Markets
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Worsening Greek debt crisis sinks stocks, euroJun 14, 2011 11:00 pm - NEW YORK -- Unrest in Greece rattled global financial markets Wednesday. Stocks suffered their biggest losses since June 1 as investors piled into lower-risk assets like...
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Stocks shake off 2-week slump on retail sales newsJun 13, 2011 11:00 pm - NEW YORK — A better than expected retail sales report reversed a two-week slump in the stock market Tuesday, sending indexes higher for only the third day this month. Th...
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Experts say economy just needs more timeJun 13, 2011 12:00 am - WASHINGTON — The best cure for the economy now is time. That’s the overwhelming opinion of leading economists in a new Associated Press survey. They say the Federal Rese...
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Corporate buyout deals nudge indexes higherJun 13, 2011 12:00 am - NEW YORK — A round of corporate deals helped the broad stock market eke out only its second day of gains this month. Wendy’s/Arby’s Group Inc. rose nearly 1 percent aft...
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Oil falls to below $99 on Saudi crude output boostJun 12, 2011 11:00 pm - SIGNAPORE — Oil prices fell to below $99 a barrel Monday in Asia, extending a big loss from Friday after a report said Saudi Arabia plans to boost its crude production. ...
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Stocks trade mixed after 6 weeks of lossesJun 12, 2011 11:00 pm - NEW YORK — Stocks traded mixed Monday, stabilizing after six straight weeks of declines. Corporate deals helped encourage investors to look for values. Wendy's/Arby's Gr...
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Analyst: China risks ‘hard landing’ on excess investmentJun 11, 2011 12:00 am - China faces the risk of a “hard landing” after 2013 as efforts to boost growth through investment lead to excess capacity, said Nouriel Roubini, the New York University ...
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Dow falls below 12k; stocks head for 6th down weekJun 09, 2011 11:00 pm - The Dow Jones industrial average fell below 12,000 for the first time since March Friday as fears spread that the global economic recovery is losing steam. The market is...
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Oil slips below $101 in Europe on stronger dollarJun 09, 2011 11:00 pm - Oil prices slipped below $101 a barrel Friday as a stronger dollar and expectations of increased output from Saudi Arabia overshadowed strong crude demand in China. By e...
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Quinn defends business tax increaseJun 09, 2011 12:00 am - Gov. Pat Quinn promised an “ongoing conversation” after the owner of two major futures markets in Chicago suggested the possibility of relocating because of Illinois’ bu...