SNAPSHOT - Financial Crisis - 2320 GMT

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NEWS - Number of U.S. workers lining up for jobless benefits surged last week, home-building slumped to record low in December - Microsoft to cut up to 5,000 jobs over 18 months, will not offer new profit forecasts for the rest of fiscal year - White House promises to act swiftly on an $825 billion stimulus package in an attempt to reverse economic slowdown - Obama's nominee to head Treasury Department wins approval from a Senate panel, clears way for full Senate confirmation vote ...

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