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Biggest Stories of 2012

Number 7: U.S. Economy

By many measures, the economy was on a welcome upswing. The unemployment rate dipped to a four-year-low of 7.7 percent, stock markets rose, builders broke ground on more homes, and November was the best sales month in nearly five years for U.S. automakers. But overshadowing the good news was deep anxiety about the economic consequences if Obama and the Democrats failed to reach a tax-and-spending deal with the Republicans. (AP Photo)

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