UNITED STATES

Copper Futures Rise after Fed Cuts Rates

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U.S. copper futures ended with gains on Tuesday as traders speculated that the Federal Reserve's benchmark interest rate cut may increase demand for the red metal.
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Oil prices plunge by $ 4.53 on credit crisis

Commodity Online NEW YORK: In its biggest daily loss since 1991, world oil prices lose 4.53 dollars a barrel on Monday, after hitting a record high of 111.80 dollars a barrel.
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Two concepts of 'inflation'

By David GallandWhile almost everyone sees price inflation when it happens, few people notice the monetary inflation that is causing it.
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Will Gold benefit from 'subprime' crisis?

By Julian D W PhillipsIf interest rates fall to the extent that the housing market recovers, foreclosures cease on those who hold mortgage bonds, whose rates are set to climb, are moved to a healthy zone the market will recover its confiden
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High court to review FCC indecency rule case

The U.S. Supreme Court on Monday accepted a bid by the Federal Communications Commission to overturn a Fox Television indecency case the agency lost in lower courts against News Corp.
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'Brawl' Sells 120 per minute: Nintendo

Nintendo's Super Smash Bros. Brawl has sold more than 1.4 million copies in the U.S. in just one week, making it the fastest selling game in the game company's history.
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Monday Mayhem: BSE Sensex hits six-month low to close below 15K

Record rise of crude oil and gold prices in global markets and growing concerns over the worsening credit crisis in the US triggered a Sensex collapse on Monday, allowing the benchmark 30-share index of the Bombay Stock Exchange (BSE) to hit a six month low and close below the psychological 15,000 level.
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U.S. Stocks Tumble in Early Trading

U.S. stocks dropped at the open on Monday after the Federal Reserve cut its discount interest rate at an emergency meeting and JP Morgan Chase & Co. agreed to buy Bear Stearns Cos. for $2 a share, fueling fears that the global credit crisis is spiraling out of control.
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BSE Sensex makes a comeback, gains 2.6 percent

Sensex, the prime 30-share index of the Bombay Stock Exchange (BSE) staged a comeback on Friday and ended the week on a positive note, gaining 2.63 percent or 403.17 points, even as concerns persisted about weak US economy and subprime crisis.

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