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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By Whitney Kisling, Bloomberg |
April 29, 2013
U.S. technology stocks, the second-best industry of the past decade, have fallen to the cheapest levels in at least seven years and are vulnerable to more losses as analysts reduce second-quarter profit estimates.
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By Lu Wang, Whitney Kisling and Eric Lam, Bloomberg |
April 23, 2013
A false report of explosions at the White House that wiped out $136 billion from the Standard & Poor’s 500 Index in about two minutes highlighted the risks of the computerized trading that dominates the $18 trillion market.
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By Steve Walsh, Bloomberg |
April 18, 2013
The Senate Energy and Natural Resources Committee approved the nomination of Ernest Moniz as secretary of the Energy Department, setting up a confirmation vote by the full Senate.
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By Mike Dorning, Bloomberg |
April 8, 2013
Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
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By Lu Wang and Sarah Pringle, Bloomberg |
March 18, 2013
U.S. stocks fell, after the Dow Jones Industrial Average reached record highs last week, as a levy imposed by euro-area leaders on Cypriot bank deposits sparked concern the region’s debt crisis is intensifying.
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By Michael Shanahan and Rita Nazareth, Bloomberg |
February 27, 2013
Stocks rallied, sending the Dow Jones Industrial Average to the highest since October 2007, as Italy sold debt amid political turmoil and U.S. data bolstered confidence in the world’s largest economy.
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By Roxana Tiron and James Rowley, Bloomberg |
January 18, 2013
House Republicans plan to vote next week on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.
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By Phil Flynn |
October 26, 2012
Hurricane Sandy is far from a dandy, threatening to be one of the worst storms in history. Because it will blow away ghosts and goblins it is being called the “Frankenstorm.” It will also blow energy demand.