MICHIGAN

Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Brent Crude Up Slightly as Irene Barrels on

Brent crude oil rose slightly in choppy trade on Friday as Hurricane Irene barreled toward the U.S. East Coast and traders weighed comments by U.S. Federal Reserve Chairman Ben Bernanke on the economy.
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U.S. Job Market

Unemployment Rate Rises in 28 States in July as Companies Adopt Cautious Stance

The unemployment rate rose in more than half of the nation's states in July, as the slowdown in economic growth prompted companies to take a wait-and-see stance regarding new hires. The major period of lay-offs appears to be over, but the hiring has not resumed en masse, which has kept the nation's unemployment rate stubbornly high at 9.1 percent,
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Wingwalker Dies After Fall at Michigan Air Show

A wingwalker at an air show near Detroit fell to his death on Sunday, after he tried to transfer from an aircraft to a helicopter and plunged about 200 feet to the ground, officials said.
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GM Says Bankruptcy Excuses It from Impala Repairs

General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
Woman dying from colon cancer

Study: 'Overtreatment' for Thyroid Cancer is Running Rampant

Experts say some doctors may be too quick in treating patients with thyroid cancer a radioactive iodine drug, which helps those with advanced tumors, while it is unclear if the treatment is a benefit or not, according to a report by Chicago researchers.
U.S. President Barack Obama

Obama Says Political Divide is Hurting Economy

President Barack Obama said on Saturday that bitter fights between Democrats and Republicans in Washington were hurting the economy and he urged lawmakers to embrace compromise in order to boost job growth.
At Issue: U.S. Deficit Reduction

U.S. Debt Deal: With Super Committee Seats Filled, Hard Work Begins

House Minority Leader Nancy Pelosi, D-Calif., rounded out the super committee by announcing her three House Democratic members for the special bipartisan board. Now the tough work begins: reducing the deficit by at least another $1.5 trillion over 10 years, and as far as the financial markets are concerned, the sooner the reduction is announced, the better.
U.S. President Barack Obama

Obama vows new ideas to boost jobs, slams Congress

President Barack Obama distanced himself from a deeply divided U.S. Congress on Thursday, pledging to deliver fresh ideas to create jobs and slamming lawmakers for "bickering" that gets in the way of recovery.

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