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Latest News

Market falls on record oil price (Reuters) -

Traders work on the floor of the New York Stock Exchange, April 29, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Friday after the price of oil hit a record and consumer sentiment data came in surprisingly weak, reviving concerns over spending.


Fri, 16 May 2008 16:44:35 GMT
Treasury secretary says markets are calmer now (AP) - AP - Treasury Secretary Henry Paulson said Friday that financial markets are "considerably calmer" now than they were two months ago. He predicted the economy will be rebounding by the second half of this year. Fri, 16 May 2008 16:24:55 GMT
Abercrombie profit edges up on sales increase (AP) - AP - Teen retailer Abercrombie & Fitch Co. said Friday that its first-quarter earnings rose 3 percent from a year ago on stronger sales. Fri, 16 May 2008 16:22:35 GMT
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