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• Oil steady in Asia ahead of OPEC meeting
At least temporarily, the U.S. dollar is recovering." The euro was steady Friday at $1.4293, down from nearly $1.60 in mid-July. The dollar has weakened some lately against the yen, though, falling below 107 yen.
• Southeast U.S. braces for Hanna, then Ike
Jim Pearce, left, and Oron Grant, second from left, cut plywood to board up the windows Thursday at the Floyd Manor House, a potential shelter, in Charleston, S.C., as Tropical Storm Hanna and Hurricane Ike headed toward the Southeast. WILMINGTON, N ...
• Greenspan: Fed isn’t a ‘magical piggy bank’
A high-level panel of financial officials should be given broad authority to quickly determine whether a failing company poses a sufficient threat to the entire U.S. economy, he recommends.
• U.S. service sector grows unexpectedly
NEW YORK - The U.S. service sector grew unexpectedly in August for the first time in three months as new orders improved and inflation moderated, a private trade group said Thursday. The Institute for Supply Management, a trade group of purchasing ...
• Oil prices edge higher as U.S. dollar weakens
NEW YORK - Oil prices edged up to almost $110 a barrel Thursday as the dollar weakened slightly and investors waited for a weekly U.S. crude inventory report for evidence that slowing economic growth has cut demand. By midday in Europe, light, sweet ...