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  • Fuel removal under way on Italy cruise ship

    Authorities in Italy say pumping operations have begun to remove some of the 500,000 gallons of fuel aboard the cruise ship that ran aground off Tuscany.

  • Greece passes new austerity deal amid rioting

    Greek lawmakers on Monday approved harsh new austerity measures demanded by bailout creditors to save the debt-crippled nation from bankruptcy, after rioters in central Athens torched buildings, looted shops and clashed with riot police.

  • The fight begins: Obama's budget going to Congress

    The new budget that President Barack Obama is sending to Congress aims to achieve $4 trillion in deficit reduction over the next decade by restraining government spending and raising taxes on the wealthy. To help a weak economy, Obama's proposal Monday requests increases in transportation, education and other areas.

  • Jittery investors watch Greece, US economic data

    For the past six weeks, Wall Street traders have optimistically pushed the Dow Jones industrial average up nearly 4.8 percent on a belief that the U.S. economic recovery is finally gaining momentum.

  • As Facebook IPO nears, the case for dull stocks

    Investors thinking of buying a piece of Facebook after it goes public are hoping it will perform like Google, whose stock has risen 500 percent since its debut seven and a half years ago.

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