Gold prices gain momentum, hit new high even as dollar rebounds; Oil falls, while grains riseNEW YORK — Gold prices extended their rally Wednesday, climbing to fresh highs even as the dollar recouped some of its losses. Dollar edges higher against major currencies ahead of ECB, BoE interest rate decisionsNEW YORK — The dollar edged higher against major currencies Wednesday as investors looked ahead to upcoming European Central Bank and Bank of England interest rate decisions on Thursday. Outside consulting firm gives Citigroup management overall good review, WSJ saysNEW YORK — An independent consulting firm has given Citigroup Inc.’s management team a good review, but the embattled bank could see more changes among its top ranks, The Wall Street Journal reported Wednesday. Morale boost: Small business owners try talking, paying, partying to lift employee spiritsNEW YORK — As Bart Cleveland talks to employees of his ad agency, he sees the strain. Stocks finish mixed after 2 days of gains as investors wait for Alcoa; Dollar reboundsNEW YORK — After two big days, it was time for the stock market to take a break. Banco Santander, Verisk attract $10 billion through IPOs as market shows more signs of thawNEW YORK — There is growing evidence that the market for initial public offerings is rebounding after essentially disappearing at the height of the credit crisis as two new issues raised a combined $10 billion Wednesday. Oil prices fall below $70 a barrel as traders focus on weak US demandNEW YORK — Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude supplies and focused instead on government data that showed Americans still have little appetite for more petroleum. Signs of hard times for shoppers: fixation on bargains at Family Dollar; Pizza Hut strugglesNEW YORK — People aren’t just shopping more at Family Dollar. They’re buying the cheapest stuff on its racks. Even Pizza Hut’s sales are slowing as consumers seek fast-food bargains. Treasury prices climb after strong demand for $20 billion in 10-year notesNEW YORK — Treasury prices recovered Wednesday, bouncing back from declines a day earlier, following strong demand at the government’s latest debt auction. Google CEO: Economic recovery underway in Europe as well as in the USNEW YORK — Google Inc. is seeing an economic recovery under way, not just in the U.S., but also in Europe, CEO Eric Schmidt said Wednesday. Quieter than health overhaul foes, grass-roots supporters are working hard, Obama camp saysNEW YORK — Fired up? Ready to go? You might not know it from the way President Barack Obama’s grass-roots supporters have been largely drowned out in the raucous debate over his health care plan. ConocoPhillips raises dividend 6 pct, plans to sell $10B of assets and lower capital spendingNEW YORK — ConocoPhillips on Wednesday said it will increase its quarterly dividend 6 percent, sell $10 billion of assets and lower capital spending in 2010 in an effort to strengthen its financial position. Divided Senate panel approves labor nominee despite GOP concerns about inaccurate testimonyWASHINGTON — A sharply divided Senate panel on Wednesday approved New York state’s labor commissioner for the No. 3 post at the Labor Department, despite GOP claims that she gave lawmakers inaccurate testimony. Banco Santander completes IPO for Brazilian unit as it looks to expand in South AmericaNEW YORK — Spanish financial giant Banco Santander SA has raised $8.1 billion with an initial public offering of shares in its Brazilian subsidiary, the largest IPO in the world this year. Anheuser-Busch InBev seals deal to sell amusement parks to Blackstone for at least $2.3BNEW YORK — Anheuser-Busch InBev is selling its theme parks, including SeaWorld and Busch Gardens, to private equity firm Blackstone Group for at least $2.3 billion. Tips on how to safeguard your security and privacy when staying in a hotelNEW YORK — The case of an ESPN reporter who was videotaped through a peephole in her hotel room door shows how easy it is for a hotel guest’s security and privacy to be violated. Here are some tips for staying safe in hotels. Oil falls below $70 a barrel as traders focus on weak US demandNEW YORK — Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude supplies and focused instead on government data that showed Americans still have little appetite for more petroleum. Stocks slip after 2 days of gains as market waits for Alcoa; Dollar reboundsNEW YORK — Investors waiting for earnings reports to start in earnest sent stocks modestly lower Wednesday following a two-day spike. Stock trading is muted after 2 days of gains as market waits for Alcoa; Dollar reboundsNEW YORK — Stocks are wavering after a two-day spike as the dollar rebounds and traders await corporate profit reports. Oil rises slightly after government reports crude supplies drop unexpectedlyNEW YORK — Oil prices rose Wednesday after the government reported an unexpected drop in crude supplies. Federal judge sets deadline for amended deal in Google’s battle over digital book rightsNEW YORK — A federal judge set a Nov. 9 deadline Wednesday for submission of a revised agreement in the battle over Google Inc.’s effort to get digital rights to millions of out-of-print books. Then the debate over the fairness of the plan will resume. ESPN video case shows holes in how hotel industry handles reservations, guest privacy issuesNEW YORK — The hotel industry is reexamining guest privacy safeguards in light of the case of an ESPN reporter who was videotaped nude through the peephole of her hotel room door, allegedly by a man who reserved an adjacent room. Verisk Analytics shares soar immediately in trading debut; offering price higher than expectedNEW YORK — Shares of Verisk Analytics Inc., an insurance data specialist that first signaled that it planned to offer shares to the public shortly before the collapse of Lehman Brothers, soared Wednesday in their trading debut. NYC undercover stings show gun show sellers ignoring federal background check requirementsNEW YORK — Investigators hired by New York City conducted stings at gun shows in states that have not closed the “gun show loophole” and found some vendors openly selling weapons to buyers who admitted they couldn’t pass background checks. Energy Dept. says crude oil inventories fell last week while gas stockpiles roseNEW YORK — Crude inventories fell last week, while gasoline supplies grew, the government said Wednesday. With 2008 still a fresh memory, Pawlenty elects to headline GOP event in new Iowa maneuveringNEW YORK — Minnesota Gov. Tim Pawlenty will travel to the Iowa next month to headline a state Republican gathering. Stocks fall in early trading as dollar strengthens; investors await corporate earnings reportsNEW YORK — Stocks fell after a two-day spike as the dollar rebounded and traders awaited corporate profit reports. Estate of soprano Beverly Sills up for sale in NYC; collection includes jewelry, artNEW YORK — The estate of soprano Beverly Sills is being auctioned in New York City. Stocks mixed in early trading as dollar strengthens; investors await start of earnings seasonNEW YORK — Stocks were mixed in morning trading Wednesday as investors await the kickoff of earnings season, and as the dollar strengthened. Stocks slide in early trading as dollar strengthens; investors await start of earnings seasonNEW YORK — Stocks are slipping in early trading as investors await the kickoff of earnings season and as the dollar strengthened. |
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