Nov 3rd, 2009 - AOL News
-Oil prices rose Tuesday as the Federal Reserve began a two-day policy meeting on interest rates.
The U.S. government stepped in to bail out faltering banks and other giant businesses over the past year, which has helped send the dollar tumbling and the price of oil sharply higher.
Since oil is largely bought and sold in dollars, investors holding stronger currencies can buy more crude for less and have done so in recent months, sending the price of benchmark crude above $80 near the end of October.
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Stocks give up gains after Fed
Nov 4th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- Stocks ended mixed Wednesday, giving up bigger gains after the Federal Reserve kept interest rates unchanged and said it will keep them low for an extended period.
OFF THE RUN: Long-Dated Treasurys Startled By Fed Whisper
Nov 4th, 2009 - Wall Street Journal
NEW YORK (Dow Jones)--The Treasurys market's skittish response to the latest Federal Reserve statement on interest rates is just another warning of how severely policy...
Fed Pledges to Keep Rates Low for 'Extended Period'
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- The Federal Reserve repeated it willkeep interest rates near zero for “an extended period” andspecified for the first time that policy will stay...US Stocks Erase Gain as House Votes to Limit Card Rates
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- U.S. stocks erased most of a156-point rally in the Dow Jones Industrial Average after aHouse bill to curb credit-card rates spurred concern aboutbank earnings...
Crude price rises $1.47 as Fed meets
Nov 3rd, 2009 - Boston
Oil prices rose yesterday as the Federal Reserve began a two-day policy meeting on interest rates.
The US government stepped in to bail out faltering banks and other giant businesses over the past year...
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