Stocks slide as oil surge spooks markets
Stocks fall amid oil price jump to 99.63 a barrel amid Middle East unrest. Iran clamps down and Libya attacks raise fears of slower growth. Dow, S&P, and Nasdaq drop as energy costs and inflation risk weigh markets. Fed warns temporary inflation rise. Trading volume near 4.8 billion shares.
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New York
Iran
Libya
Muammar Gaddafi
North Africa
Middle East
America’s
Federal Reserve
Ben Bernanke
Senate Banking Committee
Fed
Commerce Department
Standard & Poor
House passes two week budget cut to avert shutdown
The GOP led House approved a 4 billion dollar two week stopgap budget cut by a bipartisan 335 to 91 margin, aiming to fund government through March 18 while longer talks on a full-year measure proceed. Senate Democrats signaled support, and the White House eyed a longer plan but conceded the two week window.
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Washington
House
Senate
White House
Congress
Barack Obama
Senate Democrats
Harry Reid
Obama
Reid
Jay Carney
Republican House
John Boehner
House Appropriations Committee
Harold Rogers
Boehner
Washington, D.C
Army Corps of Engineers
Democrats
Chamber
West Virginia seeks tax relief and new property powers
West Virginia lawmakers move toward a Senate vote on two measures to ease real estate taxes and grant the Legislature authority over taxes on movable property. One would allow exemptions or rate reductions for personal property if revenues are replaced. The other would cap annual property tax assessment increases at 15 percent unless improvements raise value.
MENTIONED IN THIS ARTICLE
Harleston
West
Joe Manchin
State Chamber of Commerce
Chamber
Scott Seard
Icard
Doug Facemire
D-Braxton
Patti Hamilton
West Virginia Association of Counties
Hamilton
Mark Muchow
Facemire
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Thomas Rs
RosettaSun
TravelCars
Iridium UN
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Hstaen
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ChindSéeur
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Intel
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Siriusxm
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FifthThird
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Sonus
MadCatz
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I Lec
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Oracle
Parag&s
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AES Corp
AK Steel
AMR
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DR Horton
Delta Air
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DirFnBr Rs
Dixfbull S
Dirxscbull
Disney
DowChm
Duke Engy
EMC Cp
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ExxonMbl
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