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By Alan Bjerga, Bloomberg |
March 20, 2013
The Senate adopted an amendment to a spending bill that would avoid furloughing U.S. meat inspectors as part of budget cuts, lowering the risk of disrupting plants run by companies including Tyson Foods Co.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By Naureen S. Malik, Bloomberg |
March 7, 2013
Natural gas futures climbed to a 13-week high in New York after a government report showed that U.S. inventories fell by more than forecast last week as cold weather boosted demand.
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By Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
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By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
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By Tsuyoshi Inajima and Sally Bakewell, Bloomberg |
February 20, 2013
Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
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By Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
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By Debarati Roy and Phoebe Sedgman, Bloomberg |
February 15, 2013
Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years. John Paulson maintained his holding.
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By Tony C. Dreibus and Jeff Wilson, Bloomberg |
February 13, 2013
Corn futures fell, capping the longest slump in 32 years, on speculation that beneficial weather will boost crops in Argentina, the world’s second-biggest exporter, and Brazil.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.