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Stocks fall on sliding energy sector, weak outlooks

NEW YORK, Dec. 4, 2008 (Reuters) — Stocks fell on Thursday as a sharp drop in oil prices sent the energy sector tumbling and disappointing profit outlooks from large companies such as Merck raised the specter of a worsening economy. ...  > full story

Obama presses economic theme as team solidifies

CHICAGO, Nov. 26, 2008 (Reuters) — President-elect Barack Obama takes another step toward tackling the ailing U.S. economy on Wednesday as part of an aggressive effort to demonstrate that his administration will face the global financial crisis head-on. ...  > full story

Multiple attacks in Mumbai kill at least 10

MUMBAI, Nov. 26, 2008 (Reuters) — At least 10 people were killed and 26 wounded in a series of shootings around India's financial capital Mumbai on Wednesday night, with two five-star hotels among the targets in what police called a terror attack. ...  > full story

Bush's mother recovering from ulcer surgery

HOUSTON, Nov. 26, 2008 (Reuters) — Barbara Bush, mother of President George W. Bush, underwent surgery late on Tuesday to treat a perforated ulcer, a family spokesman said on Wednesday. ...  > full story

Pelosi says Congress could back huge stimulus plan

WASHINGTON, Nov. 23, 2008 (Reuters) — Speaker of the U.S. House of Representatives Nancy Pelosi said on Sunday that Congress could put together an economic stimulus package of several hundred billion dollars that should also contain tax cuts. ...  > full story

Obama may delay tax-cut rollback for wealthy

WASHINGTON, Nov. 23, 2008 (Reuters) — President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday. ...  > full story

Fed's Geithner to be tapped for Treasury: reports

WASHINGTON, Nov. 21, 2008 (Reuters) — Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday. ...  > full story

Obama pledges fresh view on U.S. role in world

CHICAGO, Nov. 21, 2008 (Reuters) — With his choice of Hillary Clinton as secretary of state all but certain, President-elect Barack Obama promised on Friday to bring a "fresh perspective" to U.S. relations with the rest of the world. ...  > full story

Prospect for auto bailout dims

WASHINGTON, Nov. 20, 2008 (Reuters) — Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week. ...  > full story

California fires destroy 1,000 homes, winds ease

LOS ANGELES, Nov. 16, 2008 (Reuters) — Wildfires hop-scotched around Southern California on Sunday although calmer winds slowed flames that have destroyed almost 1,000 houses, forced tens of thousands to evacuate and turned some neighborhoods into scenes resembling war zones. ...  > full story
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