Markets
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Financial stocks were the biggest gainers of 2012Jan 01, 2013 5:00 am - Financial stocks had a stellar year in 2012, leading the industry groups in the Standard & Poor's 500 index. Utility companies were the worst performing group. Nine of t...
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Wall Street 2012: Rocky ride ends upJan 01, 2013 5:00 am - NEW YORK — If you'd told investors what was going to happen in 2012 — U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in China, fis...
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Stocks shoot up as investors bet on ‘cliff’ dealDec 31, 2012 3:28 pm - NEW YORK — The stock market shot higher on Monday even as the “fiscal cliff” neared. By the time trading ended, Republicans and Democrats still hadn’t reached a budget c...
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Markets calm despite looming fiscal cliffDec 31, 2012 6:27 am - LONDON — Markets appeared Monday to be taking in stride the prospect that U.S. politicians will fail to agree a budget deal in time to avoid automatic tax increases and ...
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Oil steady as ‘fiscal cliff’ deadline approachesDec 31, 2012 5:50 am - LONDON — Oil prices were little changed Monday as a U.S. budget deadline neared with rival politicians still at odd over key issues. Benchmark oil for February delivery ...
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Will retailers rebound after weak holiday season?Dec 30, 2012 4:07 pm - WASHINGTON — As signs emerge that holiday sales this year grew at the weakest pace since 2008, investors are dumping retail stocks. Analysts are crowing about the missin...
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MF Global trustee: Some clients may be made wholeDec 28, 2012 4:56 pm - NEW YORK — Some customers of the failed brokerage MF Global could get back all the money they lost, according to the trustee working to recover those funds. In a statem...
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Obama: Immediate action needed on fiscal cliffDec 28, 2012 4:30 pm - WASHINGTON — President Barack Obama says “the hour for immediate action is here” on a deal to avert the fiscal cliff. The president says he remains “optimistic” that an ...
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Last ditch effort to avoid fiscal cliff under wayDec 28, 2012 12:00 pm - WASHINGTON — The end game at hand, the White House and Senate leaders made a final stab at compromise Friday night to prevent middle-class tax increases from taking effe...
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Stocks tumble as 'fiscal cliff' deadline nearsDec 28, 2012 12:00 pm - NEW YORK — Stocks fell for a fifth day on concern that Washington lawmakers will fail to reach a budget deal before a self-imposed year-end deadline. The five-day losing...