Markets
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Asian markets mixed on worries about U.S. inflation
Mar 19, 2009 11:00 pm - HONG KONG -- Asian stock markets were mixed Friday as investors turned cautious amid worries the U.S. Federal Reserve's latest move to combat recession in the world's la...
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Crude prices level off after week-long rally
Mar 19, 2009 11:00 pm - NEW YORK -- Oil prices leveled off Friday after the effects of OPEC production cuts and a massive U.S. government buying spree led to a weeklong rally. Benchmark crude f...
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Oil hits high for 2009 as dollar plunges
Mar 18, 2009 11:00 pm - NEW YORK -- A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday. "I think we'll see h...
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Stock rally fades as investors assess Fed moves
Mar 18, 2009 11:00 pm - NEW YORK -- Investors doused a two-week-old stock rally Thursday on worries about fallout from the Federal Reserve's plan to pump more than $1 trillion into the financia...
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World markets mostly higher after Fed's $1.2T plan
Mar 18, 2009 11:00 pm - LONDON -- World stock markets were mostly higher Thursday on guarded optimism the U.S. Federal Reserve's bold $1.2 trillion spending plan would bring a quicker end to th...
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Stocks up after Fed says it will buy Treasurys
Mar 17, 2009 11:00 pm - NEW YORK -- The Federal Reserve is keeping Wall Street's big rally alive -- and giving the Treasury market a boost as well. The Fed said Wednesday it will start buying T...
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Industry recommends money-market fund safeguards
Mar 17, 2009 11:00 pm - BOSTON -- An industry group is proposing stricter rules for money-market mutual funds after a fund last fall exposed investors to losses. The Investment Company Institu...
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Oil tumbles on new inventory report
Mar 17, 2009 11:00 pm - NEW YORK -- Oil prices slumped Wednesday on a government report showing that crude and gasoline inventories are bulging with surplus supply. Benchmark crude for April de...
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Asia, Europe markets edge higher after U.S. rally
Mar 17, 2009 11:00 pm - SHANGHAI -- Most Asian and European markets rose modestly Wednesday after an overnight surge on Wall Street, while Tokyo shares were buoyed by fresh support for the wobb...
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Wall Street builds momentum on housing report
Mar 16, 2009 11:00 pm - NEW YORK -- Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction. Major m...