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My shiny new blog

just like my other one

Crude plunges below $80 per barrel - Houston Chronicle

October 10th, 2008, 17:06

By @ October 10th, 2008, 17:06 in General

Oil dropped below $80 a barrel in New York and copper headed for its worst week in more than 20 years on concern the deepening financial crisis will push the global economy into a recession, cutting demand for raw materials. Oil in New York headed for its biggest weekly decline since 2004 as more info

Long after the last "Beat L.A.!" chant echoed through the concourses at Citizens Bank Park last night, Pat Burrell stood in front of his locker inside the Phillies' clubhouse and expressed his team's good fortune. Chase Utley had hit a two-run, game-tying home run to right field in the sixth inning more info

Oil plummets below $83 Asian markets plunge after huge Wall Street losses Savage: Markets have been hit harder Traders: 'We're in the 100-year flood' NEW YORK -- Stock prices swung sharply in early trading Friday as investors again dumped stocks but also scooped up shares that have been devastated more info

ALBUQUERQUE (AP) — A witness says a balloon basket has caught on fire, separated from the rest of the balloon and crashed at Albuquerque's annual hot-air balloon fiesta. There was no word on how many people were in the balloon basket, called a gondola, or their conditions after Friday's accident more info

Wells Fargo plans to complete its purchase of Wachovia after rival banking suitor Citigroup broke off talks with Wells Fargo and federal regulators yesterday. While Citigroup said it plans to seek $60 billion in damages for breach of contract, it has decided not to challenge the Wells Fargo-Wachovia more info

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