World-News

Christopher S. Rugaber, The Associated Press: "New claims for unemployment benefits rose more than expected last week, the government said Wednesday, while consumers cut back on their spending for the fifth straight month amid a deepening recession. The Labor Department reported that initial requests for jobless benefits rose to a seasonally adjusted 586,000 in the week ending Dec. 20, from an upwardly revised figure of 556,000 the previous week. That's much more than the 560,000 economists had expected."

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