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Obama pushes stimulus and warns on recession
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WASHINGTON (Reuters) - President-elect Barack Obama sought to rally support on Thursday for a massive fiscal stimulus package by warning that the United States could remain mired in recession for years without bold action. |
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U.N. agency halts work in Gaza as death toll tops 750
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GAZA (Reuters) - Palestinians faced even grimmer conditions in the Gaza Strip on Thursday after a U.N. aid agency halted work, saying its staff were at risk from Israeli forces fighting Hamas militants, after two drivers were killed. |
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Jobless rolls at 26-year high, retail sales weak
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WASHINGTON (Reuters) - Unemployment benefit rolls swelled to a 26-year high in the last week of December, data showed on Thursday, while retailers, including market leader Wal-Mart, reported poor sales as the year-long economic slump deepened. |
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