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Realtors See Record Home Prices in '05, Cooling '06

NEW YORK – U.S. home sales are set to defy predictions of a slight slowdown and set another record in 2005, but prices should rise at a slower rate next year, a U.S. realtors’ group said Wednesday. Existing home sales are expected to total 7.07 million units this year, up …

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Sept. Industrial Output Tumbles on Katrina, Rita

WASHINGTON – Output from U.S. factories, mines and utilities tumbled by a surprisingly sharp 1.3 percent in September due to a big drop in oil and gas output after Hurricanes Katrina (search) and Rita, a Federal Reserve (search) report showed on Friday. It was the largest decline in industrial production …

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Supreme Court Won't Block Lawsuit Against Gun Manufacturers

WASHINGTON – The Supreme Court (search) refused Monday to block a lawsuit against gun manufacturers accused of negligence for firearms violence in the nation’s capital. An appeals court had said that the District of Columbia government and individual gun victims, including a man who was left a quadriplegic (search) after …

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