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Economy - Economics USA

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Reuters

Gold put on more than $7 an ounce on Thursday as investors bet the rally driving prices to their highest in a quarter century was gaining momentum. Record-high oil prices stoking fears that inflation will bite into the dollar's buying clout ha

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Agence France Presse

The European single currency firmed to 1.2155 dollars from 1.2144 dollars late on Tuesday in New York. The dollar dipped to 118.19 yen, from 118.21 on Tuesday." The narrowing trade deficit is not expected to give much sustained support for the d

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Associated Press

Stocks tumbled Tuesday as strength in the commodities market fed inflation fears and stifled investors' enthusiasm over upbeat first-quarter earnings from Dow Jones industrial Alcoa Inc. "(Commodities prices rising) would certainly seep thro

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