Markets
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Oil drops as US ‘fiscal cliff’ approachesDec 21, 2012 5:39 am - BANGKOK — Oil prices fell below $90 per barrel Friday as doubts intensified that political leaders in Washington would be able to reach a deal on the budget before a cos...
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Waiting on fiscal cliff compromise, stocks inch upDec 20, 2012 2:49 pm - NEW YORK — The stock market ended higher Thursday after flipping between small gains and losses throughout the morning. Uncertainty about the “fiscal cliff,” just days a...
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Oil prices drop as US ‘fiscal cliff’ talks stallDec 20, 2012 5:23 am - By midday in Europe, benchmark crude for February delivery was down 10 cents to $89.88 per barrel in electronic trading on the New York Mercantile Exchange. The contract...
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U.S. budget talks keep markets nervousDec 20, 2012 5:22 am - AMSTERDAM — World markets were mixed Thursday as investors weighed an apparent turn for the worse in U.S. political leaders’ attempt to reach an agreement on fiscal poli...
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Stocks fall as sides snipe in ‘cliff’ talksDec 19, 2012 10:44 am - Stocks dipped Wednesday, recording their first loss of the week. President Barack Obama and Republicans in Congress sniped at each other, and a deadline to avoid sweepin...
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World stocks rally over U.S. budget deal optimismDec 19, 2012 5:01 am - BANGKOK — World stock markets rose Wednesday after U.S. political leaders appeared to be closing in on a budget deal to avert the “fiscal cliff” by the year-end deadline...
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Stocks gain on optimism that a budget deal is nearDec 18, 2012 10:54 am - NEW YORK — Stocks climbed on Wall Street Tuesday, pushing the Standard and Poor’s 500 to its highest level in two months, on optimism that lawmakers are closing in on a ...
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Optimism over U.S. budget deal shores up marketsDec 18, 2012 5:20 am - LONDON — Indications that U.S. politicians are inching toward a budget deal that will avoid the imposition of potentially damaging tax increases and spending cuts gave m...
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Stocks move higher as budget talks progressDec 17, 2012 4:12 pm - NEW YORK — Stocks rose on Wall Street as investors were encouraged by signs of progress in budget talks in Washington. Just two weeks remain before tax increases and gov...
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Japan’s Nikkei outperforms as opposition wins bigDec 17, 2012 4:42 am - LONDON — Japanese shares outperformed all others Monday amid hopes that the new government will soon enact fresh stimulus measures. The country’s Nikkei 225 index jumped...