Fri, Jun 26th, 2009
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LONDON (Reuters) - Oil rose to $71 a barrel on Friday after Nigerian rebels said they blew up a wellhead in a Royal Dutch Shell oilfield in the Delta state and as equity markets rallied on optimism the recession was easing.
The rise in oil followed a 2 percent gain on Thursday and put it on course for a 7 percent gain this week, buoyed by prospects for an economic recovery that has lifted prices from below $40 over the past four months.
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Disappointing Jobs Data Intensify Fight Over Obama Agenda
Jun 25th, 2009 - Wall Street Journal
WASHINGTON -- Republicans seized on downbeat economic news to say the $787 billion economic stimulus plan isn't working as advertised and took swipes at President Barack Obama's broader agenda...
Unemployment Rises, Stocks Fall
Jun 25th, 2009 - Forbes.com
Investors are asking themselves if the economic recovery, and the second-quarter's ambitious rally, is for real, and on Thursday the answer was far from clear. The Labor Department said U.S...
Jobless claims rise; GDP dips at lower pace
Jun 25th, 2009 - MSNBC
WASHINGTON - Despite persistent layoffs, the economy seems to be faring better than it was at the start of the year. The Labor Department said Thursday that new jobless claims jumped unexpectedly last week...
GDP Q1: Dips At Slightly Lower Pace
Jun 25th, 2009 - The Huffington Post
WASHINGTON (AP) -- The economy tumbled at a 5.5 percent pace in the first quarter, but appears to be doing better now, even though heavy layoffs persist. The revised reading on gross domestic product...
WORLD FOREX: Dollar Mixed In Wavering Risk Environment
Jun 25th, 2009 - Wall Street Journal
TORONTO (Dow Jones)--The dollar is mixed in line with wavering levels of global risk sentiment early Thursday, following a better-than-anticipated revision to U.S. first quarter gross domestic product figures and a rise in jobless claims last week.
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