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White House defends takeover of AIG

Posted: 09/17/2008 - The White House says the extraordinary federal takeover of American International Group was needed to prevent broader harm to the reeling economy. But officials there also are acknowledging that taxpayers may never get fully back paid on the deal.

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House votes to ease DC gun restrictions

Posted: 09/17/2008 - The pro-gun majority in the House has voted to make it easier for residents of the nation's capital to buy and own firearms.

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North Carolina county to buy flood-damaged homes

Posted: 09/17/2008 - Mecklenburg County could spend more than $4 million to buy as many as 50 homes that suffered serious flood damage after Tropical Storm Fay and other storms.

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Special Forces trainee died from snake bite

Posted: 09/17/2008 - The Army says a Special Forces trainee found dead this summer during a land navigation exercise in North Carolina was bitten by a poisonous water moccasin, also known as a cottonmouth.

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Study: ATV size guidelines inadequate

Posted: 09/17/2008 - Researchers at the University of Kentucky have found that inadequate size guidelines for all-terrain vehicles may be a contributing factor to a recent string of injuries and deaths.

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Treasury announces debt auctions for Fed

Posted: 09/17/2008 - The Treasury Department has announced that in an effort to help the Federal Reserve deal with unprecedented borrowing needs resulting from the current credit crisis, it will begin auctioning debt for the central bank.

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Ike leaves Midwest in the dark after rain, winds

Updated: 09/17/2008 - Facing a third straight day without power, residents across the Midwest are are making sure things like batteries, generators, ice and coolers don't stay on store shelves very long.

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Housing construction drops 6.2 percent in August

Posted: 09/17/2008 - Government data show construction of new homes and apartments fell by a larger-than-expected amount in August, pushing activity to the lowest level in 17 years.

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US official: Up to 5 explosions at Yemen embassy

Posted: 09/17/2008 - The White House is calling today's deadly bombings outside the American embassy in Yemen a reminder of the danger from "violent extremists both at home and abroad."

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US puts Bolivia on drugs blacklist

Posted: 09/16/2008 - President Bush has determined that Bolivia is no longer cooperating in the war against drugs and has placed the Latin American country on a counter-narcotics blacklist that could result in aid cuts.

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US organizing evacuation flights from Bolivia

Posted: 09/16/2008 - The State Department is organizing at least two evacuation flights for Americans who want to leave Bolivia amid widespread and worsening political unrest there.

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White House scraps press coverage of Bush meeting

Posted: 09/16/2008 - With Wall Street in turmoil, the White House has canceled any press coverage of President Bush's meeting with his chief advisory group on the reeling financial markets.

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Stocks end higher after Fed keeps rates unchanged

Posted: 09/16/2008 - Wall Street has ended another tumultuous day with a big gain, partly recovering from its worst sell-off in years after the Federal Reserve said it was keeping interest rates steady. The Fed soothed fears of a worsening financial crisis even as the market waited to learn the fate of troubled insurer American International Group Inc.

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