Markets
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Oil price climbs above $90 on stronger US demandJul 18, 2012 12:16 pm - NEW YORK — The price of oil climbed above $90 per barrel for the first time since May after the government said U.S. oil demand is on the rise. The Energy Information Ad...
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Jump in housing starts, earnings sending stocks upJul 18, 2012 11:47 am - NEW YORK — News signs of a rebound in housing and a handful of better earnings reports are bringing buyers back to the stock market. The Dow Jones industrial average ros...
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Oil hovers above $88 on stimulus hopesJul 17, 2012 6:35 am - BANGKOK — Oil hovered above $88 a barrel Tuesday in Asia amid hopes China and the U.S. will take new steps to bolster their economies. Benchmark crude was up 2 cents at ...
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World stock markets rise on stimulus hopesJul 17, 2012 6:32 am - BEIJING — World stocks rose Tuesday as optimism China and the United States might take new steps to stimulate growth offset weak U.S. data and the IMF’s gloomier outlook...
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Oil falls below $87 as China cautions on economyJul 16, 2012 6:25 am - BANGKOK — Oil fell slightly in Asia on Monday as the Chinese premier’s downbeat comments on the economy underlined the possibility of weak demand from the world’s second...
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Markets down ahead of U.S earnings; euro hits 2-yr lowJul 16, 2012 6:22 am - LONDON — Financial markets were subdued Monday ahead of a raft of U.S. corporate earnings statements that should shed more light on the state of the U.S. economic recove...
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Emerging market bonds: 4 things you need to knowJul 14, 2012 11:00 pm - BOSTON — Investors continue to pour their money into bonds. And the decline in the stock market this month certainly won't stem their flight to safer investments. Yet th...
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Analysts to cut Britain’s GDP forecastJul 14, 2012 8:38 pm - The U.K. economy won’t grow this year as damage from the euro-area debt crisis overshadows a pickup in consumer spending in the second half, the Ernst & Young Item Club ...
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JPMorgan leads Dow Jones average to a big gainJul 13, 2012 4:24 pm - NEW YORK — JPMorgan Chase blew away a cloud of concern hanging over the banking industry Friday and set off a rally in stocks. Relieved investors drove up bank stocks, e...
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IPO market starts to thawJul 13, 2012 1:31 pm - NEW YORK — With new public stock offerings for guitar maker Fender and travel booking website Kayak on deck next week, there are signs demand is starting to grow for IPO...