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Jan. 14 - U.S. stocks sprinted higher after better-than-expected preliminary results from IBM soothed profit jitters for those doing U.S. companies doing businss overseas.The Dow climbed 171 points to 12,778. The S&P 500 rallied 15 points to 1,416. The Nasdaq rose 38 points to 2,478. Gold hit a record $910 an ounce. Conway Gittens reports from New York.

Tags: Multinationals IBM Stocks Dow Nasdaq business_GF Reuters
Jan. 8 - The Nasdaq stock index could finally end seven days of losses as a management shuffle lifted shares of Starbucks. The entire sector appeared to benefit from investors looking to by tech stocks on the cheap after the extended sell-off. Sentiment was also boosted by a housing report suggesting that market may be bouncing along the bottom. Bear Stearns traded higher on published reports its CEO will step down. Gold hit another lifetime high. Conway Gittens reports from New York.

Tags: Nasdaq stock index Starbucks Bear Stearns business_GF
Jan. 18 - President Bush unveiled a $140 billion stimulus package of tax cuts and other measures to shore up the fragile U.S. economy. While there is a political consensus that the economy needs help, there are still questions whether consensus will translate into policy. Deborah Lutterbeck reports.

Tags: business_GF Reuters Bush economy stimulus tax cut
Mar. 14 - Domino's Pizza and fast food chains around the country are getting hit hard by record commodity prices and a skittish consumer. Wheat prices have surged 170-percent in the past year and that's having a big impact on pizza companies like Domino's which is also seeing record prices for cheese and tomatoes. Ruben Ramirez reports.

Tags: Reuters Domino's pizza business_GF
Mar. 27 - US markets finished Thursday's session in the red, pulled lower by concerns about technology and financials. The Standard & Poor's 500 fell more then one percent, and the other major indexes lost ground as well. Bobbi Rebell reports.

Tags: Reuters business_GF stocks tech financials
Feb. 15 - U.S. stocks finished slightly mixed with the Dow and Nasdaq dented by consumer worries. The Dow slipped 28 points to 12,348. The S&P 500 gained a point. The Nasdaq shed 10 points to 2,321. Oil prices settled above $95 a barrel. Conway Gittens reports from New York.

Tags: Reuters business_GF stocks market consumer
Dec. 26 - After years of massive credit expansion, the debt industry snapped -- taking down major Wall Street figures and hitting corporations with initial loss estimates in the tens of billions. Investors from Wall St to Main St. were left wondering how it all happened. In the prior six years interest rates were historically low and the housing market was booming. The home mortgage industry doled out loans to subprime or more risky borrowers. Loans with loose terms like no-money down or incredibly low teaser rates. Jeanne Yurman reports.

Tags: business_GF subprime Reuters loans mortgage
Apr. 3 - The rescue of Wall Street giant Bear Stearns is now in the spotlight on Capitol Hill as lawmakers question deal. The collapse and forced sale of Wall Street giant Bear Stearns exposed the dangerous interconnection of financial markets and faulty oversight, raising more questions on Capitol Hill examine the deal. Speakers: Senate Banking Committee Chairman Christopher Dodd SEC Chairman Christopher Cox Treasury Undersecretary Robert Steele Deborah Lutterbeck reports.

Tags: Reuters business_GF Senate banking committee Bernanke Bear Stearns
Mar. 14 - U.S. stocks finished sharply lower on Friday after liquidity problems at Bear Stearns prompted new worries about global banks. The Dow fell 194 points to 11,951. The S&P 500 lost 27 points to 1,288. The Nasdaq dropped 51 points to 2,212. Crude oil snapped its record winning streak. SPEAKER: Brian Bethune, Chief U.S. economist, Global Insight Conway Gittens reports from New York.

Tags: Reuters business_GF stocks Bear Stearns market
Mar. 7 - More job losses in US pointing to further weakness in economic outlook. U.S. employers unexpectedly cut jobs in February at the steepest rate in nearly five years, a second straight month of employment losses that heightened fears the world's largest economy has skidded into recession. Deborah Lutterbeck reports.

Tags: Reuters business_GF job loss rate economy recession
Jan. 4 - U.S. stocks suffered a major retreat after a weak jobs report and a rise in unemployment rate significantly stoked fears of recession. The Nasdaq had its biggest one-day point fall since September 17, 2001. The Dow tumbled 256 points to 12,800. The S&P 500 lost 35 points to 1,411. Crude oil and gold prices moved lower. Speaker: Ethan Harris, chief U.S. economist, Lehman Brothers. Conway G. Gittens reports from New York.

Tags: business_GF Reuters unemployment stocks recession
Jun. 30 - WALL-E was at the top of the box office on its opening weekend, giving Disney's Pixar its latest number one hit.Pixar continues its winning streak with the successful release of WALL-E. Its creativity and risk taking have given it a unique perch at the top of Hollywood. Bobbi Rebell reports.

Tags: Disney Pixar WALL-E business_GF
Aug 5 - U.S. stocks surged nearly 3 percent across the board in the biggest one-day rally in four months as investors bet the Federal Reserve will not raise rates this year.

Tags: Dow NASDAQ Crude oil reuters business_GF
Jul 29 - Crude oil prices dropped roughly $2.50 on fear of further demand reduction in the U.S., the world's largest energy consuming nation. The Dow jumped 266 points to 11,397. The S&P 500 rallied 28 points to 1,263. The Nasdaq gained 55 points to 2,319. Oil prices settled at $122.19 a barrel. Conway Gittens reports from New York.

Tags: Crude oil Dow Nasdaq Reuters business_GF
Jan. 18 - Bush is calling for a package of tax cuts and other measures totaling around $140 billion to shore up U.S. economy. Amid bleak reports on retail sales and other data suggesting a possible recession, Bush and the Democratic-led Congress are negotiating to see if they can reach common ground on a plan to shore up growth. Deborah Lutterbeck reports.

Tags: business_GF Reuters President Bush recession economic stimulus
Mar. 13 - U.S. stocks finished higher, despite a steep drop at the open, on hopes the end of huge subprime write-downs is near. The Dow rose 35 points to 12,145. The S&P 500 gained 6 points to 1,315. The Nasdaq rallied 19 points to 2,263. Crude oil hit an intraday high of $111 a barrel. Speaker: Milton Ezrati, market strategist, Lord Abbett Conway Gittens reports from New York.

Tags: Reuters business_GF stock crude oil
Jul 1 - As oil consumption grows and access to most oil-rich regions becomes increasingly restricted, companies are venturing farther out to sea, drilling deeper than ever in their quest for energy.A decade ago when Chevron's Petronius came online it was one of the deepest water oil production facilities in the Gulf of Mexico --at 17-hundred feet. The next oil frontier - and the challenge for oil exploration - lies below 10,000 feet of water, through five miles of hard rock, thick salt and tightly packed sands. Ruben Ramirez reports.

Tags: Oil drilling energy sources reuters business_gf
Mar. 7 - An exclusive look inside one of America's largest gold mines as the price of the precious metal climbs toward $1,000 an ounce. Northeastern Nevada is home to the the most abundant gold field in the Western Hemisphere. Soaring gold prices have been a boom to the mining industry but those high prices are not necessarily translating into record profits. Ruben Ramirez reports from Carlin, Nevada. Speakers: Steve Grusing Geologist, Newmont Joel Lenz Nevada Process Manager, Newmont

Tags: Reuters business_GF gold mines Nevada metal
Apr. 4 - U.S. stocks finished the week with small moves in either direction after the economy suffered its biggest monthly job declines in five years. The Dow lost 16 points to 12,609. The S&P 500 gained 1 point to 1,370. The Nasdaq rose 7 points to 2,370. Speaker: Brian Fabbri, chief economist, BNP Paribas Conway Gittens reports from New York.

Tags: Reuters business_GF economy job decline
Mar. 13 - A new exhibit at New York's Museum of Modern Art merges art, science and design. Underlying the exhibit is the premise that technology challenges the human mind to adapt in order to absorb all the changes coming to our world. Bobbi Rebell reports.

Tags: Reuters business_GF art New York Museum of Modern Art science
Mar 5 - The Dow rose for the first time in four sessions after a contraction in the services sector was not as deep as feared and record oil prices lifted energy shares. The Dow rose 41 points to 12,254. The S&P 500 gained 6 points to 1,333. The Nasdaq rallied 12 points to 2,272. Crude oil closed at record $104.52.

Tags: Dow Nasdaq Wall street Reuters business_GF
Mar 17 - Bear Stearns found itself in the bargain bin after a cash crunch forced a quick sale. JP Morgan and the Fed stepped in to save Bear Stearns, paying just $236 million dollars for the former Wall Street powerhouse. Bobbi Rebell reports.

Tags: Bear Stearns Reuters business_GF JP Morgan
Feb 12 - Top lenders and Bush Administration outline plan for pause in mortgage foreclosures. Lenders said they do not foresee an open-ended freeze on foreclosure proceedings but would offer borrowers a reasonable grace period.Deborah Lutterbeck reports.

Tags: Foreclosure housing Henry Paulson business_GF
Jul 2 - A spike in oil prices finally pushed blue chips to close in bear market territory after hovering near the threshold for three sessions.A bear market is defined by a 20 percent drop from an all-time peak. Analysts and traders said investors should expect Wall Street to grind even lower.Conway Gittens reports

Tags: Wall street bears market reuters business_gf
Dec 3 - U.S. stocks posted modest losses after a national manufacturing survey showed growth stalled at a January low and traders doubted a plan in the works that could help clean-up the subprime mess.

Tags: Wall street markets Stocks Reuters financial business_GF
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