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Oil rises to three-week high on Russia gas spat - Marketwatch
In its first trading day of 2009, crude for February delivery ended up $1.74, or 3.9%, at $46.34 a barrel on the New York Mercantile Exchange, the highest closing level for a front-month contract since Dec. 11. Earlier, the contract slumped as much ...
Read more...Oil erases losses on higher stocks, Russia gas spat - Marketwatch
NEW YORK (MarketWatch) -- Crude-oil futures erased earlier losses Friday, gaining more than 3% in late morning trading as higher U.S. stock markets boosted sentiment and on concerns that Russia's cutting off natural gas to Ukraine could affect ...
Read more..."Dreadful" U.S. jobless numbers will be the focus of investors this ... - Edmonton Sun
About 71,000 jobs were lost in this country during November, the biggest one-month drop since 1982, and economists expect a decline of about 22,000 during December. Johnston noted that the Canadian employment numbers in October, when 9,500 jobs were ...
Read more...Wall Street: Good riddance to 2008 - Minneapolis Star Tribune
There was almost no place to hide from the crash of 2008. By the time the New York Stock Exchange closed Wednesday to end the year, virtually anyone with money in stocks had felt the punishing drop in the market. Shares ended higher on Wednesday, but ...
Read more...Key indicator hits lowest level since '80 - St. Louis Post-Dispatch
NEW YORK — Signs grew that the economy could turn even weaker in 2009, as an index of December manufacturing activity sank to its lowest point in 28 years. Every sector was down, from bakeries to cigarette makers to aluminum smelters. The Institute ...
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