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Oil markets: Bottoming out or taking a breather?
Oil prices tumbled below $130 a barrel for the first time in more than a month Thursday, as crude's dramatic slide entered a third day accompanied by a sharp sell-off in natural gas.
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Single-family building dips to slowest in 17 years
A beat-the-deadline rush to file permits for apartment construction in New York City lifted housing starts to unexpectedly high levels in June, but it was no cause for rejoicing. Construction of single-family homes nationwide fell to the slowest
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Why oil prices will tank
Arguments that $4-a-gallon gas (or even higher) is here to stay are dead wrong. Housing's boom-and-bust cycle tells you why.
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Gas prices just shy of record
Gasoline prices as measured in the daily AAA survey resumed their drive toward $4 a gallon Saturday, rising to just below the record level after a one-day retreat.
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Week Ahead In US Financial Markets (June 9-13 2008)
Fed Chair Ben Bernanke will headline a major week of Fed talk when he speaks at conference on inflation on Monday evening. The market will be closely observing...
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Merk Market Outlook: Inflation One-Year Ahead
The recent rise in inflation has not yet been properly captured by the variety of inflation indexes used by the market to assess the pricing environment.
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US house prices are falling faster than during Depression
America's house prices are falling even faster than during the Great Depression.
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Paulson Signals Gulf to Keep Peg Even as Prices Climb
- U.S. Treasury Secretary Henry Paulson signaled Persian Gulf nations will probably keep their currencies tied to the dollar even as inflation accelerates.
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Japan's Wages Rise 0.6% on Shift to Full-Time Workers
Japan's wages rose in April for a fourth month, the longest winning streak in almost two years, as companies added full-time workers to comply with new labor regulations.
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ECB Battling Faster Inflation, May Not Lower Rates This Year
The European Central Bank will resist cutting interest rates this year as it grapples with the fastest inflation in its 10-year history and a cooling economy, a survey of economists shows.
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Pound Slumps on Concern Bradford & Bingley Provisions
The British pound fell the most in three weeks against the dollar on concern Bradford & Bingley Plc, the U.K.'s biggest mortgage lender to landlords, will have to raise more capital as bad-debt provisions widen.
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The Fed embraces inflation
A top Fed official warns of the hazards of printing money to solve economic problems. He's right -- and yet the nation's central bank keeps running the press at top speed.


