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Treasury Predicts Huge Government Borrowing Needs

Posted: 10/28/2008 - The financial rescue operation will force the federal government to borrow an unprecedented amount of money as the budget deficit climbs to record heights, a top Treasury Department official said Tuesday.

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Staph Germs Harder Than Ever To Treat

Posted: 10/28/2008 - Drug-resistant staph bacteria picked up in ordinary community settings are increasingly acquiring "superbug" powers and causing far more serious illnesses than they have in the past, doctors reported Monday. These widespread germs used to be easier to treat than the dangerous forms of staph found in hospitals and nursing homes.

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Consumer Confidence Plunges to Lowest on Record

Posted: 10/28/2008 - Layoffs, plunging home prices and tumbling investments have pushed consumer pessimism to record levels in October. Wall Street shook it off, though, focusing instead on higher global markets amid optimism the Federal Reserve will ease interest rates further.

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Stocks Carve Out Rebound After Sharp Selloff

Posted: 10/28/2008 - Wall Street shook off more signs of global economic troubles Tuesday and carved out a sizable gain as investors awaited the Federal Reserve's next move on interest rates. The major indexes each rose more than 1 percent, including the Dow Jones industrials, which jumped 200 points.

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Hampton Inn Opens Doors

Posted: 10/28/2008 - Topeka's newest hotel invited the public in to see what it has to offer on Monday morning.

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Stocks Carve Out Early Rebound after Selloff

Posted: 10/28/2008 - Wall Street is shaking off more signs of global economic troubles and is rising while investors await the Federal Reserve's next move on interest rates.

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September New Home Sales Rise by 2.7%

Posted: 10/28/2008 - Sales of new homes recorded an unexpected increase in September as median home prices dropped to the lowest level in four years, the Commerce Department reported Monday.

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US Steel Posts Dramatically Higher 3Q Profit

Posted: 10/28/2008 - United States Steel Corp. says its third-quarter profit more than tripled as higher prices led to record gains in its tubular and flat-rolled steel businesses, but the company expects softening demand to lower fourth quarter results.

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Stocks Point Higher as Global Shares Jump

Posted: 10/28/2008 - Wall Street shook off more signs of global economic troubles Tuesday and headed for a rebound while investors awaited the Federal Reserve's next move on interest rates.

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S&P: Home Prices Post 17% Annual Drop in August

Posted: 10/28/2008 - A closely watched index shows home prices tumbled by the sharpest annual rate ever in August. The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday dropped a record 16.6% in August from the year-ago month, the largest drop since its inception in 2000.

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New Deal To Rescue Borneo Orangutans In Malaysia

Posted: 10/28/2008 - Conservationists said Tuesday they were planning a big push to protect Borneo's orangutans, pygmy elephants and other endangered wildlife by purchasing land from palm oil producers to create a forest sanctuary.

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Police Seek Clues In Slayings of Hudson Relatives

Posted: 10/28/2008 - With two crime scenes, a suspect in custody and an outraged community, Chicago's top cop said he is confident investigators will find clues to solve the deaths of Oscar winner Jennifer Hudson's mother, brother and nephew.

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Kids' Eye Problems Often Emerge In Homework Battle

Posted: 10/28/2008 - Your 9-year-old's eyes hurt during homework? Your teen's a slow reader plagued with headaches? They may have a common yet often missed vision problem: Eyes that don't turn together properly to read.

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NCI: No Prostate Benefit From Vitamin E, Selenium

Posted: 10/28/2008 - The government is stopping part of a major study of whether vitamin E and selenium prevent prostate cancer - because the supplements aren't working and there's a hint of risk.

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Staph Germs Harder Than Ever To Treat, Studies Say

Posted: 10/28/2008 - Drug-resistant staph bacteria picked up in ordinary community settings are increasingly acquiring "superbug" powers and causing far more serious illnesses than they have in the past, doctors reported Monday.

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Oil Rises Near $64 on World Stock Market Rebound

Posted: 10/28/2008 - Oil prices rose to nearly $64 a barrel Tuesday as a rebound in world stock markets bolstered investor confidence that had been weakened by fears of a world economic slowdown.

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Whirlpool to Cut 5,000 Jobs by 2009

Posted: 10/28/2008 - Whirlpool Corp. says it will cut 5,000 jobs by the end of 2009 because of the global credit crisis and its expectation for continued reduced demand in North America and Europe.

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China Says Hostages Died During Failed Rescue

Posted: 10/28/2008 - Five Chinese oil workers kidnapped in Sudan died during a botched rescue attempt, the Foreign Ministry said Tuesday. China was involved in the rescue effort led by Sudan, ministry spokeswoman Jiang Yu said. She confirmed that two other workers had been rescued and two more remained in captivity.

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A Tomato Of A Different Color

Posted: 10/27/2008 - A new study has shown that, with a little help from science, some fruit may even cure cancer. Genetic scientists take the natural cancer-fighting dark pigment that exists in blueberries and cranberries and produce it in tomatoes.

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Reuters Newsroom in NYC Reopens after Powder Scare

Posted: 10/27/2008 - NYC Police are testing a white, powdery substance that arrived at the Reuters newsroom in an envelope Monday afternoon. It prompted 140 staffers to evacuate for three hours.

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U.S. Helicopter Shot Down in Afghanistan

Posted: 10/27/2008 - A U.S. UH-60 helicopter has been shot down in Afghanistan. None of the 10 soldiers on board were killed, U.S. official says. A suicide bomber has killed a U.S. soldier and child in northern Afghanistan.

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