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China has accelerated computer espionage attacks on the U.S. government, defense contractors and American businesses, a congressional advisory panel said Thursday.

Arizona Gov. Janet Napolitano, an early Barack Obama supporter from the southwestern part of the country, is the likely choice for the job of secretary of homeland security, a top Obama adviser said Thursday.

Longtime friends and advisors of Hillary Rodham Clinton tell CBS News that it won't be easy for the former first lady to leave the Senate, but if Barack Obama really wants her to be his top diplomat, they say she absolutely wants to do it, so long as the vetting process goes smoothly

Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday and extended Wall Street's sell-off to a second day. The major indexes each fell more than 1.5 percent, including the Dow Jones industrial average, which lost 110 points.

Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday and extended Wall Street's sell-off to a second day. The major indexes each fell more than 1.5 percent, including the Dow Jones industrial average, which lost 110 points.

New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.

New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.

Rep. Henry Waxman - a liberal ally of Speaker Nancy Pelosi - will take over the chairmanship of the powerful House Energy and Commerce Committee when the next Congress convenes in January.

With weekly jobless claims benefits at a 16-year high, the White House said Thursday that President George W. Bush would quickly sign legislation pending in Congress to provide further unemployment benefits.

With weekly jobless claims benefits at a 16-year high, the White House said Thursday that President George W. Bush would quickly sign legislation pending in Congress to provide further unemployment benefits.

Oil prices plunged over $3 Thursday, briefly dipping below $50 a barrel as 16-year high U.S. unemployment figures and plummeting stock markets caused investors to price in lower crude demand.

Oil prices plunged over $3 Thursday, briefly dipping below $50 a barrel as 16-year high U.S. unemployment figures and plummeting stock markets caused investors to price in lower crude demand.

World stock markets tumbled Thursday, with benchmarks in Tokyo and Seoul losing almost 7 percent each, after recession fears sent Wall Street plunging and Japan suffered its biggest drop in exports in seven years.

World stock markets tumbled Thursday, with benchmarks in Tokyo and Seoul losing almost 7 percent each, after recession fears sent Wall Street plunging and Japan suffered its biggest drop in exports in seven years.

Pounded by a fierce financial crisis, the country is sinking deeper into economic despair and is likely to be in the hole well into next year, forcing more Americans into the ranks of the unemployed.

Pounded by a fierce financial crisis, the country is sinking deeper into economic despair and is likely to be in the hole well into next year, forcing more Americans into the ranks of the unemployed.

In the new issue of People Magazine, Ashley Alexandra Dupre is still selling her looks even as she tries to say she's sorry. The former call girl who helped bring down Elliot Spitzer with their sex-for-hire tryst at a Washington D.C. hotel told the magazine she is haunted by the image of the former governor, the man she knew as "George Fox, Client Number 9," appearing on television standing next to his grim-faced wife, Silda.

A Texas judge has set a Friday arraignment for Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others named in indictments accusing them of responsibility for prisoner abuse in a federal detention center.

He was an ubiquitous presence on the campaign trail. Sen. Joe Lieberman, the former Democratic vice presidential candidate, stumped for his close friend, Republican Sen. John McCain. He recently sat down with CBS News anchor Katie Couric.

Animals and plants in danger of becoming extinct could lose the protection of government experts who make sure that dams, highways and other projects don't pose a threat, under a regulation the Bush administration is set to put in place before President-elect Obama can reverse them.