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Tag Archives: European Central Bank

Fed could be moving to more bond buying

WASHINGTON — The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week. Probably not, many economists ...

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Oil hovers near $90 amid Europe action hopes

The price of oil hovered near $90 a barrel on Monday, holding onto most of the previous week’s gains, as expectations remain elevated that the European Central Bank would act to prevent Spain’s financial woes from deepening. By early afternoon ...

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Employers add 80,000 jobs as economy struggles

WASHINGTON — The American job machine has jammed. Again. The economy added only 80,000 jobs in June, the government said Friday, erasing any doubt that the United States is in a summer slump for the third year in a row. ...

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Central banks’ actions lift world markets

FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to shore up the world financial system by making it easier for banks ...

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Apple’s earnings miss drags tech stocks lower

NEW YORK — A rare earnings miss by Apple pulled down technology stocks Wednesday. Broad market indexes turned lower in late afternoon trading on reports of an impasse in talks to resolve Europe’s debt crisis. The leaders of Germany, France, ...

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Stocks plunge as worries about Europe intensify

The problems that weighed down stocks all summer show no sign of letting up. U.S. stocks plunged Friday, erasing the week’s gains, amid rising fears about fallout from Europe’s debt crisis. Seeking safer investments, investors sent the yield on the ...

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Fed’s low rates pledge supports global stocks

LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors’ jitters, sending stock markets around the world higher Wednesday. The Fed’s surprise announcement Tuesday that it would likely ...

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