Markets
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Oil falls below $36 ahead of busy earnings week
Jan 18, 2009 10:00 pm - Oil prices fell to below $36 a barrel Monday as investors eyed a slew of U.S. corporate earnings this week for signs of weakening consumer demand amid the worst recessio...
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Asian stock markets gain but caution remains
Jan 15, 2009 10:00 pm - HONG KONG -- Asian stocks rebounded modestly Friday from the previous day's rout, with Tokyo's index gaining more than 2 percent, as optimism grew the U.S. would again ...
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Crude prices fall below $35
Jan 15, 2009 10:00 pm - NEW YORK -- The lack of space to store burgeoning crude inventories pushed oil prices lower Friday with yet another major energy group predicting demand in will fall aga...
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Wall Street unable to sustain rally
Jan 15, 2009 10:00 pm - NEW YORK - Wall Street has managed its second straight comeback, but the rebound was more a sign of the market's turmoil than strength. Stocks closed moderately higher F...
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Asian stocks plunge on U.S. retail sales, bank fears
Jan 14, 2009 10:00 pm - HONG KONG -- Asian stocks tumbled Thursday, with benchmarks in Japan and Hong Kong dropping 4 percent or more, on gloomy U.S. holiday sales and renewed concerns about t...
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Bear market intensifies for crude; prices tumble
Jan 14, 2009 10:00 pm - NEW YORK -- Oil prices flirted with five-year lows Thursday as unemployment benefit claims rose and OPEC cut demand expectations for 2009. Any belief that energy prices ...
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Stocks regain ground as hopes grow for bailout
Jan 14, 2009 10:00 pm - NEW YORK -- Wall Street pulled off a big turnaround Thursday, rebounding from a steep early drop to finish modestly higher. Investors began the day worrying about a revi...
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World stocks drop amid mounting economic gloom
Jan 14, 2009 10:00 pm - LONDON -- World stock markets dived Thursday, particularly in Asia where investors played catch-up with previous losses in Europe and the U.S., after dismal U.S. retail ...
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Battered hedge funds face difficult '09
Jan 13, 2009 10:00 pm - NEW YORK - Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" - outsized profits whether markets rose or fell. Using sophistic...
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Stocks tumble on disappointing retail sales
Jan 13, 2009 10:00 pm - NEW YORK -- Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wedn...