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Fitch downgrades 5 eurozone countries

Ratings agency Fitch downgraded the credit ratings of five eurozone nations Friday, including economic heavyweights Italy and Spain.

Federal deficit $17B and falling

The federal budget deficit now stands at $17.3 billion, eight months into the fiscal year, the Finance Department reports.

Baghdad suicide bombing kills 32

A suicide bomber has detonated an explosives-packed car near a funeral procession in Baghdad, killing at least 32 people — including six policemen who were guarding the march — in the latest brazen attack since the U.S. troop withdrawal from Iraq.

NASA's Kepler mission finds 26 new planets

NASA's Kepler mission has discovered 11 new planetary systems hosting 26 confirmed planets – nearly doubling the number of verified planets and tripling the number of stars known to have more than one planet that passes in front of it.

Neilson recalls Trutaste milk over contamination

People should not drink certain Neilson microfiltered partly skimmed milk because it may be contaminated with a cleaning solution, federal food officials say.

U.S. economy growing at fastest pace in a year

The U.S. economy grew at a 2.8 per cent annual rate in the final three months of last year, the fastest growth in 2011.

Syrian violence spikes as activists allege 'massacre'

Two days of bloody turmoil in Syria killed more than 50 people as forces loyal to President Bashar Assad shelled residential buildings, fired on crowds and left bleeding corpses in the streets in a dramatic escalation of violence, activists said Friday.