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Housing, jobs send stocks skidding
Renewed fears about the battered housing market and rising unemployment sent stocks into a tailspin Thursday.
Traders manipulated oil prices - U.S.
The government charged an oil trading firm Thursday with manipulating oil prices in the first complaint to be announced since the regulators began a new investigation into wrongdoings in the energy markets.
UBS hit with New York auction-rate security suit
New York State Attorney General Andrew Cuomo Thursday brought a multi-billion dollar civil lawsuit against the Swiss banking giant UBS for allegedly pushing everyday investors into buying troubled auction-rate securities.
Weak economic data boost bond prices
Treasury prices were higher Thursday on worse-than-expected unemployment claims data and existing home sales, indicating that the economy is still under pressure and providing motivation for investors to seek the safety of longer-term government bonds.
