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Obama to Re-Nominate Nobel Prize Winner to Fed

Posted: 12/23/2010 - President Barack Obama will resubmit the failed nomination of a Nobel Prize-winning economist to the Federal Reserve, even though he faces even stronger opposition from the next Congress.

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Gov't Had 'Extreme Interest' in Steinbrenner Probe

Posted: 12/23/2010 - Newly released documents show Watergate Special Prosecutor Archibald Cox expressed "extreme interest" in a 1970s criminal investigation of Yankees owner George Steinbrenner for illegal campaign contributions.

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Insurance Industry's Safest New Cars

Updated: 12/22/2010 - The Insurance Institute for Highway Safety recognized 66 vehicles as winners of their top safety pick award for the 2011 model year. The award honors vehicles for their ability to protect motorists in front, side, rear and rollover crashes. The vehicles must have anti-rollover technology called Electronic Stability Control, or ESC, and strong scores in roof strength tests.

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Senate Ratifies Nuke Pact, Delivering Win to Obama

Posted: 12/22/2010 - The Senate on Wednesday ratified an arms control treaty with Russia that reins in the nuclear weapons that could plunge the world into doomsday, giving President Barack Obama a major foreign policy win in Congress' waning hours.

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Famed Balloonist Laid to Rest in NM

Posted: 12/22/2010 - Famed balloonist Richard Abruzzo was remembered for his adventurous spirit at his funeral Wednesday in Albuquerque, N.M.

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'Large Guy' Convicted in Chicago Mob Trial

Posted: 12/22/2010 - Jurors in Chicago have convicted a reputed mobster and four members of his alleged crew of orchestrating the bombing of a video gaming company's offices.

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Executive Order for Detainee Reviews Being Drafted

Posted: 12/22/2010 - President Barack Obama said Wednesday his administration is trying to figure out what to do with detainees at the military prison at Guantanamo Bay, Cuba, who can't be prosecuted but are too dangerous to be released.

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Officials: 5 Vacant Homes Gone in AZ Flooding

Updated: 12/22/2010 - Homes along a flooded wash in far northwestern Arizona were teetering on the edge Wednesday as residents scurried to gather belongings with the threat of even more structures being swept away.

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Congress Passes Aid Package for 9/11 Responders

Posted: 12/22/2010 - Congress has passed a $4.2 billion aid package for survivors of the September 2001 terrorist attack on the World Trade Center and responders who develop illnesses because of breathing dust from the ruins.

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Obama: New Congress Will Focus on Spending Cuts

Updated: 12/22/2010 - President Barack Obama says Republicans and Democrats will have a robust debate about how to cut spending when a new Congress convenes next month with the GOP in control of the House.

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Obama Sees Season of Progress

Updated: 12/22/2010 - President Barack Obama celebrated a bipartisan "season of progress' on Thursday at a year-end news conference a few hours after the Senate ratified an arms control treaty with Russia.

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Jury Recommends Death for Dad, Son in Bank Bombing

Updated: 12/22/2010 - A jury Wednesday recommended that a father and his son be sentenced to death for planting a bomb that exploded inside an Oregon bank two years ago, killing two police officers and maiming a third.

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Administration Files Trade Case Against China

Posted: 12/22/2010 - The Obama administration on Wednesday filed a case against China before the World Trade Organization, accusing Beijing of providing unfair government subsidies to Chinese energy companies.

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Senate Approves Nuclear Arms Pact with Russia

Updated: 12/22/2010 - The Senate on Wednesday ratified an arms control treaty with Russia that reins in the nuclear weapons that could plunge the world into doomsday, giving President Barack Obama a major foreign policy win in Congress' waning hours.

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Obama Signs 'Don't Ask, Don't Tell' Repeal

Posted: 12/22/2010 - President Barack Obama signed a landmark law Wednesday repealing the ban on gay men and women serving openly in the military, fulfilling one of his major campaign pledges and casting the issue as a matter of civil rights long denied.

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Man Who Killed Angel Pitcher Gets 51 Years to Life

Posted: 12/22/2010 - A construction worker who ran a red light and killed Los Angeles Angels pitcher Nick Adenhart and two other people has been sentenced to 51 years to life in prison.

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Kennedy Cousin Lawyer Heading to Prison Over Taxes

Posted: 12/22/2010 - An attorney who represented Kennedy cousin Michael Skakel in his murder trial was sentenced Wednesday to one year and one day in federal prison for failing to pay almost $400,000 in income taxes.

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Holiday Shoppers Sprint to End; Retail Revenue Up

Posted: 12/22/2010 - Holiday shoppers are racing to the end of the season at a more feverish pace this year, with retail revenue up 5.5 percent during the last weekend before Christmas.

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