IBT Staff Reporter

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U.S. consumers fall behind on loans at record pace

Soaring U.S. unemployment and a shrinking economy drove delinquencies on credit card debt and home equity loans to all-time highs in the first quarter as a record number of cash-strapped consumers fell behind on their bills.

U.S. office market continues to spiral down: report

The U.S. office market vacancy rate reached 15.9 percent in the second quarter, the highest level in four years, and rent fell by the largest amount in more than seven years as demand remained weak, according to a leading real estate research firm.

Boeing to buy plant from 787 supplier

Boeing Co , the world's second-largest plane maker, said on Tuesday it will pay $580 million for a plant that makes part of the fuselage of its long-delayed 787 Dreamliner.

Chinese go online to vent ire at Xinjiang unrest

Chinese are venting their anger online after ethnic violence in the Muslim region of Xinjiang left at least 156 dead but are playing a cat-and-mouse game with censors who appear to be removing some posts and blogs.

Midday Minute - Tech July 7

Researchers at Carnegie Mellon University have successfully devised a way to guess a person's Social Security number using statistical analysis. Armed with your date of birth and the state in which you were born, it's now possible to generate a quite small set of digits that are likely to contain your actual SSN.

Obama, in Russia, praises democracy, blasts graft

President Barack Obama appealed to the Russian people on Tuesday to join the United States in overcoming past differences and building a prosperous democratic future free of corruption and the threat of nuclear war.

Armed Chinese protesters seek vengeance for riots

Thousands of angry Han Chinese, many of them armed and seeking vengeance for deaths in rioting two days earlier, surged through the capital of the northwestern region of Xinjiang on Tuesday looking for Uighur targets.

Midday minute - July 7 - Energy

The U.S. Senate began debating the climate bill on Tuesday with hearings from three high-ranking officials. General Motors is on track to launch a plug-in sport-utility vehicle.

Climate debate kicks off in U.S. Senate

The U.S. Senate Environment and Public Works Committee began debating the climate bill on Tuesday with hearings from four high-ranking officials, U.S. Energy Secretary Steven Chu, Interior Secretary Ken Salazar, Agriculture Secretary Tom Vilsack and Environmental Protection Agency Administrator Lisa Jackson.

The Last Mahaseer - Fishing in India

Plunk! A silver splash breaks the taut skin of the water just upstream of the grey boulder where the rapid enters the calm womb of the turquoise pool. With slow turns of the handle I begin to reel in my lure; gently easing it as close to the boulder as possible.

Oil falls 2 percent on economy, weak gasoline

Oil fell 2 percent to below $63 a barrel on Tuesday, pressured by investors' caution over prospects for economic recovery and an expected increase in U.S. gasoline stocks in the heart of driving season.

Midday Minute July 7 – Finance

U.S. credit card delinquencies reach all-time high Consumers are increasingly failing to meet credit card payments as they battle high unemployment rates and a shrinking economy which has left many cash strapped. Delinquencies on the value of all card debt soared to a record 6.60 percent from 5.52 percent in the fourth quarter.

Dell launches digital forensics service for police

Dell Inc, the world's second-biggest maker of personal computers, launched a package of hardware, software and services on Tuesday designed to help police convict more criminals as digital evidence proliferates.

Sony to enter netbook market with new Vaio

Sony Corp said on Tuesday it plans to launch a new Vaio laptop that will sell for around 60,000 yen ($629) in Japan in August, making an entry into the fast-growing netbook market.

8 Crazy Adventure Sports and Where You Can Do Them Too

Is white-water rafting no longer a rush? Been there, done that with bungee jumping? If standard travel activities like hiking, surfing, diving and zip-lining are leaving you cold, check out these unique, crazy, and sometimes downright dangerous adventure sports around the world.

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