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Financial markets

Oil near 7-month lows as Chinese economy ebbs
Oil lingered near seven-month lows around $90 a barrel Thursday in Asia as Europe's debt crisis festers and China's economy continues to slow.
World stocks waver as Europe holds another summit
World stock markets wavered Thursday as the lack of a breakthrough in Europe's attempts to shake off its debt crisis kept sentiment gloomy.
EU leaders support growth, give few concrete plans
European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as ...
Oil rises slightly off 7-month lows near $90
Oil bounced slightly off seven-month lows near $90 a barrel Thursday in Asia amid signs China's economy is continuing to slow. Benchmark oil for July ...
Facebook, JPMorgan gaffs erode faith in Wall St.
Wall Street appears bent on convincing Main Street that the game is rigged. Investor anger is mounting over the initial public offering of Facebook ...
China's Cabinet promises to boost economy
China's Cabinet promised Wednesday to step up efforts to reverse a steep slowdown in the world's second-largest economy and said it would encourage ...
Pressure on EU leaders to solve Greek crisis
The head of the eurogroup says that the 17 nations using the euro as their currency "have to consider all kinds of events" but insists that "the ...
Late rally erases steep losses on Wall Street
A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday. The Dow was down as much as 191 points ...
Official: ailing Bankia needs at least $11BN
Spain's economy minister says the government will pump at least €9 billion ($11.3 billion) of public money into nationalized lender Bankia so it can ...
Oil drops below $90 for 1st time since Nov. 1
The price of oil tumbled below $90 on Wednesday for the first time in nearly seven months as U.S. supplies continue to grow. Benchmark U.S. crude fell ...
Europe's stocks hit on EU summit skepticism
Stock markets were hit hard and the euro skidded down to near 22-month lows against the dollar Wednesday as investors grew increasingly skeptical that ...
Europe's leaders seek ways to boost growth
The leaders of the 27 countries that make up the European Union will meet in Brussels on Wednesday to try and find a way to keep the debt crisis in ...
Europe's leaders to tackle growth at summit
The leaders of the 27 countries that make up the European Union are to meet in Brussels on Wednesday to try and find a way to keep the debt crisis in ...
Germany borrows at rock-bottom costs
Germany borrowed at almost no cost Wednesday when it sold €5 billion in two-year treasury notes at a rock-bottom interest rate. The average interest ...
Bundesbank: eurozone can handle Greek reform halt
Germany's central bank says the 17-country eurozone would be able to cope with Greece failing to implement austerity and reform promises. Greece is ...
10 Things to Know for Wednesday
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times EDT): 1. EGYPT HOLDS ITS FIRST FREE ...
Oil falls below $91 as Iran allows nuclear probe
Oil fell to a seven-month low below $91 a barrel Wednesday after Iran agreed to allow the U.N. nuclear agency to restart an investigation into the ...
Asia stocks down as worries over Greece grow
A report that Greece is considering preparations to leave the euro common currency sent Asian stock markets lower Wednesday. Investors have long ...
SEC reviewing JPMorgan's filings after $2B loss
Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a ...
Stocks turn higher after housing report
Just as investors were getting used to a steady diet of worrying news about the global economy, along came an encouraging report on the housing market
Stocks rally further in run-up to EU summit
Global stocks enjoyed one of their best days in weeks on Tuesday ahead of a summit of European leaders that's expected to be dominated by calls to ...
Where are Facebook's friends? Stock slide deepens
Facebook's newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth. The company's ...
Argentina's long economic boom coming to an end
Argentina's nine-year economic expansion is slowing sharply, according to analysts, who predict growth of 2.5 percent to 3 percent this year, half the ...