Markets
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Oil trades near week high on stimulus outlook, Mideast unrestJul 31, 2012 6:29 am - Oil traded near the highest level in a week in New York on speculation U.S. and European policy makers will act to boost growth and concern that unrest in the Middle Eas...
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Oil rises for 5th day on Europe action hopesJul 30, 2012 6:27 am - BANGKOK — Oil prices rose for a fifth day ahead of a meeting Monday between the U.S. Treasury Secretary and top European finance officials as expectations remain elevate...
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Ginnie Mae funds: 5 things investors need to knowJul 29, 2012 7:13 am - BOSTON — Investors continue to place an unusually high premium on safety. How else to explain the record low yields they’re willing to accept for lending to Uncle Sam? T...
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Amazon CEO gives $2.5 million for gay marriage lawJul 27, 2012 5:47 pm - OLYMPIA, Wash. — Amazon.com founder and CEO Jeff Bezos and his wife, MacKenzie, announced Friday they are donating $2.5 million to the campaign to defend Washington’s sa...
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Facebook shares sink to new lowJul 27, 2012 4:02 pm - NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88...
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Stocks move higher, Dow crosses above 13,000Jul 27, 2012 8:00 am - NEW YORK — Faced with Facebook, Starbucks and Angela Merkel, the market chose to focus on Merkel. For a second day, the U.S. stock market powered higher after European ...
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ECB-driven rally runs out of steam in EuropeJul 27, 2012 6:44 am - LONDON — European markets stabilized Friday after the previous day’s rally, which had been driven by the European Central Bank chief’s pledge to do whatever it takes to ...
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Markets like signal from European Central BankJul 26, 2012 4:00 pm - NEW YORK — It was the buy signal that markets were waiting for. When European Central Bank president Mario Draghi vowed to “do whatever it takes” to keep the continent's...
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Oil down as US supplies swell, SKorea growth slowsJul 26, 2012 7:00 am - BANGKOK — Oil prices fell Thursday in Asia after U.S. crude inventories swelled and a slowdown in South Korea's economy underlined that growth in demand for fuel could r...
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Hopes for ECB action help European marketsJul 26, 2012 6:44 am - LONDON — European stocks recovered Thursday as hopes for central bank action to ease the financial crisis tempered worries that the economic downturn is hurting corporat...