Wall Street jumps on miners, oil Stocks rose on Thursday as a surge in global commodity prices propelled mining and energy shares higher, while technology shares gained after a top strategist said they were a good value. 2008-05-08
Consumer borrowing unexpectedly surges in March Consumer borrowing rose in March at the fastest pace in four months, more than double the increase of the previous month, in what was seen as a sign of rising economic stress. 2008-05-07
Stocks retreat as oil prices creep higher Wall Street tumbled Wednesday as the price of a barrel of oil soared to a record near $124 and touched off concerns that the stock market's recent gains might have been premature as consumers grapple with rising energy and food costs. The major stock market indexes each lost more than 1.5 percent, with the Dow Jones industrial average declining by more than 200 points. 2008-05-07
China's 'soft power' blitz no major concern: US study Cash-flush China may be winning allies and displacing American influence by ramping up foreign investments and disbursing aid with no strings attached, but a US congressional study says Washington need not lose sleep over it. 2008-05-06
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