| U.S. Economy Headlines |
| Gas prices may cancel outlet savings
(Reuters)
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| Reuters - Retail outlet centers -- long a hit
with consumers, retailers and property owners -- could stumble
as consumers see their discretionary dollars sucked up by
higher gasoline prices forcing them to rethink the cost of
every mile they need to drive to get to the stores. -- read full article |
| Thu, 12 Jun 2008 16:21:11 GMT - Yahoo! News: Economy News |
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| Stocks climb on retail sales, oil, bid for BUD
(Reuters)
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| Reuters - Stocks rose on Thursday after
government data showed a sharp increase in retail sales last
month, calming worries about the profit outlook, while news of
a $46 billion takeover bid for brewer Anheuser-Busch boosted
optimism about share valuations.
-- read full article |
| Thu, 12 Jun 2008 17:16:09 GMT - Yahoo! News: Economy News |
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| Stocks gain after retail sales report
(AP)
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| AP - A dose of good economic news and a buyout offer for Anheuser-Busch Cos. gave Wall Street a rebound Thursday, sending the Dow Jones industrials jumping more than 120 points. Treasury prices fell, driving yields higher, as investors returned to stocks.
-- read full article |
| Thu, 12 Jun 2008 17:35:05 GMT - Yahoo! News: Economy News |
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| Oil prices drop as dollar strengthens
(AP)
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| AP - Oil prices fell Thursday as the dollar moved higher and forced crude to lose some of its appeal as a hedge against inflation. Gas prices reached another record at the pump, rising to a national average of $4.06 a gallon, and are likely to keep rising.
-- read full article |
| Thu, 12 Jun 2008 18:05:21 GMT - Yahoo! News: Economy News |
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| Strong retail sales boosted by rebate checks
(Reuters)
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| Reuters - Cash from government stimulus checks
helped push U.S. retail sales up at twice the rate expected in
May but the strength could be fleeting as households contend
with soaring prices and the worst housing slump in decades.
-- read full article |
| Thu, 12 Jun 2008 18:33:45 GMT - Yahoo! News: Economy News |
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| Oil soars on dollar, Energy Department report
(AP)
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| AP - Oil prices regained their stunning upward momentum Wednesday, rising as crude's biggest drivers a weak dollar and supply concerns brought buyers back in force. At the pump, gas prices rose to a new record over $4.05 a gallon.
-- read full article |
| Wed, 11 Jun 2008 20:02:41 GMT - Yahoo! News: Economy News |
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| IBD's Top 10 - Wednesday
(Investor's Business Daily)
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| Investor's Business Daily - 1 A 4th week of steep drawdowns to U.S. crude inventories stirred supply fears and pushed the July crude contract up $5.07 to $136.38. Oil supplies have fallen 23 mil barrels in the past month. China's May oil imports shot up 25%. The dollar added to the price jump, falling after 2 days of gains vs. the euro. -- read full article |
| Wed, 11 Jun 2008 22:54:15 GMT - Yahoo! News: Economy News |
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