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By Caren Bohan and Jeremy Pelofsky WASHINGTON (Reuters) - President-elect Barack Obama, said on Friday that the latest grim unemployment report added urgency to the need to pass his $800 billion stimulus proposal, even as his efforts ran into difficulties in the U.S. Congress. Obama's top aides visited Capitol Hill to allay lawmakers' concerns about his proposal, which would combine tax cuts, aid to states and public works projects. The measure is aimed at lifting the economy out of a recession that has already lasted a year. "Our expectation is that we will continue to hone and refine our package over the next several weeks," Obama told a news conference, noting that the effort to craft the stimulus package would be a collaboration with Congress. Several Senate Democrats have raised questions about whether some of the tax... [read full story]
By The Associated Press (AP) - A day-by-day look at President Barack Obama's trip to Asia: Thursday, Nov. 12: Departs for Japan, Singapore, China and South Korea, through Nov. 19. En route to Tokyo, Japan, stops at Elmendorf...
A draft deal to start defusing nuclear tension between Iran and big powers has foundered in rows over details and goals, reflecting mistrust and an Iranian tendency to play for time. (REUTERS/Raheb Homavandi) The breakdown of a...
FORT WORTH, Texas -- A race that featured 58 lead changes boring? Two cars upside down in the final laps and the talk is about single-file racing earlier in the event? NASCAR faces a dilemma about its racing.
The former Virginia Tech standout is trying not to be "MeAngelo" anymore. WASHNGTON -- A year ago Thursday, DeAngelo Hall was in his first day as an unemployed, unwanted NFL cornerback. He had been to the Pro Bowl twice. He had...
