Big jump in gold sale spurs manipulation debate

Posted by admin on August 30, 2008 under News | Be the First to Comment

Big jump in gold sale spurs manipulation debate
NEW YORK (MarketWatch) — Recent heat from Congress and regulators, along with public speculation, over whether commodity prices are being manipulated has also reached gold pits, where the debate was …

European shares head higher (AFP)

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European shares head higher (AFP)

AFP – Europe’s main stock markets advanced on Friday after share prices had risen sharply in Tokyo on the back of a strong performance by Wall Street overnight.

Wall Street tumbles as personal income falls

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Wall Street tumbles as personal income falls
Wall Street took a dive Friday, as the U.S. government said personal incomes fell more than expected in July and Dell reported disappointing results. The U.S. Commerce Department reported that persona…

Stocks head for mixed open as investors watch oil (AP)

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Stocks head for mixed open as investors watch oil (AP)
AP – Wall Street headed for a narrowly mixed open Monday as investors watched to see if oil will extend its recent losses and also awaited a reading on existing home sales.

Stocks end lower on personal income data

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Stocks end lower on personal income data
Comment on this story NEW YORK – Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The…

Merrill Lynch settlement with SEC worth up to $7B (AP)

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Merrill Lynch settlement with SEC worth up to $7B (AP)
AP – Federal regulators said Friday that investors who bought risky auction-rate securities from Merrill Lynch & Co. before the market for those bonds collapsed will be able to recover up to $7 billion under a new agreement.

Rise in energy stocks cut short by broad market pullback

Posted by admin on August 29, 2008 under News | Be the First to Comment

Rise in energy stocks cut short by broad market pullback
SAN FRANCISCO (MarketWatch) – Initial gains by oil and gas stocks were short-lived Friday, with the upward lift from higher oil prices as Tropical Storm Gustav lurks in the Caribbean cut short by a pu…

Traffic fatalities driven down by high gas prices (AP)

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Traffic fatalities driven down by high gas prices (AP)

AP – Roll back the clock to 1961: John F. Kennedy was inaugurated president. The Peace Corps was founded. The Dow Jones industrials hit 734. Gasoline reached 31 cents a gallon.

Stocks head for lower open after drop in personal incomes; consumer spending rises as expected

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Stocks head for lower open after drop in personal incomes; consumer spending rises as expected
Tim Paradis August 29, 2008 – 09:30 a.m. NEW YORK (AP) – Stocks headed toward a lower opening Friday after the government said personal incomes fell by the biggest amount in nearly three years an…

Leading economic indicators fell sharply in July (AP)

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Leading economic indicators fell sharply in July (AP)
AP – A private business group’s measure of the economy’s health showed the largest drop in one year as stocks fell, new building permits declined and unemployment rose.