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'Washington Post' To Close Remaining U.S. Bureaus()  

November 24, 2009 The newspaper said it would close bureaus in New York, Los Angeles and Chicago at the end of the year to save money and will focus news efforts on covering the nation's capital. Six correspondents are being offered jobs in Washington, while three news aides will be let go Dec. 31.

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Fed Says Jobless Rate Will Drop, But Slowly()  

November 24, 2009 The central bank predicted the jobless rate could hover between 8.6 and 10.2 percent next year. Most Fed policymakers said it could take "five or six years" for the economy and the labor market to get back on a path of full health.

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Intelligence Squared U.S.

Are Obama's Economic Policies Working Effectively?()  

The reverse side of a U.S. $20 bill matched up with the north side of the White House.

November 24, 2009 As the economy slowly begins to recover from the financial meltdown, should the Obama administration get credit for turning things around? Or has the administration failed to do what it takes to really help the economy? A panel of experts takes on the question in the latest Intelligence Squared U.S. debate.

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Business

Banks Still Ailing, FDIC Insurance Fund Negative()  

November 24, 2009 Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits had a negative balance of $8.2 billion. Souring loans continued to hurt bank balance sheets, but they were buoyed by higher operating revenues and a revived market for securities, the FDIC said.

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Recovery's Pace Slower Than First Thought()  

GDP Chart

November 24, 2009 The economy grew at a 2.8 percent pace last quarter, as the recovery got off to a slower start than first thought. The government's new reading on gross domestic product wasn't as energetic as the 3.5 percent growth rate for the July-September period estimated a month ago. A separate report said confidence in the economy improved slightly in November.

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On The Road To Safety

'Diverging Diamond' Traffic Flow: Way Of The Future?()  

Cars swap sides of the road at the end of a bridge in Springfield, Mo.

November 24, 2009 The "diverging diamond" highway interchange is being put to the test in Missouri. Fans of the new design say it improves traffic flow by eliminating problematic left turns. There's just one catch: It briefly sends cars over to the left side of the road.

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James Denaro works on the floor of the New York Stock Exchange, Oct. 10, 2008.  Credit: Richard Drew/AP

NPR looks at the financial system's near collapse and whether lessons have been learned.

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