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Thursday, January 15, 2009

Video - Business Update: Dems plan $825b fix

House Democrats are working on a bill that provides $825 billion in tax cuts and spending to revitalize the sagging American economy. The Dow broke a seven-day losing streak, gaining 12 points to 8,212. The S&P 500 rose a point to 843. The Nasdaq jumped 22 points to 1,511. Crude oil closed down above $35 a barrel. Conway Gittens reports from New York.

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