enough to ignite the stock market on Wednesday, the first tr...
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European stocks jump to 22-month high as U.S. passes budget dealJan 02, 2013 7:30 am - European stocks rallied to the highest in nearly 22 months as U.S. lawmakers passed a budget bill that avoided most scheduled tax increases threatening a recovery in the...
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Markets rally after US ‘fiscal cliff’ dealJan 02, 2013 5:37 am - LONDON — Markets breathed a huge sigh of relief Wednesday that U.S. lawmakers agreed on a budget deal that will stop hundreds of billions of dollars in automatic tax inc...
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What the market looks like for 2013Jan 01, 2013 5:08 am - NEW YORK — It may be a big if, but assuming Washington lawmakers can get past the “fiscal cliff,” many analysts say that the outlook for stocks next year is good, as a r...