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Countrywide falls on worry over B of A merger 9 May 08, 15:39 ET Reuters - Countrywide Financial Corp shares fell nearly 6 percent on Friday on renewed speculation that Bank of America Corp will renegotiate or cancel its agreement to buy the largest U.S. mortgage lender. more Mortgage credit losses could total $500 bln: Goldman 9 May 08, 15:25 ET Reuters - Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy tightening in 2008 or 2009, according to a research note from the firm. more U.S. crude futures jump more than $2, above $126 9 May 08, 09:36 ET Reuters - U.S. crude futures jumped more than $2 to a record high above $126 on Friday, fueled by fund buying and surging distillate prices on both sides of the Atlantic, according to traders. more Foreclosure Bargains on the Block 9 May 08, 08:08 ET BusinessWeek Online - At the end of 2006 a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold for $1 million. On May 6 the bank that owns the now foreclosed property at 7604 Noche Oscura Circle agreed to sell it for $500,000 ($32,900 below the already discounted asking price). more Top 3 air carriers boost fuel charge by $20 roundtrip 9 May 08, 02:51 ET AP - The three biggest U.S. carriers said Thursday they have again raised ticket prices, this time by $20 roundtrip, to recoup rapidly rising fuel costs. more

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