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Jolie, Pitt twins expected in few weeks

Angelina Jolie's doctor Michael Sussmann revealed Wednesday in Nice, France, that the birth of her twins will happen in the weeks to come, the Associated Press reported.

This Week In Petroleum - Jul 2

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Product supplied is defined as production plus imports minus stock change minus exports. Product supplied measures the volume of products moving through the primary petroleum supply system, which consists of refineries,
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Americans rediscover the piggy bank

Consumers banked a big portion of their tax rebate checks last month, giving them enough cushion to keep spending for a few more months and perhaps postponing a recession that once seemed inevitable.
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Clinton: We are one Party

Senators Barack Obama and Hillary Clinton took the first step together in uniting the Democrat party since the divisive Democratic primary race ended, with a joint appearance on Friday in the aptly named New Hampshire town of Unity.
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Wall-E gains Critics Praises

Critics have praised Wall-E as a contender for the best movie of 2008 as it opens this today in the United States.
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U.S. Stocks Mixed on Economic Data, Merrill Plunges

U.S. stocks were mixed in morning trading on Friday, failing to post a significant rebound a day after the Dow suffered its second-worst percentage loss of the year and closed at its weakest level in 21 months while key inflation gauge showed signs that consumer spending surged in May.
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U.S. Stocks Drop, GM Shares Tumble 10 Pct

U.S. stocks tumbled sharply on Thursday with the Dow dropping to its worst level since September 2006 on a series of downgrades from Goldman Sachs while shares of Citigroup Inc. and General Motors hit its lowest levels in more than nine years.
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Bush says he will lift sanctions against N. Korea

President Bush said Thursday he will lift key trade sanctions against North Korea and remove it from the U.S. terrorism blacklist, a remarkable turnaround in policy toward the communist regime he once branded as part of an axis of evil.
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PRECIOUS METALS: Gold Futures Gain on Inflation Concerns

Gold futures gained in electronic trading on Wednesday afternoon in New York, after ending lower at the close of trade when the Federal Reserve announced its decision to keep interest rates steady as inflation concerns rise.
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Tech Stocks Rally After FOMC Decision

U.S. stocks held onto most of its gains on Wednesday after the Federal Reserve decided to end its string of interest rate cuts and maintain rates at 2 percent as inflation concerns rise.
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U.S. Stocks Gain as Financials Advance

U.S. stocks rose on Tuesday on speculation that weaker consumer confidence and a record plunge in home prices will ensure the Federal Reserve to maintain interest rates at current levels, while United Parcel Service set new multiyear low.
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World wine growers face CO2, fuel challenges

World wine producers face rising challenges from global warming and soaring fuel costs but any resulting price rises will be bearable, the newly re-elected head of the International Organization of Vine and Wine (OIV) said on Friday.
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Midwest floodwaters cresting, recovery under way

The Mississippi River's crest rolled downstream on Friday, submerging small towns and some of the U.S. Midwest's most fertile farm fields with a relentless flow as people and industry struggled to cope with the effects of the worst flooding in 15 years.
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U.S. Stocks Fall as Oil Rises

U.S. stocks fell on Friday to a three month low as the oil price continued to rise following increased violence in the Middle East and more trouble persisted in the financial sector.
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US and China Set to Commence Investment Talks

The U.S. and China agreed to begin negotiations for an investment treaty that would guarantee access for the nations' companies to buy assets in the other country, representatives said at the close of a week-long meeting in Annapolis.
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This Week In Petroleum - Jun 18

Refinery utilization was lower than typical in first quarter 2008. Actual first-quarter 2008 utilization averaged 84.7 percent, compared to the average of 89.1 percent during first quarter 2001 through 2005 (years where first quarter

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