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News Source: International Business Times
| about 1 year ago
Corn prices on Wednesday surged above $7 a bushel for the first time, pushed higher by Midwest rains that have flooded fields and left farmers with the prospect of a significantly smaller crop...Corn's jump--its fifth record in as many days--means...
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News Source: Xinhuanet.com
| about 1 year ago
The dollar fell against major currencies on Wednesday, ending its two-day advance as oil prices rebounded and Wall Street tumbled...Energy Department data Wednesday showed that crude oil inventories fell more than analysts expected last week.
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News Source: International Business Times
| about 1 year ago
The stock slipped 77 cents, or 2.6 percent, to $28.85 after setting the $28.83 low earlier in the session. The last time shares were near that level was in October 2002. The Federal Reserve said Wednesday the economy remains "generally weak" as...
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News Source: The Courier-Mail
| about 1 year ago
Street tumbled today as the latest spike in crude oil prices undermined sentiment in a market already worried about inflation and troubles in the finance sector. The Dow Jones Industrial Average sank 207.54 points (1.69 per cent) to 12,082.22 and the...
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News Source: Associated Press
| about 1 year ago
Motorists can expect gasoline prices around $4 gallon through next year, the Energy Department said Wednesday, with oil prices staying well above $100 a barrel. Crude oil prices are likely to average $126 a barrel in 2009, $4 higher than this year,...
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News Source: International Business Times
| about 1 year ago
Nooyi, speaking at a conference in New York, said she sees no end to the commodities rally that has sent energy and food prices to all-time highs. She believes energy prices are the biggest concern for corporate executives because they may cut into...
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News Source: The Courier-Journal
| about 1 year ago
Meanwhile, oil prices fell yesterday as the dollar held its gains against the euro and the Energy Department slashed its oil-consumption projections. Retail gasoline prices rose to a record national average of more than $4.04 a gallon. The trade...
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News Source: The Journal-World
| about 1 year ago
Associated Press Writers June 11, 2008 Washington - Republican John McCain accused Democrat Barack Obama on Tuesday of backing measures that would increase both the costs and the taxes paid by small business, and he told a group of owners, “The...
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News Source: Sydney Morning Herald
| about 1 year ago
Data from the Real Estate Institute of New Zealand on Wednesday showed the median house price steadied in May, but sales fell more than 50 percent from a year ago to their lowest level in 16 years. The industry group said the market was showing signs...
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News Source: Washington Post
| about 1 year ago
Wall Street closed mostly lower Tuesday after a dip in oil prices failed to keep investors from fretting over the economic consequences of steep energy costs. The Dow Jones industrial average rose 9.44, or 0.08 percent, to 12,289.76, after moving in...