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Oil falls on weak demand outlook, US talks impasse
Oil prices fell Thursday after OPEC predicted weak demand for crude next year and critical budget negotiations in Washington reached an apparent ...
Fed links interest rates to 6.5 pct. unemployment
The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level — which it ...
Japan election puts spotlight on reviving economy
It's the $6 trillion question: how to jolt Japan out of its 20-year economic slump. The dozen or so parties vying in a Dec. 16 parliamentary election ...
Oil rises on Fed stimulus plan
Oil traders got what they wanted Wednesday: another big move by the Federal Reserve to stimulate the slow-growing U.S. economy. The Fed said it will ...
THE RESET: Fed forges ahead with easy-money policy
As President Barack Obama and Congress agonize over strengthening the economy without fattening the $16 trillion national debt, the Federal Reserve ...
Oil price rises above $86 on Fed stimulus hopes
The price of oil rose to above $86 a barrel on Wednesday as investors expected the Federal Reserve to announce new measures to perk up the U.S.
Fed expected to revamp bond buying program
The Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high ...
Oil prices rise as Federal Reserve meeting starts
Oil moved a little higher as a meeting of the Federal Reserve got under way Tuesday. Benchmark oil rose 23 cents to finish at $85.79 per barrel in New ...
Oil edges up as Germany seen dodging recession
The price of oil edged up to around $86 a barrel on Tuesday as markets got a boost from a survey indicating that German investors believe Europe's ...
Oil ends lower on economy concerns
Benchmark U.S. crude gave up some early gains Monday on a surprise expansion of German exports and signs of increased oil consumption in China to ...
Oil rises as Germany's exports expand
The price of oil rose to near $87 a barrel on Monday, boosted by expanding exports in Germany and higher growth in electricity consumption and ...
Oil prices fall slightly after US jobs report
The price of oil ended the week lower after the latest U.S. jobs report offered a mixed picture of the economy. Benchmark oil dropped 33 cents to ...
Draghi supports Hungary's embattled central bank
European Central Bank President Mario Draghi on Friday defended his Hungarian counterpart against the government's efforts to limit his independence ...
Oil prices fall slightly after upbeat jobs report
The price of oil is bouncing between small gains and losses after the latest report on hiring in the U.S. offered a mixed picture of the economy.
Oil drops on bleak outlook for Europe economy
The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region's economy but stopped short of offering new ...
Key quotes from ECB head Draghi's press briefing
At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ...
ECB President Mario Draghi's speech
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
Oil stays below $88 on ample US stocks
The price of oil hovered below $88 a barrel on Thursday as mounting evidence of ample seasonal U.S. crude stocks was partly offset by ongoing worries ...
Highlights of White House, GOP budget plans
The Obama administration and House Republicans have unveiled their opening offers in talks to avoid the so-called fiscal cliff. Details are scant but ...
Makings of a fiscal deal behind the hot rhetoric
Bluster and hot rhetoric aside, the White House and House Republicans have identified areas of significant overlap that could form the basis for a ...
New inflation gauge would cut benefits, hike taxes
Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to ...
Oil closes lower as 'cliff' negotiations drag on
Worries over the looming "fiscal cliff" and the health of the U.S. economy drove oil prices lower Tuesday. U.S. lawmakers have less than a month to ...
Oil up as China manufacturing offsets weak US data
An early spike in the price of oil was short-lived on Monday, as optimism about a strong manufacturing report from China gave way to worries here at ...
Oil edges over $89 as China manufacturing improves
The price of oil edged up above $89 a barrel Monday as investors were encouraged by signs that China's economy may be picking up after a prolonged ...